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 ...

   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 ...

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 ...

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 ...