JOIN WITH FOREX FRIEND LOAN

Monday, 18 September 2017

Forex Trading Style

 Forex Trading Style, Forex, Trading, Style, Blog, Trader, Strategy, Market, Currency, Pairs, Position, Leveraging, Foreign Exchange

Forex Trading Style


Which Type Of Forex Trading Style You Prefer


This forex blog outline about forex trading style. What are some things that separate a good trader from a great one? Guts, instincts, intelligence and, most importantly, trading strategy. Just as there are many types of traders, there is an equal number of different trading strategy that assist traders in developing their ideas and executing their strategies. At the same time, timing also helps market warriors take several things that are outside of a trader's control into account. Some of these items include position leveraging, nuances of different currency pairs, and the effects of scheduled and unscheduled news releases in the market. As a result, timing is always a major consideration when participating in the foreign exchange world, and is a crucial factor that is almost always ignored by novice traders.

No matter what style you choose, you have to make sure that it is truly fits your personality.

Determining which type of forex trading style you prefer and which one matches your trading strategy the best is a very important step that many traders never take. Which one are you?

Of the many components that go into the decision making process of a successful forex trader, finding a trading strategy that works for you is one of the most important parts. But even if you have a winning forex trading strategy, it is in your best interest to determine what your currency trading style is. Forex traders come in four basic varieties: The Day Traders, The Swing Traders and Position Traders, with the majority of traders falling into the middle category.

1. The Day Trader
Let's begin with what seems to be the most appealing of the three designations, the day trader. A day trader will, for a lack of a better definition, trade for the day. These are market participants that will usually avoid holding anything after the session close and will trade in a high-volume fashion.

On a typical day, this short-term trader will generally aim for a quick turnover rate on one or more trades, anywhere from 10- to 100-times the normal transaction size. This is in order to capture more profit from a rather small swing. As a result, traders who work in proprietary shops in this fashion will tend to use shorter time-frame charts, using one-, five-, or 15-minute periods. In addition, day traders tend to rely more on technical trading patterns and volatile pairs to make their profits. Although a long-term fundamental bias can be helpful, these professionals are looking for opportunities in the short term.

2. Swing Trader
Taking advantage of a longer time frame, the swing trader will sometimes hold positions for a couple of hours - maybe even days or longer - in order to call a turn in the market. Unlike a day trader, the swing trader is looking to profit from an entry into the market, hoping the change in direction will help his or her position. In this respect, timing is more important in a swing trader's strategy compared to a day trader. However, both traders share the same preference for technical over fundamental analysis. A savvy swing trade will likely take place in a more liquid currency pair like the British pound/U.S. dollar.

Notice: how a swing trader would be able to capitalize on the double bottom that followed a precipitous drop in the GBP/USD currency pair. The entry would be placed on a test of support, helping the swing trader to capitalize on a shift in directional trend, netting a two-day profit of massive pips.

3. The Position Trader
Usually the longest time frame of the three, the position trader differs mainly in his or her perspective of the market. Instead of monitoring short-term market movements like the day and swing style, these traders tend to look at a longer term plan. Position strategies span days, weeks, months or even years. As a result, traders will look at technical formations but will more than likely adhere strictly to longer term fundamental models and opportunities. These FX portfolio managers will analyze and consider economic models, governmental decisions and interest rates to make trading decisions. The wide array of considerations will place the position trade in any of the major currencies that are considered liquid. This includes many of the G7 currencies as well as the emerging market favorites.

Additional Considerations
With three different categories of traders, there are also several different factors within these categories that contribute to success. Just knowing the time frame isn't enough. Every trader needs to understand some basic considerations that affect traders on an individual level.

Leverage
Widely considered a double-edged sword, leverage is a day trader's best friend. With the relatively small fluctuations that the currency market offers, a trader without leverage is like a fisherman without a fishing pole. In other words, without the proper tools, a professional is left unable to capitalize on a given opportunity. As a result, a day trader will always consider how much leverage or risk he or she is willing to take on before transacting in any trade. Similarly, a swing trader may also think about his or her risk parameters. Although their positions are sometimes meant for longer term fluctuations, in some situations, the swing trader will have to feel some pain before making any gain on a position.

Different Currency Pairs
In addition to leverage, currency pair volatility should also be considered. It's one thing to know how much you may potentially lose per trade, but it's just as important to know how fast your trade can lose. As a result, different time frames will call for different currency pairs. Knowing that the British pound/Japanese yen currency cross sometimes fluctuates 100 pips in an hour may be a great challenge for day traders, but it may not make sense for the swing trader who is trying to take advantage of a change in market direction. For this reason alone, swing traders will want to follow more widely recognized G7 major pairs as they tend to be more liquid than emerging market and cross currencies.

News Releases
Finally, traders in all three categories must always be aware of both unscheduled and scheduled news releases and how they affect the market. Whether these releases are economic announcements, central bank press conferences or the occasional surprise rate decision, traders in all three categories will have individual adjustments to make.

Which Time Frame Is Right?
Which time frame is right really depends on the trader. Do you thrive in volatile currency pairs? Or do you have other commitments and prefer the sheltered, long-term profitability of a position trade? Fortunately, you don't have to be pigeon-holed into one category. Let's take a look at how different time frames can be combined to produce a profitable market position.

The Bottom Line
Time frames are extremely important to any trader. Whether you're a day, swing, or even position trader, time frames are always a critical consideration in an individual's strategy and its implementation. Given its considerations and precautions, the knowledge of time in trading and execution can help every novice trader head toward greatness.

Forex Trading Style


Thursday, 14 September 2017

Boost Social Media Traffic

Boost Social Media Traffic, Boost, Social, Media, Traffic, Internet, Marketing, Blog, Website, Blogs, Affiliate Links, Viral Hits, Focus

Boost Social Media Traffic


Get Free Web Traffic Fast And Now Via Social Media Websites


This internet marketing blog shows you how you can use social media to get traffic to your website, blogs and affiliate links and more. Boosting social media traffic is more important than ever before. Brands now focus on boosting social traffic and creating viral hits for spreading their word.
It is, therefore, critical to concentrate on driving the correct social visitors to your website through the development of effective social media strategies. Learn how to boost social media traffic in 2017.

Social websites (also known as social media or social networking sometimes), has become increasingly popular across the world. Research has shown that 1/3 of internet traffic is generated by social media or social networking like Facebook, Twitter, Instagram, YouTube, Pinterest, Tumblr and many more. So, using social media or networking could be the fastest way to get free web traffic.

FROM 0 TRAFFIC TO 1100 VISITORS PER DAY BY RUNNING JUST ONE CAMPAIGN

Social networking websites have multi millions of account holders. These include both individual and businesses account. Because of that, social media websites act as a very useful source to get free web traffic and customers. They are the best place for business, for people to meet and connect with each other.

First, you can post your website in social media websites. As most major search engines recognize the popularity of social websites, by posting your website like in the social websites, you can increase the ranking of your website in the search engines. Every backlink that you obtain from these social websites would contribute to your website's search engines rankings.

Second, you can advertise on the social media websites by signing up for a pay-per-click program. This is a cost effective marketing strategy as you stand a good chance to get traffic to your website. But when you do this, you must monitor the cost and conversion rate of the advertisement. Leaving it run by itself may bust whatever advertising budget that you have without generating sufficient income for you.

MAMMOTH WAYS TO BOOST SOCIAL MEDIA TRAFFIC

Third, you can increase the viewing rate of your website by participating in various groups, forums and discussion at the social media website. Leave your post or comments. Include your website links in the comments or post in these forums or discussion and invite the users to visit your websites. That would certainly help to get traffic to your website.

Fourth, with social networking websites, you would also have the chance to network with other top marketers of your niche market. You can offer them some service, share with them information and maybe work together with them in exchange of them putting a link back to your website. That way, you would be able to get free web traffic to your website.

A wise word for you is, you should install tracking mechanisms on your marketing campaign through social networking. That is to help you to make an accurate evaluation on which marketing strategy or technique works the best. From there, you need to revise fine tune and improve the strategy or technique to get greater free web traffic.


5 Powerful Ways to Increase Your Social Network Traffic


Here are some tips to maximise your exposure on such sites using tried and proven methods to drive targeted traffic to your website:

1. There are literally 100s of different social sites online so submit to as many as is physically possible. You can quickly do a search on Google for the most used and highest traffic ranking 'Social Networking sites'.

NEW FACEBOOK SOFTWARE IS TAKING NEWBIES FROM $0 TO $250,649.35 IN LESS THAN 30 DAYS

2. If it's within your budget, I highly encourage you to purchase a web script or software utility to put this process on auto-pilot. I use a Wordpress script called Auto Social Poster that will automatically submit each blog post I publish to around 30 Social networking sites - including all the most visited ones.

3. The Social sites usually link from your article title back to your site PLUS they put your link on pages on their site - determined by whichever keyword phrases you use when submitting. Ensure that you use popular search terms in your tags and article title. Hint: Choose three to four word(long-tail) keyword phrases to increase the likelihood of your Social Bookmark article ranking high on Google and the other top search engines.

4. Interact with other SB members. On either Technorati, Propeller, or Digg, I encourage you to take part in site functions, for instance commenting on member articles and adding friends. This will encourage them to do the same for you which will in turn raise your ranking and standing on the network in question.

BOOST YOUR EARNING WITH AMAZON'S AFFILIATE PROGRAM IS THE #1 OPPORTUNITY IN 2017

5. Link to your social bookmark pages. If possible add links to your Social bookmark account to as many other sites as possible. Some article submission directories disapprove of using affiliate sites or similar links in your resource box, but many will overlook this. So it's a good idea to add your Social Networking page link to your author bio box, if article submissions are a method you use in your daily marketing. Creating a link back to your SB articles and pages will give the URLs on these pages a great boost in search engine ranking and may even help you grab a much sought after top spot on Google or Yahoo.

The above are just a few methods you can employ to raise your chances significantly of getting loads of free web traffic from social networking sites. Apply them today to your marketing and watch your traffic and income soar.

Boost Social Media Traffic


Monday, 11 September 2017

How To Write Attractive Solo Ads

How To Write Attractive Solo Ads, How, To, Write, Attractive, Solo, Ads,  Internet, Marketing, Blog, Learn, Tips, Increase, Response, Rate

How To Write Attractive Solo Ads


Learn To Write Profit Pulling Solo Ads


Learn to write from this simple internet marketing blog, how to write attractive solo ads. Writing, solo ads may seem like an exact science, but there are some simple things you can do to increase your response rate.

Writing responsive solo ads may seem like an exact science, but there are some simple things you can do to increase your response rate. Here are some tips on how to write better solo ads.

Start with the subject line. Your subject must be compelling and exciting and entice the reader to open your ad, but you do not want to mislead the reader because if you do, it does not matter whether they need your product or not, they will not buy from you.

GET 2000+ CLICK/500+ OPTINS GUARANTEED!!!
IF YOU DO NOT MAKE ANY SALES THEN YOU GET A FREE SOLO AD!! 

There is a Spam email that I get a couple times a week with the subject line that reads: How to stop getting emails just like this one. Cute and a unique approach, but there is no way I would ever buy anything from a company that uses this type of sales approach. This would be like a doctor making you sick for free and then telling you he can cure you for $50.

Do Not use Re: or Fwd: in the subject line of your email. This is so overused on the Internet and it is very misleading and I personally detest anything that is misleading.

Make your subject as short as possible and as to the point as possible. If you are selling airplanes, you can use something like: Ready to take-off? or Full Throttle or Flaps set 30 degrees. These might not mean anything to you, but anyone who is interested in flying will instantly know this has something to do with flying and for that reason alone, they may open the email.

Put some thought into your subject line as this is the make or break part of your ad. If you can get people to open your email, then you have half the battle won. However, let me preface this with, if you can get the right person to open your email. The airplane sales person is not going to want to target kids, but he will want a pilot with the means to purchase an airplane, so targeting your ad is also critical, but this is another story and you simply target by doing research on where you are going to send your ad.

GET DOUBLE THE CLICKS ON ANY SOLO AD PURCHASED!
IF YOU DO NOT MAKE SALES THEN YOU GET A FREE SECOND SOLO AD!

Write your solo ad like you are writing to yourself. If you are selling a product that you have purchased, then tell the reader why you purchased or use the product. If you are trying to sell something you do not use, stop reading here and practice saying the following: Would you like fries with that burger! Now, I say this for fun, but the bottom line of selling anything online or offline is a transfer of belief. If you did not buy the product, why would anyone else.

As you write your copy, use strong and powerful words. Remember, people do not buy what they need as much as they will buy what they want. If your product or service can solve a problem for someone and you can express to the reader how your product or service will save them time, money, energy, headaches, high blood pressure, etc. then you have the rest of the battle won and you will get someone to your sales page.

Ads do not have to be long and boring, because people do not have the time or desire to read a long and boring ad. Short and to the punch is the approach you want to take.

My airplane will get you to your destination safer, faster, more economically, and the flight will be twice as comfortable as the nearest competitor and I can prove it to you.

The above sentence would be a good solo ad. It is short--very short and it tells a prospect all they really want to know about the airplane--actually it does not tell them everything about the airplane, but it hits all the hot buttons. Safety, speed, economics and comfort--these are the main issues when someone wants to fly an airplane. Find the main issues that your product or service solves and write around those issues.

Below are some power words that you can use in your ads. Refer back to these words as you write your ads and replace words in your ads with some of these power words and then compare your two ads and see which you prefer.

One final suggestion. Spell check your solo ad and then spell check it again and then read it several times and if possible, have someone else read it. Make sure you do not write "your" when you mean "you're" and that you have capitalized correctly.

Double Your Profit With Profit Pulling Solo Ads Words


Absolutely.. Amazing.. Approved.. Attractive.. Authentic.. Bargain.. Beautiful.. Better.. Big.. Colorful.. Colossal.. Complete.. Confidential.. Crammed.. Delivered.. Direct.. Discount.. Easily.. Endorsed.. Enormous.. Excellent.. Exciting.. Exclusive.. Expert.. Famous.. Fascinating.. Fortune.. Full.. Genuine.. Gift.. Gigantic.. Greatest.. Guaranteed.. Helpful.. Highest.. Huge.. Immediately.. Improved.. Informative.. Instructive.. Interesting.. Largest.. Latest.. Lavishly.. Liberal.. Lifetime.. Limited.. Lowest.. Magic.. Mammoth.. Miracle.. Noted.. Odd.. Outstanding.. Personalized.. Popular.. Powerful.. Practical.. Professional.. Profitable.. Profusely.. Proven.. Quality.. Quickly.. Rare.. Reduced.. Refundable.. Remarkable.. Reliable.. Revealing.. Revolutionary.. Scarce.. Secrets.. Security.. Selected.. Sensational.. Simplified.. Sizable.. Special.. Startling.. Strange.. Strong.. Sturdy.. Successful.. Superior.. Surprise.. Terrific.. Tested.. Tremendous.. Unconditional.. Unique.. Unlimited.. Unparalleled.. Unsurpassed.. Unusual.. Useful.. Valuable.. Wealth.. Weird.. Wonderful.


10 Ultimate Guide To Write Attractive Solo Ads


Here are some tips on how to write better solo ads.

1. Is it clear what makes your product or service different when a viewer clicks the link and is taken to your squeeze page or landing page? If you don't know your Unique Selling Proposition (USP, how do you expect your potential customer know?

EARN COMMISSIONS WITH HIGH CONVERTING SOLO ADS

2. Your sales copy needs to be friendly and written in a way that will appeal to your audience. You don't want to sound like a high-pressure sales person who is desperate to sell something.

3. If you have more than one item to sell, use a different internet marketing solo ad for each with different copy and squeeze page link. If you attempt to offer too much on one ad, it will confuse your audience and they will not commit to any of them.

4. The best internet marketing solo ads are easy to read with breaks in the copy. Leaving some white space helps the reader to more easily focus your message.

5. Within the copy on your solo ad and on your squeeze page, highlighted text will draw visual attention. But use it sparingly because excessive colours on a page can frustrate online readers.

6. The squeeze pages of internet marketing solo ads will sometimes show good reviews or recommendations for the product from happy buyers. These testimonials are a valuable messages that motivate prospects to become buyers.

7. You have highlighted your USP and now you can make the offer even more appealing with a package including several free items as part of a "Buy Now" deal. Limited time offers create a sense of urgency for the buyer to act.

8. The one thing that is often forgotten on internet marketing solo ads is to make it clear what you want your reader to do. If the purpose of your squeeze page is to get people to opt-in, then ask them to do that. If it is to make a sale, ask them to buy.

9. If your solo ad vendor is sending your ad to an unresponsive audience, you are wasting your money. Make sure that you buy from a reputable and verified email solo ad promotion service or individual.

NEVER PAY FOR JUNK CLICKS SOLO ADS AGAIN

10. Include a gracious and personal "Thank you" email with your order confirmation. It never hurts to show good manners and your appreciation to the customer for buying. After all, if they have bought from you once and liked it, they will statistically buy from you again.

How To Write Attractive Solo Ads


Thursday, 7 September 2017

Internet Video Marketing

Internet Video Marketing, Internet, Video, Marketing, Blog, Strategy, Business, Traffic, Content, Website, Marketer, Tips, How To, Increase

Internet Video Marketing


Effective Video Marketing Strategy


This internet marketing blog outline about how important is internet video marketing for your business content and absolutely needs to be part of your marketing strategy. It is interesting to note that more than 50% of all traffic today comes to a website through video marketing so let's look a little closer at exactly what video marketing is.

When you analyze the most effective strategies for marketing on the Internet today you come up with numerous possibilities. However it is interesting to note that almost 50% of all traffic today comes to a website through video marketing.

Let's look a little closer at exactly what video marketing is.

WONDERING HOW TO MAKE YOUR VIDEOS ROCK? READ THIS!

The most popular video sharing site in the world is YouTube. This is a great source of information and savvy Internet marketers have quickly realized that.

What you may not be aware of is how many people actually go to YouTube and search for specific information as opposed to using a search engine. Google understood that this was going to happen and that's the reason they purchased YouTube a few years ago.

Videos are uploaded at YouTube and other shared video sites similar to other types of marketing like blogging or article marketing. These can be uploaded directly from the producer of the video.

There are also submission services such as article video robot that will submit the video directly for you to other shared video sites. This makes it very easy to get your videos you have produced online.

Services just as Article Video Robot also do a good job of helping people who do not have experience in making videos. These types of companies allow you to upload articles and turn those into videos without any technical background. You don't even need a video camera to create the video.

The most important thing to realize is search engines are showing videos in their search results. When you combine the fact that people are also searching directly on video sharing sites you understand how important it is to be doing video marketing yourself.

Marketing effectively on the Internet is competitive regardless of how you do it. There's always skills that must be learned and then implemented to help you keep your business up to date with what's going on in the marketplace.

Video marketing is certainly no different. The bottom line is if you do not use videos to promote your products on the Internet you are going to lose market share to your competitors. Can you afford to do that?

LIST BUILDER: AN INCREDIBLY EASY METHOD THAT WORKS FOR ALL

This does not mean that you have to become a professional videographer.  As we mentioned there are services that make it very easy to help people create videos. That also makes it easy to get them submitted online where search engines and people can find them.

In the future you need to do as much video marketing as you possibly can. As we have explained this only makes sense because that is what your potential customers are looking for.


6 Tips for Successful Online Video Marketing


How To Increase Traffic To Your Business With Video Marketing


With the rapid development of technology in the 21st century, online video marketing has been on the rise. Several researches undertaken in video marketing have proved that marketing videos online really works...

With the rapid development of technology in the 21st century, online video marketing has been on the rise. Several researches undertaken in video marketing have proved that marketing videos online really works if used in the effective way. Online marketing is effective and attractive for many businesses because creating and posting the online videos is fairly cheap and they are also sustainable because they stay online for a long time. The following are easy online video marketing tips that will improve your online marketing strategy.

SOCIAL TRAFFIC MADE SIMPLE - EVEN KIDS CAN DO IT

Ensure Your Title Counts
Just like a title of blog post, online videos titles help drive traffic. A great title grabs the attention of the viewers and show up in the search engines when visitors are surfing for your topic.

Provide High Quality And Excellent Content  
You should take time to critically think about the targeted audience. You need to understand what the targeted market find valuable and what your online video can teach them. Online videos succeed not only because they are of great value to the viewers, but also because they demonstrate your skills and knowledge thus proving to them that your are an expert. It is also good to note that no matter the quality of your online video, it would succeed if it is too long. Therefore, keep your online video as short as possible.

Put The Website URL Address In The Video 
When editing your online video, it is advisable that you make the most use of various editing features. One of the simple features is the additional use of the text box in the video by displaying your website address which helps your website gain more exposure and bring more traffic.

Make Use Of Video's Branding Opportunities  
You should ensure that the logo of the company your promoting features more in some parts of the screen for branding purposes. This can be done for the full length or during key times in your online video. By doing this you set yourself apart from other videos and ensure that viewers remember your video plus the product or website you're promoting much better which will increase sales and traffic.

Ensure That You Show Your Online Video HTML Link 
By posting an online video, you have the opportunity to provide some descriptions of the online video to make the viewers understand it better. At all times, you should start by the link which you want to attract your viewers in order to benefit from this key opportunity. Put the online video URL as the first thing in the box and then the keywords used in the title and in the description.

HOW TO MASTER VIDEO CREATION WITHOUT BREAKING A SWEAT

Go Beyond Just Using YouTube 
Most of the online video marketers use YouTube to post their videos. However, you can go beyond the use of YouTube by embedding it on your website. This will help drive more traffic to your website and also the time that visitors spend on the website. By doing this, you are likely to grow your audience. It is also good to note that Google's algorithms consider the number of time your online video is watched because the numbers of views received add to the number views tally on the YouTube which will increase your video's popularity. This is also important for being ranked highly in Google search.

By following the above easy online video marketing tips you are likely to achieve your set goals in online marketing.

Internet Video Marketing


Monday, 4 September 2017

Trading Forex Using Chart Patterns

Trading Forex Using Chart Patterns, Trading, Forex, Using, Chart, Patterns, Learn, Trade, Blog, Technical, Analysis, Fundamental, Profits

Trading Forex Using Chart Patterns


Learn To Trade Forex Using Chart Patterns


This forex blog will outline the trading forex using chart patterns. Technical analysis and fundamental analysis used by professional forex traders to land huge profits in forex trading. This forex blog provides insight into the two major methods of analysis used to forecast the behavior of the forex market.

Technical analysis and fundamental analysis differ greatly, but both can be useful forecasting tools for the forex trader. They have the same goal - to predict a price or movement. The technician studies the effects, while the fundamentalist studies the cause of the forex market movements. Successful Forex Traders combine both approaches for the best results.

WHY IS VOLATILITY A TRADER'S BEST FRIEND

Note: If both fundamental analysis and technical analysis point to the same direction, your chances for profitable trading are much better.

So let us begin with the technical analysis:

Technical and Fundamental Analysis differ significantly, but both are extremely useful forecasting tools for forex trading. They have the same goal - to predict a price or movement. The technician studies the result, while the fundamentalist studies the why of the forex market movements. Many successful traders combine a mixture of both approaches for the best results.

Technical analysis is a method of predicting price movements and future market trends by studying what has occurred in the past using charts (discussed in another article). Technical analysis is concerned with what has actually happened in the market, rather than what should happen, and takes into account the price of instruments and volume of trading, and creates charts from that data as a primary tool for forecasting forex trading movement. One major advantage of technical analysis is that experienced analysts can follow many markets and market instruments simultaneously.

Technical analysis is built on three essential principles

- Market actions discounts most everything: This means that the actual price is dictated by everything that is known to the market that could affect it. Some of these factors are fundamentals (inflation, interest rates, etc.), supply and demand, political factors (yes even the upcoming elections can be a factor) and market sentiment. But, the pure technical analysis is only concerned with price movements, not with the reasons for any change. - Prices move in trends: Technical analysis is used to identify patterns of market behavior that have long been recognized as significant. For most patterns, and trends there is a high probability that they will produce the results that were expected.

There are also recognized patterns that repeat themselves on a consistent basis. - History repeats itself: Forex chart patterns have been recognized and categorized for over 100 years, and the manner in which many patterns are repeated leads to the conclusion that human psychology changes little over time. Since patterns have worked well in the past, it is assumed that they will continue to work well into the future.

Disadvantages of technical analysis

- Some critic claim that the Dow approach ("prices are not random") is quite weak, since today's prices do not necessarily project future prices; - The critics claim that signals about the changing of trends appear too late, often after the change had already taken place.

Therefore, traders who rely on technical analysis react too later, hence losing about 1/3 of the fluctuation; - Analysis made in short time intervals may be exposed to "noise", and may result in a misreading of market directions; - The use of most patterns has been widely publicized in the last several years.

Most successful traders know these patterns and often act on them slowly in concern. This creates a self-fulfilling prophecy, as waves of buying or selling are created in response to "bullish" or "bearish" patterns.

Advantages of Technical Analysis

- Technical analysis can be used to project movements of any asset available for trade in the capital market; - Technical analysis focuses on what is currently occurring in the forex market, as opposed to what has occurred, and is therefore valid at any price level at any time; - The technical approach concentrates on prices, which neutralizes external factors.

Pure technical analysis is based on objective tools (charts, tables) while disregarding emotions and other factors; - Signaling indicators sometimes point to the imminent end of a trend, maintain profit or minimize losses.

Various techniques and terms you will want to know

Many different techniques and indicators can be used to follow and predict trends in markets. The objective is to predict the major components of the trend: its direction, its level and the timing. Some of the most widely known include:

- Bollinger Bands - a range of price volatility named after John Bollinger, who invented them in the 1980s. They evolved from the concept of trading bands, and can be used to measure the relative height or depth of price.

A band is plotted two standards deviations away from a simple moving average. As standard deviation is measured of volatility, Bollinger Bands adjust themselves to market conditions. When the market becomes more volatile, the bands spread wider (move further away from the average), and during less volatile periods, the bands tighten (move closer to the average).

Bollinger Bands are one of the most popular technical analysis techniques used by traders. The closer the prices move to the upper band, the more overbought is the market, and the closer prices move to the lower band, the more oversold is the market.

WHY MOVING AVERAGES ARE POPULAR

The reason for using forex charts, what they are, different types of charts, how to properly use them, and what mistakes to avoid when using forex charts. Charts are a major tool in forex trading. There are many kinds of charts, each will help to visually analyze the forex market conditions, assess and create better forecasting, and identify forex market patterns and behavior.

Forex Charts are based on the forex market action involving price. Charts are a major tool in forex trading. There are many kinds of charts, each will help to visually analyze the forex market conditions, assess and create better forecasting, and identify forex market patterns and behavior.

Forex charts and spreads weigh heavily on the return on your trading strategy (this can have a huge affect on your profit or loss). As a trader, you are solely interested in buying low and selling high (like futures and commodities trading on Wall Street). Wider Forex charts and spreads means buying higher and having to sell lower.

A half-pip lower spread does not necessarily sound like much, but it can easily mean the difference between a profitable trade and one that loses money. The tighter the spread is the better things are going to be for you (Happy Days).

Nevertheless, tight Forex charts and spreads are only meaningful when they pair up with good execution of a well laid out trading strategy. A good example of this is, as you analyze your forex chart it shows a tight spread, but your trade shows it has filled, or mysteriously rejected.

When this occurs repeatedly, it means that your broker is showing tight Forex charts and spreads but is effectively delivering wider Forex charts and spreads. Rejected forex trades, delayed execution, slipping, and stop-hunting are strategies that some brokers use to get rid of the promise of tight Forex charts and spreads (so be on the look out for this type of activity and run fast if you notice it).

Both the technical and fundamental forex analyst uses Forex charts. The technical analyst analyzes the "micro" movements, trying to match the actual occurrence with known patterns. The fundamental analyst on the other hand tries to find correlation between the trend seen on the chart and "macro" events occurring parallel to that like (political and other events).

As you can imagine, reading and understanding forex charts can get confusing for the inexperienced trader. You can get most charts now online, as part of a subscription service, and they most often include frequent updates. Because technical analysis is such a popular method of forecasting and predicting movements in the forex market, there are many services available online.

If you would like to become more proficient in Forex chart techniques (and I highly recommend you do), joining a service that provides charts via the Internet, and assistance in reading and analyzing the chart information, this can be very helpful and profitable in the end.

So let us not talk a little about the different types of Forex Charts Line Charts The simplest form, based upon the closing rates (in each time unit), forming a homogeneous line. (Such charts, on the 5 minutes scale, will show a line connecting all the actual rates every 5 minutes).

This forex chart does not show what happened during the time unit selected by the viewer, only closing rates for such a time. Line Charts are the best simple way to chart for support and resistance levels.

Point and figure charts

Point and Figure Charts are charts based on price without time. Unlike most investment charts, point and figure charts do not present a linear representation of time. Instead, they show trends in price. A rising stack of Xs represents increases, and a declining stack of Os represents decreases.

This type of chart used to filter out non-significant price movements, and enable you (the trader) to determine critical support and resistance levels quickly.

Bar Chart

This chart shows three rates for each time unit selected: the high, the low, the closing (HLC). There are also bar charts including four rates (OHLC, which includes the opening rate for the period). This chart provides clearly visible information about trading prices range during the time period (per unit) selected (very valuable information).

Candlestick Chart

Kind of chart based on an ancient Japanese method. The chart represents prices at their opening, high, low, and closing rates, in a form of candles, for each time unit selected. The empty (transparent) candles show increase, while the dark (full) candles represent decrease.

The length of the body shows the range between opening and closing, while the whole candle (including top and bottom wicks) show the whole range of trading prices for the selected time unit. Pattern recognition is a field within the area of "machine learning".

Alternatively defined as the act of take in raw data and taking an action based on the category of that data. As such, it is a collection of methods for "supervised learning".

A complete pattern recognition system consist of a sensor that gathers the observations to be classified or described; a feature extraction mechanism that computes numeric or symbolic information from the observations; and a classification or description scheme that does the actual job of classifying or describing observations, relying on the extracted features.

TAKING ADVANTAGE OF TRADING INDICATORS

In general, the forex market uses the following patterns in candlestick forex charts:

Bullish Patterns - hammer, inverted hammer, engulfing, harami, harami cross, doji star, piercing line, morning star, morning doji star.

Bearish Patterns - shooting star, hanging man, engulfing, harami, harami cross, doji star, dark cloud cover, evening star, evening doji.

Chart Patterns Table

Note: Keep in mind these are just general and not all-inclusive as the forex market is huge and are so with the charts and techniques.

Let us now look at the top error made where forex charts are concerned and why you should stay away from them.

1. Predicting with Forex Charts

A common mistake made by inexperienced forex traders (and some more seasoned),is thinking they need to predict to get profitable results - but of course this is simply hoping or guessing and is destined to see you lose. If you use charts the correct way, you will trade using the price changes and trends, you will not need to predict.

There is a big industry in forex trading that says prices move to a scientific theory and you know what will happen next - but of course, if prices did move to science, we would all know the price in advance and there would be no market.

Do not set yourself up and believe the prediction nonsense - make all your trades using reality of price change i.e. if a price comes to support, don't predict support will hold, wait for it to move the other way and trade based on the fact it has held.

Another great way to trade is to trade now breakouts to new highs or lows - it is a proven fact that most big moves start from these breakouts, so you should make breakouts a consistent part of your forex trading strategy.

Nevertheless, there are fewer and fewer traders today who do not rely to a very large degree on charting for their trading decisions.

Trading Forex Using Chart Patterns


Friday, 1 September 2017

Trading Forex With Moving Average Indicator

Trading Forex With Moving Average Indicator, Trading, Forex, With, Moving, Average, Indicator, Blog, Traders, Career, Amateur, Professional

Trading Forex With Moving Average Indicator


Are Moving Average Simple To Trading Forex


Take advantages of this simple forex blog about trading forex with moving average indicator. Moving averages are used by amateur and professional traders alike for very rewarding results. Finding moving averages that work for you might be a difficult task, but after finding the “perfect pair,” moving averages provide huge results with little work.  Master the identification and use of moving averages and anticipate a long career in trading.

FOREX TRAINING - WHAT MAKES A GOOD FOREX STRATEGY

What is Moving averages
Moving averages smooth the price data to form a trend following indicator. They do not predict price direction, but rather define the current direction with a lag. ... The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA).

Why are moving averages useful
Moving averages (MA) are one of the most popular and often-used technical indicators. The moving average is easy to calculate and, once plotted on a chart, is a powerful visual trend-spotting tool. ... The best place to start is by understanding the most basic: the simple moving average (SMA).

How moving average is calculated?
The simplest form of a moving average, appropriately known as a simple moving average (SMA), is calculated by taking the arithmetic mean of a given set of values. For example, to calculate a basic 10-day moving average you would add up the closing prices from the past 10 days and then divide the result by 10.

Moving averages can make up a whole strategy
Many profitable traders have built proven strategies around a few moving averages. Whether in an uptrend or downtrend, moving averages are a great way to identify the major trend while placing positions that are set for the highest profits.

Moving averages can be used in a variety of ways.  Many professional traders use moving averages to smooth out a price over the long term to ascertain a reasonable price, while others use a combination of averages to find when the market is entering a reversal.  Regardless of the technique, moving averages provide for great profits when combined with other day trading strategies.

SIMPLE FOREX TRADING STRATEGY REVEALS EXACTLY WHEN TO BUY AND WHEN TO SELL FOR GREAT RESULTS

Moving averages are some of the easiest technical indicators to use because they are the easiest to understand and can be used in practically any market type: uptrend, downtrend or sideways trend.  Moving averages are simply a mathematical calculation of the average market price over the X amount of days preceding the current bar.  Essentially, the calculation is just a “running average” of the price for comparison to the current price or other average prices for the long term.

Many different ways to use moving averages
Traders have adopted many creative techniques for use with moving averages. They can be used as a trendline, showing both support and resistance, or to show just a basic average price.  Moving averages are also used by some professional traders as a cross to show when the market is ready for and uptrend or downtrend after a long time in a sideways trend.

Finding a cross pair of moving averages can be difficult, but not impossible.  A trader first needs to find two moving averages that move together to show the high and low points of a chart. Good moving averages, when crossed, will alternate between buy and sell signals.  Finding a good pair usually includes using a moving average between 2 and 20, coupled with another moving average between 21 and 100.  Profitable traders utilize a moving average cross between a small number and a much greater number to show short term reversals against the long term trend.


Types of Moving Averages


There are several types of moving averages available to meet differing market analysis needs. The most commonly used by traders include the following:

Simple Moving Average


Weighted Moving Average


Exponential Moving Average


SIMPLE MOVING AVERAGE (SMA)
  • A simple moving average is the most basic type of moving average. It is calculated by taking a series of prices (or reporting periods), adding these prices together and then dividing the total by the number of data points.
  • This formula determines the average of the prices and is calculated in a manner to adjust (or "move") in response to the most recent data used to calculate the average.
  • For example, if you include only the most recent 15 exchange rates in the average calculation, the oldest rate is automatically dropped each time a new price becomes available.
  • In effect, the average "moves" as each new price is included in the calculation and ensures that the average is based only on the last 15 prices.
WEIGHTED MOVING AVERAGE (WMA)
  • A weighted moving average is calculated in the same manner as a simple moving average, but uses values that are linearly weighted to ensure that the most recent rates have a greater impact on the average.
  • This means that the oldest rate included in the calculation receives a weighting of 1; the next oldest value receives a weighting of 2; and the next oldest value receives a weighting of 3, all the way up to the most recent rate.
  • Some traders find this method more relevant for trend determination especially in a fast-moving market.
EXPONENTIAL MOVING AVERAGE (EMA)
  • An exponential moving average is similar to a simple moving average, but whereas a simple moving average removes the oldest prices as new prices become available, an exponential moving average calculates the average of all historical ranges, starting at the point you specify.
  • For instance, when you add a new exponential moving average overlay to a price chart, you assign the number of reporting periods to include in the calculation. Let's assume you specify for the last 10 prices to be included.
  • This first calculation will be exactly the same as a simple moving average also based on 10 reporting periods, but when the next price becomes available, the new calculation will retain the original 10 prices, plus the new price, to arrive at the average.
  • This means there are now 11 reporting periods in the exponential moving average calculation while the simple moving average will always be based on just the most recent 10 rates.

DECIDING ON WHICH MOVING AVERAGE TO USE
  • To determine which moving average is best for you, you must first understand your needs.
  • If your main objective is to reduce the noise of consistently fluctuating prices in order to determine an overall market direction, then a simple moving average of the last 21 or so rates may provide the level of detail you require.
  • If you want your moving average to place more emphasis on the latest rates, a weighted average is more appropriate.
  • Keep in mind however, that because weighted moving averages are affected more by the latest prices, the shape of the average line could be distorted potentially resulting in the generation of false signals.
  • When working with weighted moving averages, you must be prepared for a greater degree of volatility.
All traders should use moving averages
Whatever the application, moving averages deserve a spot on a trading platform.  Many traders have luck using trendlines as a way to show long term trends, while others use them as a way to find reversals and key resistance.  Either way, moving averages really are simple to use both for amateurs and professional traders alike.

Trading Forex With Moving Average Indicator


Tuesday, 29 August 2017

One Forex Trading Strategy

One Forex Trading Strategy, One, Forex, Trading, Strategy, Blog, Tips, How, To, Stick, One, Learn, Money, Management, Money, Profit, FX

One Forex Trading Strategy


How To Stick To One Forex Trading Strategy


Learn from forex blog, how to stick to one forex trading strategy, Before you plunge into one of the most liquid, unpredictable and profitable forex markets in the world, there are some things that you should know about before putting your money in the hands of a brokerage. When money is involved, there are a lot of things you should consider, and these are the key to developing one Forex trading strategy, for you to start making a profit.  For instance, there is a great deal of money management that must be put in place before you run off with a lot of hope in your pocket. Hope is not going to pay the bills. Your money is and you need to know when and how much of your money you are going to use.

Always set yourself some realistic targets and limits to ensure that you do not spend too much money. Also, do not fall prey to the gambling endemic that is afflicting many Forex traders - this means they simply cannot stop trading no matter how much they loose and they often make irrational decisions in order to ‘win’ back the money that they have lost.

FOREX MONEY

Set yourself some parameters and stick to them, you will regret the fact that you account has run dry and you start to owe the brokerage a sum of money. Also, always have some risk capital on hand so that when things do go wrong, you will be able to bail yourself out. The total sum of your investment and risk capital should be an amount that you are able to afford.

Nobody should go into trading with their life savings in tow. The capital you put into the commodities market should be capital you can spend and if you do lose, will not have an adverse affect on your life style. That said, Forex trading is all about watching market patterns and market psychology. Unlike normal and traditional commodities trading, many people would say that the Forex market falls into a pattern when it comes to either a crisis or an upheaval within currencies. Issues like inflation, political violence and economic decisions can adversely affect the performance of the currency pair you have chosen. But there is always a pattern and this pattern is the structure of many trading strategies of experienced investors.

For example, you must learn that there are many ‘safe’ currencies in the market that investors flock to when there is wind of a calamity in global economies. This is just one aspect.

Market psychology is ruled by major decisions my collective moves in the market. Because of the fact that huge multi continental banks are the biggest driving forces within the FX market, they have pre planned moves when situations come up. Your job as an investor is to read the signs and react accordingly.

The good thing about Forex is that is a very liquid market, so you can pull out any time you want - or on the flip side can invest in a click of a mouse. With these in mind when investing, you will have the key to developing the best Forex trading strategy.


3 Key Tips To Developing One Forex Trading Strategy


3 Tips You Should Follow

Having troubles following the same trading strategy? We provide you with 3 essential tips on how to stick to one Forex Trading strategy.

After conducting a lot of research my own, I believe that one of the ways to success in Forex trading is to stick with one simple trading strategy. Most traders don’t follow such practice, while they keep on changing their strategies very often.

How to stick to one Forex Trading strategy

A few believe that the capability to stick to one Forex trading strategy is something that simply happens by itself. However, I believe it takes some time and effort to master one trading strategy. Today, we will discuss how to stay focused on one Forex trading strategy.

1. Fix The Target In Your Mind

As obvious as it might sound, it is necessary to fix your mind about your target. Firstly, choose what you want to become- the Forex full-time trader or a part-time trader?

Furthermore, you need to write down your PRECISE goals and the reason WHY you want to achieve them. This will serve as a great source of the motivation for you. However, it is very important to be as precise as possible, when formulating your goals. For instance, if you just write that you want to make more money, this is not concrete.

But for example, if your goal is to manage your money so you can travel to Paris with your significant other, this might help you to stick to your trading strategy. This works because your mind is more motivated in order to get closer to the goal.

FOREX PIP: HOW TO MAXIMIZE PIPS AND MINIMIZE LOSSES

2. Ignore The Unnecessary Info

I believe that you need to limit the information that enters your mind. This implies that you don’t need to try and be best at everything – choose something that interests you. However, I am not calling for you to close yourself from the information completely. It is very important to choose 3 – 4 topics that you like and become great at them.

In order to master one trading strategy in Forex, you need to focus your attention on it. If you see some information on the internet about this, proceed and read it. In oppose to that, if you see some controversial topic, I suggest skipping it.

One more point here: usually, newcomers in Forex try and read about everything at once, while searching for something like “how to trade Forex successfully”. I believe that the key here is to be more specific, as it will bring you real results.

Furthermore, you will need to really be patient and spend a lot of time mastering your trading execution. I recommend making it a habit to learn something news every day about the topic you are trying to master.

3. Understand How Your Forex Trading Strategy Works

Very often, we tend to switch to a new strategy when things are not really going as we planned it. We notice that our trading strategy is not really bringing the results we were expecting. However, is it really things going bad or is this a usual drawdown for our strategy?

Most of the time, it is the second option. I suggest testing the current strategy at a different point in time. It might show you the very similar drawdown. Do you think you are able to stick to one Forex trading strategy?

I REALLY USE STRATEGY THAT HAS PROVED SUCCESSFUL REGARDLESS OF WHETHER THE MARKET IS MOVING UP OR DOWN

One Forex Trading Strategy


Friday, 25 August 2017

How To Spot Forex Trend Easily

How To Spot Forex Trend Easily, How, To, Spot, Forex, Trend, Easily, Blog, Learn, Currency, Pairs, Make, Money, Leverage, People, Indicators

How To Spot Forex Trend Easily


How To Spot The Trend Easily In Currency Trading


Learn from this forex blog, how to spot forex trend easily. You may have heard of this frequently in some forex trading tutorials or forex blogs, 'Trend is your best friend'. So there is really nothing to be afraid of trends in forex trading. In fact, one should leverage the power of the trend to make money in currency trading.

Although many people is aware that they have to trade with the trend, but surprisingly for some reason, a lot of people may have problem of spotting a real trend. It may be true that different people has different views on whether the currency pair is trendy or not. But the bottom line is, if you can't spot a trend in forex trading, there is nothing else much simpler that you can do. 

The first step that anyone attempts to trade the forex will be identifying the trend, wait for a good entry point into the existing trend and then hope to ride the trend as long as possible. So they will try to figure out whether its a down trend or up trend by looking at their arsenal of forex indicators. Are you doing the same too? If you are, that is the mistake that most people make! You should train your eyes to judge instead of using those moving averages to be able to know where the trend is.

5 TIPS TO HELP IMPROVE YOUR FOREX TRADING 

So how do you do it? It's not as difficult as you think it is...yes, it's simple! What you have to do is to pull out a chart of the currency pair that you would like to trade. First look at the chart and try not to look for very long, the first impression will always be the more accurate one. If price is going upwards from the bottom and if the past 3 to 5 candlesticks are bullish, then it's obviously an up trend. Vice versa for a down trend.

If you are a short term trader, you should look at longer time frame charts to have an idea on what the main trend is before looking for forex trading signals in shorter time frame. For example, if you are trading using the 1 hourly time frame, you should also be looking at the 4 hour and daily charts to see what is the trend of the longer term. This will definitely filter off some whipsaws. Another example, if you are scalping the 5 minutes chart, what should you do, you will be looking at the 15 minutes and 1 hourly chart to read the trend.

Knowing where the trend is going always put you in the driving seat. So start training your eyes from now on to look at whether the charts are trendy or not. You can be sure that you will consistently make profits when you follow the trend with a forex trading system.

What is trend following trading in forex?

Forex trend following is an investment strategy based on the technical analysis of market prices, rather than on the fundamental strengths of the companies. In financial markets, traders and investors using a trend following strategy believe that prices tend to move upwards or downwards over time.

Learn trade these trend following trading in forex tips on this page and I guarantee you that you will be a better trend trader.


10 Trend Following Trading Tips 


Tip #1. Identify Support And Resistance Levels
This is a no brainer. Identifying support and resistance levels is one of the first things you learn in technical analysis. It is the most important aspect of chart reading. But, how many traders really pay attention to it? Not many. Most are too busy looking at Stochastics, MACD, and other nonsense.

Some traders think that a support or resistance level is a specific price. Wrong.

8 FOREX TRADING SUCCESS RULES TO PROFIT BY

Tip #2. Analyze Swing Points
Swing points (some call them "pivot points") are those areas on a chart where important short term reversals take place. But not all swing points are created equal. If fact, your decision to buy a pullback will depend upon the prior swing point. 

Tip #3. Look For Wide Range Candles
Wide range candles mark important changes in sentiment on every chart - in every time frame. They mark important turning points and can often be used to identify reversals. 

Tip #4. Narrow Range Candles Lead To Explosive Moves
Narrow range candles can also tell you that a reversal is imminent. This low volatility environment can lead to explosive moves.

Tip #5. Find Rejected Price Levels
On candlestick charts, lower or upper shadows on candles usually means that there is a hammer candlestick pattern or a shooting star candlestick pattern (if the shadow is long enough). Regardless of the name, these shadows mean one thing: A price level has been rejected.

hammer candlestick pattern
Imagine what this hammer candle looked like during the day (before it became a hammer). It was really bearish! But, at some point during the day, the bulls rejected the lower price level. I can imagine the bulls saying, "Hey wait a just a second. You bears have taken this too far. This stock is worth much more than the price that you moved it to." And the buying begins.

Tip #6. Learn The 50% Rule
How can you tell if a candle is significant? Easy. Look to see how far it has moved into the prior days range. If it moves at least 50% into the prior days range, then it is significant. And, it is especially significant if it closes at least 50% into the prior days range. This usually shows up on the market chart as a piercing candlestick pattern or an engulfing candlestick pattern.

This concept is so powerful that I am suspicious of buying any pullback unless it moves at least 50% into the prior days range.

HOW TO TRIPLE YOUR FOREX TRADING PROFITS

Tip #7. The Gap And Trap Price Pattern
All gaps are important "tells" on any chart. But, there is one type of gap that is especially important when analyzing price action (and pinpointing reversals). This is called a gap and trap. This is a market that gaps down at the open but then closes the day above the opening price. It is easier to see this on a chart...

Tip #8. Measure The Depth Of A Swing
How far does a stock move into the prior swing? More than halfway or less? The answer to these questions are important because it can determine the future direction of the market. 

Tip #9. Consecutive Up Days And Consecutive Down Days
Forex market will reverse direction after consecutive up days or down days. So, it pays to keep this in mind when you are looking to buy or short in maret. 

Tip #10. Location Of Price In A Trend
You have heard the saying, "The trend is your friend." I say, "The beginning of a trend is your friend!" That is because some of the best moves occur at the very beginning of a trend.

So, there you have it. These trend following trading tips and tricks will make you money in the market market.

You can use this information to make your own trading strategies and systems. Best of all, once you master this art, you will never have to rely on technical indicators again to make trading decisions.

How To Spot Forex Trend Easily


Tuesday, 22 August 2017

Profit Your Forex Trading More Consistently

Profit In Your Trading More Consistently, Profit, In, Your, Trading, More, Consistently, Forex, Blog, Strategy, Retail, Traders,  Strategies

Profit Your Forex Trading More Consistently


Profit In Your Trading More Consistently


Learn from forex blog how to win profit your forex trading more consistently, adopting just a few simple forex trading strategy to fit the trader's personality, trading schedule, profit and risk ... the way the pros do in simple steps.

The majority of retail traders struggle to find out how to be consistently profitable in Forex. Let's break down the steps you need to take in order to help you profit.

First of all, a trader has to figure out how to be profitable, which usually comes down to creating or adjusting their trading strategies to fit the trader's personality, trading schedule, profit and risk appetites.

This isn't particularly difficult since almost every popular strategy you can find online is, to some extent, profitable in the long run.

That being said, any strategy should be historically back tested before use and its average effectiveness should be measured. You must also be aware that historic performance is not an accurate representation of future performance and therefore does not guarantee future success.

Secondly, a trader must develop a certain mentality to be able to follow his strategy consistently. This second part will be the prevailing topic of this forex blog, because failing to understand it is the very reason so many quit Forex after losing their funds.


The Way The Pros Do in 3 Simple Steps


Executing trades consistently is the key to profitable trading.  These 3 simple steps are those that professional traders utilize, and you can do the same to take your trading to the next level.  These actions will also address many of the trading psychology issues that you've been struggling against.

Are you finding that your trading results are not as consistent as you'd like?  Are you wanting to reliably repeat when you have winners?  Of course!

Goal #1 in trading is profiting.
Goal #2 is then consistent profits.
Goal #3 is steadily increasing  profits.

Your bottom line results are primarily the result of what YOU do, more so than what the markets do.  There are traders making money every day, so blaming the markets is simply an excuse.  If you want consistent profits, then be more consistent in what you do in your trading.

First thing to realize is that trading is a repeated activity.  That's why having a good trading strategy is so important.  When it comes to making improvements in a process, and particularly when your objective is achieve greater consistency, the three steps below are ones you can take to dramatically improve your consistency.

Step 1.  Clearly detail and write down your trading strategy.  One of the biggest mistakes that many traders make, particularly regarding consistency is that they don't have their strategy well-defined and written down. When you have an activity that isn't documented, there will probably be inconsistencies in how things are done.

The reason the military is so big on following procedure:  they insist that things be done in a standard, reliable and predictable manner.  The same is true for your trading.

Step 2.  Analyze your trading system's critical factors.  A smart person once stated that for you to improve anything, you have to start with first measuring it.  In what other way are you to know if you're actually improving?  Your trading strategy has several measurable aspects that make the bottom line what it is, in addition to the all-important your account balance at the end of the month.Most every business has certain aspects that determine the profitability of the business.

Smart managers know to track those aspects and assign measurables to them.  It is critical to do this because by measuring each of them, it becomes very clear specifically where your opportunities for improving your system are.

Step 3.  Make improvements through meticulous actions.  Once you have an analysis of your strategy, you now have the ability to focus on those particular aspects of your strategy to make improvements.  By having a method for this analysis, you can make changes to the strategy and test - with zero risk - either through back-testing or in a demo account and determine the true impact on the system's performance - in the specific area you seek.

As an example, let's say you run the metrics on your strategy and find that your winning percentage is currently 37%.  You've got an idea on how to improve it to 75%, which you "think" would increase your overall returns.  Next would be to run the analysis on the st with the change on real market data.  By looking at the results, you can see if this change accomplished it objective, but also if adversely affected other aspects of your strategy performance, such as a lower profit-to-loss ratio.

You then can make a educated decision on whether you should stick with your current system or go with the modification.

Summary.  Trading is a process from which you want consistent - and reliable - results.  Spotting, entering and executing trades is an activity that you repeat on a regular basis, so if consistent profits is your desire, then focus on making what you do consistent.

Step 1 is to make sure that you have clearly defined and written down your strategy.  By clarifying your strategy and then documenting it, you improve your likelihood to repeat what you do consistently.

Step 2 is to measure your strategy to establish where you are now versus where you want to be.  This also let's you see your opportunities for improvement.

Step 3 is to track these measurables and take steps in a meticulous manner and keeping your risk very controlled. There are a handful of metrics in your trading business that have substantial impact on your profits.  By measuring your system's performance and purposefully focusing on these metrics, you give yourself the quickest way to increase your profits, this will provide a major boost to your ability to consistently produce profits.

Profit Your Forex Trading More Consistently


Wednesday, 16 August 2017

Build Your List Fast That Ever

Build Your List Fast That Ever, Build, Your, List, Fast, That, Ever, Viral, Marketing, Campaigns, E-books, Learn, Internet, Marketing, Blog

Build Your List Fast That Ever


Viral Marketing: Start Viral Marketing Campaigns Using E-books


Learn to build your list fast that ever from this simple internet marketing blog.  To be able to fully tap into the potential of building list in a social networking website you must first understand what it is and how powerful it is. A lot of people are now referring to social web sites. They are internet based communities of people with the same interests and ideologies. Such web sites have so many followers that today; web 2.0 might be the fastest way of getting any kind of news to reach the highest number of internet users. Yes, more powerful than news reporting web sites. Imagine how much influence on the people opinions and desires such a web site has! Social networking websites can have as many as twenty million visitors at any given time of the day and on any day. You cannot even begin to fathom how much even a fraction of such a web sites following can change the traffic coming to your site.

BUILD YOUR eBOOK AND LIST FAST THAT EVER - WATCH DEMO

Viral Marketing sounds like something bad but it is actually something very good. It is, also, a powerful way to generate traffic to your website.

Viral Marketing sounds like something bad but it is actually something very good. It is also a powerful way to generate traffic to your website.

Think about how a virus spreads from on person to another. One person gets sick and just by sneezing they can give the virus to many more people… those people get sick and share their germs with everyone they know and the next thing anybody knows is that there is an epidemic. That is the very concept of viral marketing. The idea is to get everyone to spread your marketing message around because they want to.

Now let’s look at using an E-book to start your viral marketing campaign. First you create an E-book a really good one that has links to your website, to your sales page and affiliate links to products and services that you recommend… and you give it to three people. In the book you encourage those three people to give it to their friends and family.

GET 2000+ CLICKS/500+ OPTINS GUARANTEED!!!
IF YOU DON'T MAKE ANY SALES THEN YOU GET A FREE SOLO AD!!

Before you know it the E-book is spreading across the Internet like wild fire. Digital information duplicates easily and quickly so before you know it, thousands of people could be reading your free E-book.

Make certain that you let people know that they have permission to forward the E-book around the Internet. When you create the E-book, you have the right to give people certain rights. One of those rights could be that you allow them to give the book to other people. Make it clear that this book is free to give away.


5 Deadly Viral Ebook Marketing Mistakes


Creating a viral ebook marketing campaign can be one of the easiest and most effective ways to promote your product or website.

READY TO MAKE SERIOUS MONEY

Before you begin writing your viral ebook, you need to know the 5 most common mistakes that can cost you time and potential income.

1) Never Link Directly to Content You Do Not Control
You should always use redirect links placed on your own server instead of direct links to affiliate programs.

You never know when the program you are promoting will change the way its affiliate links work or go out of
business. Using redirect links allows you to quickly replace the affiliate links with the new version or redirect to a similar product.

I can not stress enough how important this step is to you. Once you launch your viral ebook, you can not get it back to make changes to it. Using redirect links will prevent dead links and lost profit.

2) Avoid Using Dated Information By Providing Too Specific Details.

Do not talk about free trials or time specific discounts.The affiliate program you are promoting my not always be offering the trials or discounts. You will anger your readers if they can not get the bargains you promised.

HOW TO USE LANDING PAGES TO GENERATE FREE TRAFFIC

3) Never Include Information You Do Not Want All Over The World.
Because of the viral nature of your ebook, it will eventually spread to every corner of the world. If you include personal information like your home phone or your cell phone number, you may be unpleasantly awakened at all hours of the night. It is best to provide only an email address or autoresponder for the initial contact.

4) Do Not Brand The Ebook Yourself
Putting yourself in the position of having to manually brand and send each copy of the ebook is a sure way to
turn your campaign into NIGHTMARE.

You may be thinking, "What's the BIG DEAL?"

Let imagine for a moment that your ebook starts out slowly and only 10 people request a branded version the first week. It takes you about 6 minutes per ebook to brand it and send it to the user. You have just given up an hour of your life.

The solution is to give your carriers the ability and instructions to rebrand the ebooks themselves. This will
take you out of the loop and allow your virus to grow exponentially unattended.

VIRAL MARKETING - DEAD SIMPLE WAY TO GENERATE TRAFFIC

5) Do Not Forget To Launch A New Window For External Links
When linking to any information not found directly in your ebook article submission, you should always open a new window. Many sales processes use javascript that could cause compatibly problems if viewed within your ebook.

It would be terrible if a viewer where ready to buy a product based on your recommendation but was unable to because you failed to include this simple step.

Avoiding these 5 simple viral ebook marketing mistakes will greatly increase the profitability of your campaign while avoiding the pitfalls.

Build Your List Fast That Ever


Monday, 14 August 2017

Prevent And Minimize Loss When Trading Forex

Prevent And Minimize Loss When Trading Forex, Prevent, And, Minimize, Loss, When, Trading, Forex, Learn, Blog, Invest, Money, Market, How

Prevent And Minimize Loss When Trading Forex


How To Prevent And Minimize Loss When Trading Forex


Learn from this forex blog about prevent and minimize loss when trading forex. One of the most popular ways to invest your money in market trading at present is through foreign exchange or forex trading. A lot of people have been enticed by different news and stories about how other people have been able to create a financial gain while trading within the best forex markets.

Along with the promise of being able to make a profit however, there is also the presence of the chance of losing. This is one thing that most people overlook when trading within the forex market. They try to aim high in making a good profit, they often forget to give attention in how to prevent and minimize loss.

GET THE RIGHT FOREX TRAINING TO TRADE WELL IN FOREX MARKET

Here are some things that you may want to give considerations on in order to minimize the risk of losing a lot from your investments. It would be wise to pay attention to minimizing losses as a part of your plan in earning a profit.

Firstly, you would want to pick the trades that you would participate in. Being able to participate in multiple trades in the forex market does not always equate to a greater profit. In fact, having a lot of trades in the market can also mean multiple risks in losing. It would be much wiser not to over trade and pick the trades that can allow you to earn with minimal risks of loss. Even if you are unable to participate within the market for a couple of days, it would be to your advantage to wait for the perfect opportunity rather than trading with so much with little security.


8 Tips How To Manage Risks In Forex Trading Like A Pro


Most beginners in the FOREX market go for fancy technical and analytical tools right from the start; however, they neglect a very crucial aspect, i.e. money or risk management.

It is fine to learn various trading tools and broaden your chances of success but it should not come at the cost of lack of money management strategy.

The fact of the matter is that every trader is likely to lose a lot of money unless he understands the basics of effective money and risk management. The article shall discuss eight of the most important points to always remember regarding the forex risk management.​

HOW IMPORTANT IS FOREX TRAINING WHEN DEVISING FOREX TRADING STRATEGIES

Accept That Chances Of Failure Are Always There:
We all fail in life. We even fail in things we know best. It is important to understand that success in FOREX does not mean not losing at all. Even the best of the trades can go wrong. This fact acts as the foundation of risk and money management strategy. It has implications at so many levels, for example, a trader is unlikely to invest a huge amount of money in a single trade if he is aware of the fact that things can go sour at any time.

Consider Yourself A “Risk Manager”:
Most traders consider their most important job in FOREX to be act as a money maker. In reality, however, your job should be that of a risk manager. It is usually a positive approach to focus on reward rather than risk in life. However, this is an extremely risky approach in FOREX. An absence of risk awareness, even for few minutes, can be damaging for your capital.

Follow The Position Sizing Rule:
No discussion on risk and money management can be completed without understanding the basics of position sizing. Position Sizing is among the most basic and fundamental rule and it should be understood and used by each and every investor. It implies that a trader must be aware of the maximum amount of capital that he is willing to invest in a particular trade (order volume). A trader is more exposed to the risk if he invests more capital for one single position.

Position sizing is important for every trader. It does not matter if you are a newbie with just a few hundred dollars in your account or you are a FOREX giant with few million dollars. Similarly, it does not matter whether you are trading a higher or smaller time frame chart.

TIP: Our useful Forex Pip and Position Size Calculators can be used when deciding what order volume should you place in accordance with your deposit and risk management.

​Greed Is A Curse:
Remember that good old saying “Greed is a Curse”. This is perhaps the most perfect advice for new FOREX traders. Experienced traders are aware about the market and they are less likely to make lame mistakes.

On the other hand, however, newbies are usually passionate about making a fortune in lesser time. You must not forget that no one gets rich overnight.
​Any story you might have heard is either false or a pure stroke of luck. Getting greedy means risking a very big portion of your capital and it is not recommended by any FOREX professional trader.

Understand Hedging And Correlation Techniques:
Detailed discussion of hedging techniques is outside the scope of this article. However, it is strongly recommended to learn some hedging techniques as soon as you enter the world of FOREX. Hedging protects your capital for getting to much exposed to potential risk. Some of the popular hedging techniques include diversification of portfolio and buying currency options.

Regarding correlation - when two currency pairs are closely correlated it means that these currency pairs will move exactly the same or exactly opposite way most of the time. If you will buy the two currency pairs that move most of the time in the same way, it simply means that you are doubling your risks or potential profits. So in general, it is good to know how various currencies correlate to each other - to avoid these situations of doubling risks. When exploring correlation between various currency pairs, can be used.

KEY SECRET TO SUCCESSFUL FOREX TRADING - MONEY MANAGEMENT

​6) Always Use Stop-Loss:
A considerable loss can be avoided by setting a Stop-Loss with your broker. Basically, it is an advance order placed with a broker which allows broker to sell any security as soon as the price reaches a certain level.

For example, you have set your Stop-Loss at 2% per trade (this can mean for example 20 pips depending on your order volume / stop-loss needed based on current market volatility). This means that if the price of currency falls by 20 pips from the price where you bought, your broker will sell it. It will save you from incurring further loss if the price continues to fall.

Remember that closing a loss is just another opportunity to open a profitable trade for a better price. However, if you will not close the loss, then there will be no more opportunity to open another trade.

Don’t Overuse Your Leverage:
Leverage allows you to take a FOREX position for a much greater amount than your deposited capital. This is obviously a great way to multiply your profit. However, it comes with severe risk. It is common for new traders to get carried away by over-leveraging their trading account simply by opening too big orders. It is crucial for long term success to understand the true purpose of leverage and respect it by not overusing it. Moderate leverage in general is a good thing, but it has to be used very wisely.

Know When To Get Out:
Another common mistake beginning traders make is they either get out too early from a trade and fail to realize all the potential profit or they wait too long to neutralize the extra profit. As a new trader, you are not expected to learn this trait from the day one as it comes with practice and experience. However, be sure to always learn from your experience and get ready as soon as you can.

If you want to trade successfully within the forex market, it would be best to trade logically. Some people would trade on hunches, following trade news or tips. If you are trading in such a way, then you are not trading but rather gambling. That is not the way to learn forex trading. It would be much safer and profitable to trade with a complete and reliable trading method. This can allow you to plan out when and how you can trade to earn.

Prevent And Minimize Loss When Trading Forex