TRADING INFORMATION
The foreign exchange market is by far the largest financial market in the world with an average daily turnover of over 3 trillion dollars! Sounds astronomical? It is, but also makes sense, since the Forex market is comprised of any exchange of one currency for another. It may surprise you that although the Forex market has a lot to offer, many people are hesitant about taking part in it. As simple as forex trading might sound, the big picture is usually obscured with complicated application illegible graphs, endless tables and incomprehensible jargon. With all this clutter, no wonder the world’s foreign exchange sounds well foreign. Introducing our Experts in Forex Trading, Brokers, information step by step, learning all about this market will be easy.
What is forex Trading?
IN ORDER TO START FOREX TRADING AND OLSO MAKE MONEY YOU MUST RESPECT THIS STEPS
Attention – Before Start Forex Trading!!!
Forex Trading is a risky business and you must learn and test a forex strategy only in demo accounts till you are 100% shore that you are capable to start trading on this unpredictable market. Another ting is that only 10 % of the real traders are also winners. Trading forex market without appropriate education is on your risk. To be a successful trader in forex you must flow this steps in your education.
1 Technical
-Forex candlestick patterns
-Forex formation ( trends, reversal trends formation, continue trends formation etc…)
-Trading indicators (MCAD, RSI , Stoch. Moving average simple and exponential, Fibonacci retracement and extension )
2 Fundamental
Learn about the most important economic indicators.
-When they are published.
-How they influence forex trading
3.Understand the psychology
4. Develop your strategy and also test it on demo account before start trading and bee 100% shore that rely works.
Now you can start forex trading with real money
WEBSITE SUMMARY
1. EDUCATION
In order to start trading on this unpredictable market you must also start learning about it. First, I have to tell you this is the money machine for people with experience on this market because only 10% of the forex traders are winners.
This is the place to start forex trading.
2. NEWS, DAILY ANALYSIS
Trading News and Daily Forex Strategy
Like all the traders our team makes analysis of the market every day in order to predict profitable movements in forex market.
In order to earn 30 pips every day from our signals you must enter on forex news. You will see all the market information that you need to make profitable trades and make money on this market.
3. FX LIVE TV – BUSINESS TELEVISON
This market have also some TV Channels that provide information from the best and successful traders around the world. We want to provide you the latest news around the globe in a dynamic fashion.
- Bloomberg Television
- Fx TV.com
- Fx WORLD NEWS AND ANALYSIS (youtube.com)
- COMMODITIES (youtube.com)
4. FX BROKERS
WHAT IS A FOREX BROKER ?
All the forex traders use a Broker in order to trade on this market. This forex Broker is a company that give you the opportunity to use more money than you have to trade. (For example if you have 100 USD and the broker have a leverage of 1:100, you can make trades with 10.000 USD. This is what you call leverage.) The trading is made online 24 hours 5 days on a week and the broker provide a trading platform for their clients. We put on our website some brokers with low deposits for the beginners and with their platforms on-site. When you choose a broker, you need to look at the following guidelines:
- Must be a professional company that is well-trusted
- They must have real-time quotes
- Low commissions
- Execute fast and accurately your orders
- Support withdraw
–Deposit methods
5. RESEARCH
All forex traders use for these study tools to determinate the trends in order to fix the profit taking levels and stop loss levels. In making a thorough evaluation, they also use economic calendar based on events (NFP, unemployment rate… ) that affect the monetary system in order to earn money from movements. Big events make movements some times till 300 pips or more than that.
- LEONARDO FIBONACCI CALCULATOR
- PIVOT POINT CALCULATOR
- DAILY FX NEWS ECONOMIC CALENDAR
6. SIGNALS
A Forex Signal provides information when to open or close profitable trades and fix risk levels in order to obtain profits and protect your account. This forex signals are sent via sms or email. -We tried all the signals posted on our web site on real money account.
7. EXPERT ADVISOR
A Forex Robot or Expert Advisor is a program designed by professionals traders in order to make money without watching the market all the time. This trading robot place trade under certain parameters (strategies) avoiding fear, greed, lack of confidence and inconsistency. All the Forex Robots have a plan and always sticks to the plan no matter how ugly and unpredictable the market looks without greed and he will run 24 hours 5 days on week.
-We tried all the forex Robots that are posted on our web site on real money account
Financial Directory – Banks, Bonds, Commodities & Futures
Description: Financial6.com contains resources and information related to financing business, investment banking, insurances, bonds, mutual funds, stock market, forex, commodities futures, stock exchange.
