Forex Rocket - All you have to know about Forex

Fibonacci levels in Forex Let us presume that the Fibonacci levels (UV) today is if not every second, every third or fifth successful trader. Themselves UV are not a trend indicator, but allow you to more clearly see the big picture from what level the price will jump back to what level will go etc. First, let's find out the origin of this tool. Fibonacci levels - the origins In the XIII century, the famous Italian mathematician Leonardo Fibonacci was discovered a simple sequence of numbers: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144. Each number in the sequence is the sum of two previous ones (except for 1 and 1, of course). For example, 2 is 1+1, 13 = 5+8 etc. Mathematician discovered that when dividing two adjacent numbers (smaller to larger) the result is always the same (rounded). For example, 21/34 = 0,618, 55/89 = 0,618 etc. The last pattern - if we divide any of the numbers on the number following after him +1, we obtain the relation, close to 0,382. For exampl

Wave analysis Elliott Analyzing the price movement at different time intervals, the Creator wave analysis determined that even the psychology of the market, i.e. players bidders, there are certain regularities. The behavior of the masses (the crowd), which is important for any financial market, from the point of view of psychology goes 6 - stage expansion, enthusiasm, euphoria, sedation, decline and depression. Basic postulates of wave theory Elliott said, that the price movement in any market there are waves that allows one to predict the further development of the situation. According to Elliott, there are 2 models of the market is “bullish” and “bearish”. In a bear market there are no sharp price movement rates. In General, for such a market is characterized by calm during all processes. On the contrary, a bullish market is aggressive and dynamic price constantly jumps up or down, volatility remains high. In wave analysis Forex , as well as in any other market, there

Pin Bars - Price Action setups The tops of the bars on each side "nose" are the "eyes". Please note that Open and Close PB, ie nose should be in the redistribution of the left eye. Pin-bar can be traded as a single figure, and in combination with others. These include Fibonacci levels, important pivot levels (reversals), moving averages, peaks and main swing, fusion (the MA or Fib levels), rollbacks of current movements (not less than 23% Fib). For greatest reliability worth trade PB occurring at the maximum or minimum swing, or repelled from the merger. Figure 2 PinBar - a very reliable pattern Price Action. Trading on the pin-bars For beginners we recommend to put a stop order (or limit) directly under the base of the PB, about 10 points lower. Foot and input orders should be placed in 10 locations from the extrema, as the price may be a bit to go beyond the maximum or minimum. Figure 3 If current orders we receive profits, trail the

Forex Technical Analysis using a trend line One of the simplest, and therefore - popular tools of technical analysis is the trend line. It would seem that it is easier? Couple the two price minimum or maximum on the chart with one line and all. However, this simple action helps a lot in real trading. With the help of the trendline trader always sees the trend in the market. Therefore, it gives him the opportunity to take a position on pullbacks from the graphs of small formations in the direction of the trend older period, and vice versa, to make the decision to close the deal when the price crosses the current trend line. (Pic.1) With the trend lines are very convenient to denote known graphic shapes, ie those price patterns, without which the Forex technical analysis is simply impossible. (Pic.2) For example, you can set the rectangle flag or pennant, which will show us the flat, ie, the state of the market when the price fluctuates within a certain range. In thi

   Order for Forex So, market order Forex provides for the purchase of currency or other instrument at the current Ask price or sell at the current Bid price. To avoid confusion, what exactly price completed the transaction, please remember a few simple rules. 1. The deal will always be made at a price less profitable for the trader. That is, the purchase is always at a higher price (Ask), and sold at lower (Bid). Similarly, work pending orders Forex (pending orders). 2. All calculations are fully automated trading terminal, which makes it a trader. The presence of market orders on Forex allows the broker ample opportunity for manipulation. For example, the broker may execute your market order Forex profitable price. If the price goes in your direction (upward in the purchase, down in the sale), broker (trading terminal) to repeat the request for opening orders on Forex at a new price, and the trader can choose either Yes or no. If the price moves against the trader wil

Leverage Forex, what is better to choose? So, what is meant by the definition of “ leverage Forex ”? It is the ratio of the volume with which the trader works to the total amount of funds held in the account. This ratio is designated as 1:100 (pronounced - one in one hundred). That is, having the Deposit, say, $ 100, you can trade in the amount of $ 10,000.  Values leverage Forex can be different. A good Forex broker provides leverage Forex from 1:20 to 1:500. The last option is very risky, although good traders salpingotomy and/or other aggressive trade. Optimal consider the ratio of 1:100, with the option risks:yield as balanced as possible. Special attention to the choice leverage Forex should be given to new traders. Because the maximum degree of risk in each transaction is considered to be 1-3% of the Deposit. The higher this will leverage Forex, the higher the risk of loss of Deposit. Accordingly, reducing the leverage of Forex (and, hence, the volume of trading p

Forex Strategy - Vegas-Wave (gain 352 points) Work as usual with a reliable dealing center . A bit of theory. For the EMA (144) with a well-defined trend characterized by the fact that it appears the level of support for the price. When the price crosses the EMA (144) is formed signal, whereby the trend is likely to change its direction. Signal for opening positions according to the strategy Forex on the moving average method "Vegas-Wave" acts penetration channel EMA. The resulting fractal will act as an additional filter - at his trial, and exhibited a pending order. To fix the profits can be used Elliott Wave Theory + levels and Fibonacci extension , which are measured from the first wave of Elliott the current trend. Algorithm trade strategy based on moving averages "Vegas-Wave" When the price above the price channel - a "buy zone" below - "area sales." When penetration top price channel formed EMA (144) and (169), after whic

Fractal indicator As you know, the movement along the trend occur only in 15-30% of the time and make the most profitable trade will be periods during which the price varies according to the trend. Distinguish fractals up and down. Fractals, upward, can be seen on the chart after the formation of a series of candles (bars), whose number is 5 or more. In these before and after the peak located at 2 candles on each side with lower maxima. Fractals down identical fractals up, but are configured down.  Many traders use Fractal indicator together with Alligator, which was also the creator of B. Williams. When the location of the fractal below Zubov Alligator (red moving average) is not desirable to open long positions, at the location of the above - short. If a fractal is located outside the mouth of Alligator, this suggests the formation of a fractal as a signal - the latter is relevant to the emergence of strong new signal fractal.   The figure shows that at points A, B and C (fract

Free forex training Where, as a rule, begins her journey man who just learned about forex trading and kindled a desire to profit from speculation? Someone's coming to the forum and starts asking a lot of questions "guru" who is downloading from your favorite torrent site terabytes of video, hoping it all to "digest" and some (a few) begin by reading books, guides the famous trader. Do not forget about the courses offered by known dealing centers for beginners. Which approach is optimal? The secret is that everyone is right in their own way, but often makes the same mistakes. By and large, is not as important to begin. It is important to have a basic knowledge, understanding of the key drivers of the market. So right now, we'll take 5 steps that will be the foundation, thus the test from which molded the future successful traders. Step 1. Download and install on your computer the MetaTrader 4 (a basic platform for Forex trading) Step 2. Learn video

Forex session, what time Forex to choose? There are several trading sessions Forex: 1. Asian sesia (00.00 - 09.00 Moscow time). 2. European sesia (09.00 - 16.00 (Moscow time). 3. American sesia (16.00 - 00.00 MSK). So, the schedule of trading sessions Forex you have read. We will examine each of Forex sessions . The Asian trading session trading The main players in the Forex market in the period from midnight to 06.00 is Japan, China and Australia. The fluctuation of currencies, as a rule, insignificant due to the fact that Europeans and Americans are sleeping or relaxing after work. Exceptions - important news for Asia and Oceania, which occurs most often at 03.00 or 03.30. Given the above, the person of our time zone it is difficult to trade at this time, and the volatility of currencies weak. Therefore it is better to refrain from trading, and if there are open positions to expose the trail or stop order to sleep peacefully. If you are a man going his homeward way, and love tr

Model absorption - Price Action setups Because of the contrast, MP for the trader relatively high probability of a good, profitable entry into the market. Required components of the bright signal - 2 candles that follow one after the other (or bullish and bearish or vice versa). In this case, the second candle surpasses the first value of his body, as if absorbing it. Fig.1 Bullish and bearish absorption For MP important are the following conditions: 1. Presence of a pronounced upward or downward trends can be short. 2. The body of the second candle should be more (absorb) the body first. Shadows can not be absorbed, then the signal is considered to be weaker. 3. The body of the second candle should be a contrast in color to the body first. Exception: a small body of the first candle ( Dodge or close to it). Figure 1 you can see both versions of the MP. Cover only the size of the body of the second candle, not its shadows. Bear MF often represented by a small candle of any color (

Internal bar Price Action setups Define what is WB. This candle or bar, body (with shadows) is located within the High and Low of the previous candle (bar), which is called decisive. Perhaps the formation of several WB after determining. Less setup is represented by candles, where each successive candle is in the range of the previous one. But such situations can be regarded as a stronger signal compared to the baseline. If a trader sees a model WB, it is assumed that the price has potential and is ready for further movement on the current trend. This pattern of Price Action allows you to open positions with minimal risk. Characteristics of the candles that arise with the trend The inside bar setup may appear on upstream and downstream markets. Separately setup as the signal is rarely a reliable source of information. As in the case of pattern PinBar , for Inside Bar the necessary support, otherwise it will be a regular candlestick combination. As a basis for prediction, you can use t

Price Action - trade without indicators Take a look at the picture. Regular schedule, is not it? As we know, the price moves in waves (zigzags). And if the start price movement, the trend in this direction is maintained. If a trader enters during a small correction (rollback prices against the main trend) - a cost-effective entry point. Connect the top and bottom. Now you will notice the trend movement, first down, then up. In the first half of the graph, you can search for points of entry for sale at rollback prices up, the second - to buy when the price moves down. 2. Price Action - look at the shadows of candles What is the shadow of a candle? This is the price levels of the Open and / or Close. If the shadows are long, it is possible to understand that the price met resistance, then turned around and headed in the opposite direction (in the direction of the candle body). This suggests the market moves too fast and strong players who have managed to deploy it. If we want to make m

Forex Forecast For a start, we need to distinguish between short-term and long-term review of the currency pair or pairs. The first is the best option for intraday traders, and the second is more suitable investors, tracking global trends. First of all you should verify the accuracy of forecasts. To do this, they must be precise and not vague. You can read Forex Analytics on the website of the broker, but you can use the mailing trading forecasts (paid or free). Start with the free options, while tracking statistics from multiple sources. A maximum of 2 weeks you will have enough information to weed out the worst analysts. It is better to give preference to long-term forecasts in combination with fundamental analysis conducted by the trader. Thus, we increase the likelihood of their occurrence. In addition, the entry in position is relatively rare, for example, once per day, which is ideal for busy people (the main work etc). Do not spray on a large number of currency pairs. Select

Forex courses - what to choose?  Choose a convenient training format. Personal presence, of course, more desirable, but if you are a busy person, better full-time study is not to find. Fashion technology (webinars, Skype) allow you to ask a question to the lecturer as if you were personally present at the seminar. But remember that homework is completely on you. ? Start small. If you are a beginner, go through the basic program and do not go on to “higher mathematics” until you feel more confident. You should know how to set the terminal to configure the chart of the currency pair, to apply basic indicators, set aside the order. Only after that proceed to testing counselors, in-depth technical and fundamental analysis, etc., conquering new heights of learning currency trading. ? Having mastered the basic concepts of trading, proceed to the most important point of training is to create your own trading system (TS). Not necessarily just to create something completely new - hire

Forex Smart Forex strategy based on the indicators (5000 points per month) To trade on this strategy, I recommend to choose a reliable broker, for example - Forex4you Setting indicators for trading Forex strategy based on the indicators “Forex Smart”: 1. linear weighted moving average (Lіneаr Weіghted Mоving Аverage) - period 8, offset 0, applied to the average price (Typіcal Rgse - HLC/3), blue color (Blue). 2. linear weighted moving average (Lіneаr Weіghted Mоving Аverage) - the period of 21, shift 0, applied to the average price (Typіcal Rgse - HLC/3), the color of Gold. 3. Parabolic (Parаbolic SAR) - step 0,0026, a maximum of 0.5. 4. the Stochastic oscillator (Stochаstic) - period %K 12 period %D 12, slow 5. Rates selectable Clоse/Clоse. Method MA selectable Exponential. It is necessary to tick off the items “to secure a minimum of 0 and maximum of 100. You also need to install additional levels of 20, 40, 60 and 80, the rest (most often is level 50) remove. 5. MACD - fast 8 E

How does PAMM investing? The basic principle of RAMM (abbr.. percentage Allocation Management module for managing the distribution of percent) account is the duplication of the trader (trading items) on the mass of investors. A simplified scheme of work is as follows: trader contributes to the special account a certain amount of their money (say, 1000$) and over a few months (3 or more) trades on these tools. If the trade is profitable, this account becomes a PAMM account - it is available for attachment of other people (not traders). That is, driving someone else's funds, the trader risks in the first place their money. The ability to withdraw money investors PAMM investing trader unavailable - Manager only works on the account with their means, and the program duplicates of his deal at the right percentage of each Deposit to the investor. Furthermore, if the Deposit is not increased, a trader as an investor will not receive remuneration. This benefit PAMM investment for the inve

Professional Forex. Secrets of professional traders Today trading conditions almost all Forex brokers contribute to the fact that all new traders are in the same starting conditions. Players are provided with the most modern technical tools for trade - convenient terminal (MetaTrader), multiple indicators, scripts, Forex and advisors. In the terminal there are many functions - from the creation of new indicators to fully automated trading. Thus, the major players and private traders trade in identical conditions. But the technical potential is only part professional Forex -of trading. Many inexperienced players pay too much attention to current events, losing sight of the overall trend. Professional highlights the most significant events in the great flow of information and not sprayed. Trader-professional always has: ? the long-term goal. ? a clear plan of how to act when the price moves in one direction or another. ? record all of your transactions (with justification - why bought it

Scalping on Parabolic and MACD (profit 31 points) You can trade on any currency pair (“ Scalping on Parabolic and MACD ” did very well on EURUSD and GBPUSD). Timeframe - M15 and above (better M30-H1). For real trading better to choose a reliable broker, for example Forex4you. The position is opened when the signals Parabolic and MACD-combo match. This means that the blue and red (dashed) line MACD-combo crossed, and Parabolic “moved” their point on the opposite side of the candle. Important: you need to filter out false signals. For example, if the point of the Parabolic “jumped” on the other side, and the MACD-combo fast salesasia average (blue) crossed the slow (red dashed line) from top to bottom, the following 1-3 bars (candles) signals Parabolic and MACD-combo should not change (to change direction). We open a sell position. If these signals on the next candle Parabolic again “jumped” signal is false, the position is not open. To open a position (direct or pending order) 3 way

Forex Scalping Strategy - Scalping in silence (gain 13 points) Opening a long position To determine the point of entry, it is necessary to plot the Fibonacci levels (Box gt; Fibonacci gt; Line). Looking forward to breaking or price rebound from 1st Parabolic (green), and then plot the Fibonacci lines (lower level - at least until the last big turn Parabolic, upper level - a maximum of Japanese Candlestick, where he was a reversal (breaking) Parabolic). Opening a position In that moment, when the price reaches the 50% level Fibonacci. Closing the deal , if the price reached the level of 161.8%. Stop loss better to put 2 points below the last minimum before turning Parabolic (lower level for our Fibonacci lines). Example: EURUSD, M1 (11.04.2011) At 11.58 the price jumped from green Parabolic (0,02 and 0,2). We put on the chart Fibonacci lines. The lower level (level 0 Fibonacci) - a local minimum (red candle at 11.55). The upper level (level 100 Fibonacci) - a local maximum (green

Forex Scalping Strategy "Simple scalping" (Profit 22 punta) Time - 9.15 30.03.2011. We look at the H1 chart - closed at 9.00 bullish (green) candle. M30 - green candle. M15 - 9.15 have a bullish candle. And finally, M5 - 9.15 green candle closes. All graphics are 4 1 green (bullish) candle, therefore, we buy at the price of 1.6017 a pound, putting a stop loss of 20 points - 1.5997, and take profit 30 pips - 1.6047. Witness the open position (the best place on the M5). As you can see, the price has gone down, but has not reached the stop-loss, then turned and reached the level of 1.6039. You can tighten stop loss to breakeven and above, and you can close the position, without waiting for the take-profit and stop-loss. Ideally, we could earn 22 points, actually a little less. If you look at these candles on TF H1, you can see two fairly large green candle, which means that profits could be even greater. Implementation Open in MetaTrader 4 graphics one currency pair, for exam

What is a reliable Forex? Since the broker is simple - after reading ratings and reviews reliable Forex Brokers , easy to determine the choice of dealing center. Positive feedback (at most, at 100% of their never - dissatisfied customers enough), good reputation, a large number of customers, well-designed website, easy to navigate - all this speaks in favor of the choice of the given broker. We should focus on the technology of open orders (orders). Which affects the speed of execution of your application, and, most importantly, the price of entry into the market. Identified a number of options: STP, ECN, NDD. Technology STP (an abbreviation of Straight Through Processing, from English. Literally "straight through processing") is an indirect part in the withdrawal of broker client positions on the stock exchange, and transfer their orders to the contractors (that banks or financial groups). Given that the latter, as a rule, are major players and proven forex market and order

  How    earn on Forex? Forex - scam?   A proportion of those who are not familiar with the Forex immediately categorically say - " Forex scam !"What's interesting, every year these people is getting smaller. Why is this happening? Because more and more of our fellow citizens are looking to the Internet the opportunity to earn their own minds. Forex - is one of those options. And, most likely, in a few years no one will be able to say - " Forex scam !"Another issue that consistently earn can not all. How to start trading? On the theory. Coming in preparatory courses or reading one or two books, a novice trader opens an account in any dealing center (we recommend Forex4you - Very favorable conditions + bonus 25-50% deposit!) And making money on your account. Next trader opens a few trades. As a rule, the first transactions bring some profit. Trader rejoices starts trading large volumes, more aggressive and ... Merges deposit! Conclusion: Fore

   Who are the market makers Forex?   According to the activity and the impact of currency exchange rates Forex participants can be divided into 2 groups: market-makers (video) and market-users (market-users, users). In the role of MM. Speakers brokers or dealing centers, which take on the risks associated with the acquisition and possession in their own securities accounts or other assets in order to organize and sales. MM. act on the Forex (and other markets) as direct participants in commercial transactions. Say Forex broker has an agreement with the stock exchange (ie, a large broker) to commit themselves to be held for a specified period of application of the same time with some difference between the Bid and Ask, ie buying and selling prices. During this MM. receives certain benefits, such as reduced commission on transactions. Thus, MM. - Free punter, who is in a special position. Market-users are also financial institutions that carry out the request val

      What is the minimum Deposit Forex?   Convenience minimum Deposit Forex is that we can invest a small amount to start trading the minimum allowed lot size (say, 0.01 on cent account). And this is enough to verify the quality of the trade broker, without worrying about losing money. Today we will talk about the minimum Deposit Forex and whether the trader to use it at all. Leverage and cent accounts As you know, almost all brokers today allow you to open a cent account. The lot is smaller than 100 times. Given the availability of leverage (the most popular of 1:100 and 1:200), this opens up a huge opportunity for the trader. Judge for yourself: by investing only a couple of tens of dollars, you can speculate on the world market as if you have 10,000 times and more money. Yes, you can still lose money if you trade recklessly, but if you have the experience, the lever provided to you at times will accelerate profit (and extend it). For example, on the US s