Strategi ForexUsing pivot points as a trading strategy has been around for a long time and was originally used by floor traders. This was a nice simple way for floor traders to have some idea of where the market was heading during the course of the day with only a few simple calculations.
The pivot point is the level at which the market direction changes for the day. Using some simple arithmetic and the previous days high, low and close, a series of points are derived. These points can be critical support and resistance levels.
The pivot level and levels calculated from that are collectively known as pivot levels.
Every day the market you are following has an open, high, low and a close for the day (some markets like forex are 24 hours but generally use 5pm EST as the open and close). This information basically contains all the data you need to calculate the pivot levels.
The reason pivot points are so popular is that they are predictive as opposed to lagging. You use the information of the previous day to calculate potential turning points for the day you are about to trade (present day).
Because so many traders follow pivot points you will often find that the market reacts at these levels. This give you an opportunity to trade.
If you would rather work the pivot points out by yourself, the formula I use is below:
Resistance 3 = High + 2*(Pivot - Low)
Resistance 2 = Pivot + (R1 - S1)
Resistance 1 = 2 * Pivot - Low
Pivot Point = ( High + Close + Low )/3
Support 1 = 2 * Pivot - High
Support 2 = Pivot - (R1 - S1)
Support 3 = Low - 2*(High - Pivot)
As you can see from the above formula, just by having the previous days high, low and close you eventually finish up with 7 points, 3 resistance levels, 3 support levels and the actual pivot point.
If the market opens above the pivot point then the bias for the day is for long trades as long as price remains above the pivot point. If the market opens below the pivot point then the bias for the day is for short trades as long as the market remains below the pivot point.
The three most important pivot points are R1, S1 and the actual pivot point.
The general idea behind trading pivot points is to look for a reversal or break of R1 or S1. By the time the market reaches R2,R3 or S2,S3 the market will already be overbought or oversold and these levels should be used for exits rather than entries.
A perfect set up would be for the market to open above the pivot level and then stall slightly at R1 then go on to R2. You would enter on a break of R1 with a target of R2 and if the market was really strong close half at R2 and target R3 with the remainder of your position.
Unfortunately life is not that simple and we have to deal with each trading day the best way we can. I have picked a day at random from last week and what follows are some ideas on how you could have traded that day using pivot points.
On the 12th August 04 the Euro/Dollar (EUR/USD) had the following:
High - 1.2297
Low - 1.2213
Close - 1.2249
This gave us:
Resistance 3 = 1.2377
Resistance 2 = 1.2337
Resistance 1 = 1.2293
Pivot Point = 1.2253
Support 1 = 1.2209
Support 2 = 1.2169
Support 3 = 1.2125
Have a look at the 5 minute chart below
The green line is the pivot point. The blue lines are resistance levels R1,R2 and R3. The red lines are support levels S1,S2 and S3.
There are loads of ways to trade this day using pivot points but I shall walk you through a few of them and discuss why some are good in certain situations and why some are bad.
The Breakout Trade
At the beginning of the day we were below the pivot point, so our bias is for short trades. A channel formed so you would be looking for a break out of the channel, preferably to the downside. In this type of trade you would have your sell entry order just below the lower channel line with a stop order just above the upper channel line and a target of S1. The problem on this day was that, S1 was very close to the breakout level and there was just not enough meat in the trade (13 pips). This cab be a good entry technique for you. Just because it was not suitable this day, does not mean it will not be suitable the next day.
The Pullback Trade
This is one of my favorite set ups. The market passes through S1 and then pulls back. An entry order is placed below support, which in this case was the most recent low before the pullback. A stop is then placed above the pullback (the most recent high - peak) and a target set for S2. The problem again, on this day was that the target of S2 was to close, and the market never took out the previous support, which tells us that the market sentiment is beginning to change.
Advanced
As I mentioned earlier, there are lots of ways to trade with pivot points. A more advanced method is to use the cross of two moving averages as a confirmation of a breakout. You can even use combinations of indicators to help you make a decision. It might be the cross of two averages and also MACD must be in buy mode.
In the example below the market passed through S1 and then retraced to the S1 line again. It then formed a channel. At around this time we had a cross of the averages, MACD signaled buy and there was a breakout of the channel line. This gave a great signal to go long with a target of the original pivot line.
Mess around with a few of your favorite indicators to help determine an entry around a pivot level but remember the signal is a break of a level and the indicators are just confirmation.
We haven’t even got into patterns around pivot levels or failures but that is not the point of this lesson. I just want to introduce another possible way for you to trade.
Good Trading
Mark McRae posted by morning star at 7:37 PM
Saturday, May 19, 2007
Strategi Forex
Strategi ForexUsing pivot points as a trading strategy has been around for a long time and was originally used by floor traders. This was a nice simple way for floor traders to have some idea of where the market was heading during the course of the day with only a few simple calculations.
The pivot point is the level at which the market direction changes for the day. Using some simple arithmetic and the previous days high, low and close, a series of points are derived. These points can be critical support and resistance levels.
The pivot level and levels calculated from that are collectively known as pivot levels.
Every day the market you are following has an open, high, low and a close for the day (some markets like forex are 24 hours but generally use 5pm EST as the open and close). This information basically contains all the data you need to calculate the pivot levels.
The reason pivot points are so popular is that they are predictive as opposed to lagging. You use the information of the previous day to calculate potential turning points for the day you are about to trade (present day).
Because so many traders follow pivot points you will often find that the market reacts at these levels. This give you an opportunity to trade.
If you would rather work the pivot points out by yourself, the formula I use is below:
Resistance 3 = High + 2*(Pivot - Low)
Resistance 2 = Pivot + (R1 - S1)
Resistance 1 = 2 * Pivot - Low
Pivot Point = ( High + Close + Low )/3
Support 1 = 2 * Pivot - High
Support 2 = Pivot - (R1 - S1)
Support 3 = Low - 2*(High - Pivot)
As you can see from the above formula, just by having the previous days high, low and close you eventually finish up with 7 points, 3 resistance levels, 3 support levels and the actual pivot point.
If the market opens above the pivot point then the bias for the day is for long trades as long as price remains above the pivot point. If the market opens below the pivot point then the bias for the day is for short trades as long as the market remains below the pivot point.
The three most important pivot points are R1, S1 and the actual pivot point.
The general idea behind trading pivot points is to look for a reversal or break of R1 or S1. By the time the market reaches R2,R3 or S2,S3 the market will already be overbought or oversold and these levels should be used for exits rather than entries.
A perfect set up would be for the market to open above the pivot level and then stall slightly at R1 then go on to R2. You would enter on a break of R1 with a target of R2 and if the market was really strong close half at R2 and target R3 with the remainder of your position.
Unfortunately life is not that simple and we have to deal with each trading day the best way we can. I have picked a day at random from last week and what follows are some ideas on how you could have traded that day using pivot points.
On the 12th August 04 the Euro/Dollar (EUR/USD) had the following:
High - 1.2297
Low - 1.2213
Close - 1.2249
This gave us:
Resistance 3 = 1.2377
Resistance 2 = 1.2337
Resistance 1 = 1.2293
Pivot Point = 1.2253
Support 1 = 1.2209
Support 2 = 1.2169
Support 3 = 1.2125
Have a look at the 5 minute chart below
The green line is the pivot point. The blue lines are resistance levels R1,R2 and R3. The red lines are support levels S1,S2 and S3.
There are loads of ways to trade this day using pivot points but I shall walk you through a few of them and discuss why some are good in certain situations and why some are bad.
The Breakout Trade
At the beginning of the day we were below the pivot point, so our bias is for short trades. A channel formed so you would be looking for a break out of the channel, preferably to the downside. In this type of trade you would have your sell entry order just below the lower channel line with a stop order just above the upper channel line and a target of S1. The problem on this day was that, S1 was very close to the breakout level and there was just not enough meat in the trade (13 pips). This cab be a good entry technique for you. Just because it was not suitable this day, does not mean it will not be suitable the next day.
The Pullback Trade
This is one of my favorite set ups. The market passes through S1 and then pulls back. An entry order is placed below support, which in this case was the most recent low before the pullback. A stop is then placed above the pullback (the most recent high - peak) and a target set for S2. The problem again, on this day was that the target of S2 was to close, and the market never took out the previous support, which tells us that the market sentiment is beginning to change.
Advanced
As I mentioned earlier, there are lots of ways to trade with pivot points. A more advanced method is to use the cross of two moving averages as a confirmation of a breakout. You can even use combinations of indicators to help you make a decision. It might be the cross of two averages and also MACD must be in buy mode.
In the example below the market passed through S1 and then retraced to the S1 line again. It then formed a channel. At around this time we had a cross of the averages, MACD signaled buy and there was a breakout of the channel line. This gave a great signal to go long with a target of the original pivot line.
Mess around with a few of your favorite indicators to help determine an entry around a pivot level but remember the signal is a break of a level and the indicators are just confirmation.
We haven’t even got into patterns around pivot levels or failures but that is not the point of this lesson. I just want to introduce another possible way for you to trade.
Good Trading
Mark McRae posted by morning star at 7:37 PM
The pivot point is the level at which the market direction changes for the day. Using some simple arithmetic and the previous days high, low and close, a series of points are derived. These points can be critical support and resistance levels.
The pivot level and levels calculated from that are collectively known as pivot levels.
Every day the market you are following has an open, high, low and a close for the day (some markets like forex are 24 hours but generally use 5pm EST as the open and close). This information basically contains all the data you need to calculate the pivot levels.
The reason pivot points are so popular is that they are predictive as opposed to lagging. You use the information of the previous day to calculate potential turning points for the day you are about to trade (present day).
Because so many traders follow pivot points you will often find that the market reacts at these levels. This give you an opportunity to trade.
If you would rather work the pivot points out by yourself, the formula I use is below:
Resistance 3 = High + 2*(Pivot - Low)
Resistance 2 = Pivot + (R1 - S1)
Resistance 1 = 2 * Pivot - Low
Pivot Point = ( High + Close + Low )/3
Support 1 = 2 * Pivot - High
Support 2 = Pivot - (R1 - S1)
Support 3 = Low - 2*(High - Pivot)
As you can see from the above formula, just by having the previous days high, low and close you eventually finish up with 7 points, 3 resistance levels, 3 support levels and the actual pivot point.
If the market opens above the pivot point then the bias for the day is for long trades as long as price remains above the pivot point. If the market opens below the pivot point then the bias for the day is for short trades as long as the market remains below the pivot point.
The three most important pivot points are R1, S1 and the actual pivot point.
The general idea behind trading pivot points is to look for a reversal or break of R1 or S1. By the time the market reaches R2,R3 or S2,S3 the market will already be overbought or oversold and these levels should be used for exits rather than entries.
A perfect set up would be for the market to open above the pivot level and then stall slightly at R1 then go on to R2. You would enter on a break of R1 with a target of R2 and if the market was really strong close half at R2 and target R3 with the remainder of your position.
Unfortunately life is not that simple and we have to deal with each trading day the best way we can. I have picked a day at random from last week and what follows are some ideas on how you could have traded that day using pivot points.
On the 12th August 04 the Euro/Dollar (EUR/USD) had the following:
High - 1.2297
Low - 1.2213
Close - 1.2249
This gave us:
Resistance 3 = 1.2377
Resistance 2 = 1.2337
Resistance 1 = 1.2293
Pivot Point = 1.2253
Support 1 = 1.2209
Support 2 = 1.2169
Support 3 = 1.2125
Have a look at the 5 minute chart below
The green line is the pivot point. The blue lines are resistance levels R1,R2 and R3. The red lines are support levels S1,S2 and S3.
There are loads of ways to trade this day using pivot points but I shall walk you through a few of them and discuss why some are good in certain situations and why some are bad.
The Breakout Trade
At the beginning of the day we were below the pivot point, so our bias is for short trades. A channel formed so you would be looking for a break out of the channel, preferably to the downside. In this type of trade you would have your sell entry order just below the lower channel line with a stop order just above the upper channel line and a target of S1. The problem on this day was that, S1 was very close to the breakout level and there was just not enough meat in the trade (13 pips). This cab be a good entry technique for you. Just because it was not suitable this day, does not mean it will not be suitable the next day.
The Pullback Trade
This is one of my favorite set ups. The market passes through S1 and then pulls back. An entry order is placed below support, which in this case was the most recent low before the pullback. A stop is then placed above the pullback (the most recent high - peak) and a target set for S2. The problem again, on this day was that the target of S2 was to close, and the market never took out the previous support, which tells us that the market sentiment is beginning to change.
Advanced
As I mentioned earlier, there are lots of ways to trade with pivot points. A more advanced method is to use the cross of two moving averages as a confirmation of a breakout. You can even use combinations of indicators to help you make a decision. It might be the cross of two averages and also MACD must be in buy mode.
In the example below the market passed through S1 and then retraced to the S1 line again. It then formed a channel. At around this time we had a cross of the averages, MACD signaled buy and there was a breakout of the channel line. This gave a great signal to go long with a target of the original pivot line.
Mess around with a few of your favorite indicators to help determine an entry around a pivot level but remember the signal is a break of a level and the indicators are just confirmation.
We haven’t even got into patterns around pivot levels or failures but that is not the point of this lesson. I just want to introduce another possible way for you to trade.
Good Trading
Mark McRae posted by morning star at 7:37 PM
they occur at relatively overbought/oversold levels
Add indicator Macd: settings
Moving Average Convergence/Divergence is the next trend-following dynamic indicator. It indicates the
correlation between two price moving averages.
The Moving Average Convergence/Divergence Technical Indicator is the difference between a 26-period
and 12-period Exponential Moving Average (EMA). In order to clearly show buy/sell opportunities, a socalled
signal line (9-period indicators` moving average) is plotted on the MACD chart.The MACD proves most effective in wide-swinging trading markets. There are three popular ways to use
the Moving Average Convergence/Divergence: crossovers, overbought/oversold conditions, and
divergences.
CrossoversThe basic MACD trading rule is to sell when the MACD falls below its signal line. Similarly, a buy signal
occurs when the Moving Average Convergence/Divergence rises above its signal line. It is also popular to
buy/sell when the MACD goes above/below zero.
Overbought/oversold conditions
The MACD is also useful as an overbought/oversold indicator. When the shorter moving average pulls
away dramatically from the longer moving average (i.e., the MACD rises), it is likely that the security price
is overextending and will soon return to more realistic levels.
Divergence
An indication that an end to the current trend may be near occurs when the MACD diverges from the
security. A bullish divergence occurs when the Moving Average Convergence/Divergence indicator is
making new highs while prices fail to reach new highs. A bearish divergence occurs when the MACD is
making new lows while prices fail to reach new lows. Both of these divergences are most significant when
they occur at relatively overbought/oversold levels.
1) Add indicator Macd: settings - 12-26-9
2) Add Parabolic SAR: settings -accelerate 0.020 - maximum 2.0
3) Add Bollinger Bands: setting - MA Type simple period 20 multiple 2.0
4) Add 2 Exponential moving average one is period 5 line colour green the other is period 20 line
colour red
5) Aroon: settings – Period 20
6) Zoom in on chart also to make it east to read 125% on marketiva
Moving Average Convergence/Divergence is the next trend-following dynamic indicator. It indicates the
correlation between two price moving averages.
The Moving Average Convergence/Divergence Technical Indicator is the difference between a 26-period
and 12-period Exponential Moving Average (EMA). In order to clearly show buy/sell opportunities, a socalled
signal line (9-period indicators` moving average) is plotted on the MACD chart.The MACD proves most effective in wide-swinging trading markets. There are three popular ways to use
the Moving Average Convergence/Divergence: crossovers, overbought/oversold conditions, and
divergences.
CrossoversThe basic MACD trading rule is to sell when the MACD falls below its signal line. Similarly, a buy signal
occurs when the Moving Average Convergence/Divergence rises above its signal line. It is also popular to
buy/sell when the MACD goes above/below zero.
Overbought/oversold conditions
The MACD is also useful as an overbought/oversold indicator. When the shorter moving average pulls
away dramatically from the longer moving average (i.e., the MACD rises), it is likely that the security price
is overextending and will soon return to more realistic levels.
Divergence
An indication that an end to the current trend may be near occurs when the MACD diverges from the
security. A bullish divergence occurs when the Moving Average Convergence/Divergence indicator is
making new highs while prices fail to reach new highs. A bearish divergence occurs when the MACD is
making new lows while prices fail to reach new lows. Both of these divergences are most significant when
they occur at relatively overbought/oversold levels.
1) Add indicator Macd: settings - 12-26-9
2) Add Parabolic SAR: settings -accelerate 0.020 - maximum 2.0
3) Add Bollinger Bands: setting - MA Type simple period 20 multiple 2.0
4) Add 2 Exponential moving average one is period 5 line colour green the other is period 20 line
colour red
5) Aroon: settings – Period 20
6) Zoom in on chart also to make it east to read 125% on marketiva
Tuesday, May 15, 2007
Sunday, May 13, 2007
FREE DOWNLOAD FOREX SOFTWARE
1. MetaTrader 4
Best client Forex online trading and tools.
Os support: Win98,WinNT, Win2000, winxp
2. Streamster
Marketiva client software.
Os support: Win98,WinNT, Win2000, winxp.
Open a New Marketiva Account, IDENTIFICATION,Download Streamster
MARKETIVA RIGISTER GUIDE
1. Open Account Marketiva Free : OPEN MARKETIVA
2. Upload your photo and Ktp/id card for Identification: IDENTIFICATION
3. Download Streamster Software client, install to your computer.
4. Run Streamter, Login with your username and password.
5. If any questions chatt with Live Support Marketiva.
1. Open Account Marketiva Free : OPEN MARKETIVA
2. Upload your photo and Ktp/id card for Identification: IDENTIFICATION
3. Download Streamster Software client, install to your computer.
4. Run Streamter, Login with your username and password.
5. If any questions chatt with Live Support Marketiva.
Posisi dan Order, Market Order, Stop Order,Limit Order
Posisi dan Order, Market Order, Stop Order,Limit Order
Orders and Positions
When you want to open a position you need to place an "entry" order. If and when the entry order executes, the position becomes "open" and starts its life on the market. At one point in time, you will place an "exit" order to "close" the position. A position can be "long" (entry order is to buy and exit order is to sell an instrument) or "short" (entry order is to sell and exit order is to buy an instrument).
1. Market Order
2. stop order
3. Limit Order
At the point when you place your entry order, you need to define price level at which you want to buy or sell certain instrument. You also need to specify type of the order and quantity of the instrument you want to trade. There are 3 order types:
Market Order
Placing a market order means that you will buy at your broker's current "ask" (or "offer") price, or sell at your broker's current "bid" price, whatever that price currently is. For example, suppose you are buying EUR/USD. The current market, as quoted by your broker is 1.2934 / 1.2938. This means that your broker is willing to buy EUR/USD from you at 1.2934, and sell it to you at 1.2938.
Stop Order
Initiating a trade with a stop order means that you will only open a position if the market moves in the direction you are anticipating. For example, if USD/JPY is currently 108.72 and you believe it will move higher, you could place a stop order to buy at 108.82. This means that the order will only be executed if the market moves up to 108.82. The advantage is that if you are wrong and the market moves straight down, you will not have bought (because 108.82 will never have been reached). The disadvantage is that 108.82 is clearly a less attractive rate at which to buy than 108.72. Opening a position with a stop order is usually appropriate if you wish to trade only with strong market momentum in a particular direction.
Limit Order
A limit order is an order to buy below the current price, or sell above the current price. For example, if EUR/USD is trading at 1.2952 / 56 and you believe the market will rise, you could place a limit order to buy at 1.2945. If executed, this will give you a long position in EUR/USD at 1.2945, which is 11 pips better than if you had just bought EUR/USD with a market order. The disadvantage of the limit order is that if EUR/USD moves straight up from 1.2952 / 56, your limit at 1.2945 will never be filled and you will miss out on the profit opportunity even though your view on the direction of EUR/USD was correct. Opening a position with a limit order is usually appropriate if you believe that the market will remain in a range before moving in your anticipated direction, allowing the order to be filled first.
For both entry and exits orders you can specify price levels at which you want them to be executed. You have to specify entry levels when you place you entry order, while most brokers would allow you to specify exit levels at any time.
'Streamer Tips'
Bonus $1 after upgrade Marketiva streamer
Surprised.. i got free bonus $1 dollar after upgrading the latest Marketiva streamer and free bonus $10000 for virtual trading account.
Account Performace ReportWednesday,
If you want to check your trading performance on marketiva streamer, after login go to account center, under account center you’ll see Portofolio tab, then click Account Performance.
This performance report you can analys your trading performance since join with Marketiva until now, both report show the Virtual Trading and Real Trading Report include average yearly
Online Line Support
If you need assistance for any questions about marketiva you dont need login on marketiva streamer, just click Live Support on top right, on the above pretty women head.
Signal Trading Strategy
Every trader have their own nice strategy, some only use indicators while others on dependent on forex signal. One of tools on Marketiva streamer give us the signal as “Compo Style”, this tool totally different with Forex Signal in general. Marketiva campo style is a forex trading signal generated by the Finamax team of foreign
Named Victora Secret - Forex Trick
I got some good article about little forex trick, its named Victoria Secret, one of article forex blog in Richie Forex Blog , wrote that Victoria Secret is a trick to take profit on top of bullish market. Some good pairs, to apply this trick are EUR/USD and GBP/USD. This trader said, after […]
Posted in Articles, Streamer Tips | No Comments »
Single or Mass Close Order
Tuesday, October 3rd, 2006
This is a simple tutorial, how you close trade position manually, for single close click tab Position, and then click one of Postion ID, small window will appear with 3 chooise, Change, Close and No Action. If you choose Change, it use to change position Stop Loss or Target Position, if Close your order
Zoom tool
Are you always use candlesticks to watch where the market moving ?. Few tips to change your chart to candlesticks mode, right click on chart Zoom > 100%. Why i choose 100%, i think with this zoom size, both Bearish Candle or Bullish Candle look different, bullish candle with white color while bearish black color.
this
Pending Order
Well, sometimes we got some signal from any forex forum, discussion board, gived by someone or you buy it. Here how to place order with marketiva streamer pending order,
First, new order form Marketiva by click Orders > New bottom panel. On order form enter pair instrument, buy/sell positon, price, duration type change to limit/stop, enter
New Glossy StreamerSaturday,
On saturday night, i was surprised, with new Marketiva streamer. When you still use
old version, it will automaticly update just for few seconds.
But nothing much change with this version, just the streamer panel look more dark glossy
Open Account Marketiva for US CitizenFriday,
For the first time I saw on Open Account Marketiva Form, which now accept United States citizen to create account on Marketiva. Since Marketiva launched at 2005 its restrict US people to open account Foreign Exchange Account.
More and more capital this time flow to the capitalism country…PEACE.
More wide chartTuesday,
When our desktop resolution are smaller than we want, so to make marketiva streamer look more wide, its simple. Just hold and drag of the top every panel (latest news, or forex rates , move it to the right. Walla.. now you get chart more wide that we want.
You also can do it for bottom
Moving Average
Most of forex trader using some indicator to help the analys the movement of chart. One of indicator you can use on marketiva streamer is “Moving Average”.
This indicator to know swings in prices and create a context in which to judge overall price trends.
First step, right click on chart Indicators > Moving Average
on left your
New Order Form MarketivaSunday,
On Picture above, after click new order tab you will see this form,
No1. is Instrument Pair form, select from EUR/USD, USD/JPY, GBP/USD.. and more
No2. is mount of quantity number that will be trade on, sample if you have $5 on live trading account you can add 500 quantity, if you have $100 you can add […]
Order tab MarketivaSunday, Here is some simple way to create new order on Marketiva Panel Streamer. On the top near Charting Tab, just move closer you can see Buy/Sell blue links, click it. Or on the bottom panel, click Order tab, then click New, new order window will show to create new Order for Short(Sell) or Long (Buy)
Surprised.. i got free bonus $1 dollar after upgrading the latest Marketiva streamer and free bonus $10000 for virtual trading account.
Account Performace ReportWednesday,
If you want to check your trading performance on marketiva streamer, after login go to account center, under account center you’ll see Portofolio tab, then click Account Performance.
This performance report you can analys your trading performance since join with Marketiva until now, both report show the Virtual Trading and Real Trading Report include average yearly
Online Line Support
If you need assistance for any questions about marketiva you dont need login on marketiva streamer, just click Live Support on top right, on the above pretty women head.
Signal Trading Strategy
Every trader have their own nice strategy, some only use indicators while others on dependent on forex signal. One of tools on Marketiva streamer give us the signal as “Compo Style”, this tool totally different with Forex Signal in general. Marketiva campo style is a forex trading signal generated by the Finamax team of foreign
Named Victora Secret - Forex Trick
I got some good article about little forex trick, its named Victoria Secret, one of article forex blog in Richie Forex Blog , wrote that Victoria Secret is a trick to take profit on top of bullish market. Some good pairs, to apply this trick are EUR/USD and GBP/USD. This trader said, after […]
Posted in Articles, Streamer Tips | No Comments »
Single or Mass Close Order
Tuesday, October 3rd, 2006
This is a simple tutorial, how you close trade position manually, for single close click tab Position, and then click one of Postion ID, small window will appear with 3 chooise, Change, Close and No Action. If you choose Change, it use to change position Stop Loss or Target Position, if Close your order
Zoom tool
Are you always use candlesticks to watch where the market moving ?. Few tips to change your chart to candlesticks mode, right click on chart Zoom > 100%. Why i choose 100%, i think with this zoom size, both Bearish Candle or Bullish Candle look different, bullish candle with white color while bearish black color.
this
Pending Order
Well, sometimes we got some signal from any forex forum, discussion board, gived by someone or you buy it. Here how to place order with marketiva streamer pending order,
First, new order form Marketiva by click Orders > New bottom panel. On order form enter pair instrument, buy/sell positon, price, duration type change to limit/stop, enter
New Glossy StreamerSaturday,
On saturday night, i was surprised, with new Marketiva streamer. When you still use
old version, it will automaticly update just for few seconds.
But nothing much change with this version, just the streamer panel look more dark glossy
Open Account Marketiva for US CitizenFriday,
For the first time I saw on Open Account Marketiva Form, which now accept United States citizen to create account on Marketiva. Since Marketiva launched at 2005 its restrict US people to open account Foreign Exchange Account.
More and more capital this time flow to the capitalism country…PEACE.
More wide chartTuesday,
When our desktop resolution are smaller than we want, so to make marketiva streamer look more wide, its simple. Just hold and drag of the top every panel (latest news, or forex rates , move it to the right. Walla.. now you get chart more wide that we want.
You also can do it for bottom
Moving Average
Most of forex trader using some indicator to help the analys the movement of chart. One of indicator you can use on marketiva streamer is “Moving Average”.
This indicator to know swings in prices and create a context in which to judge overall price trends.
First step, right click on chart Indicators > Moving Average
on left your
New Order Form MarketivaSunday,
On Picture above, after click new order tab you will see this form,
No1. is Instrument Pair form, select from EUR/USD, USD/JPY, GBP/USD.. and more
No2. is mount of quantity number that will be trade on, sample if you have $5 on live trading account you can add 500 quantity, if you have $100 you can add […]
Order tab MarketivaSunday, Here is some simple way to create new order on Marketiva Panel Streamer. On the top near Charting Tab, just move closer you can see Buy/Sell blue links, click it. Or on the bottom panel, click Order tab, then click New, new order window will show to create new Order for Short(Sell) or Long (Buy)
Saturday, May 12, 2007
Marketiva make and create money so easy and simple
Marketiva make and create money so easy and simple
You Need money and want to create money, it,s simply …. No cost to create money! It,s true! Just create your new account at Marketiva and start forex trading for live. You don't need to deposit funds in order to start trading. When you open your new account you get free $5 reward, which is real money and which is your money you can trade with immediately on the real market. You also get $10000 of virtual money you can trade on your Virtual Trading desk for training purpose. Create your own account at Marketiva and get free bonus $5.Marketiva is a market maker for instruments traded on the over-the-counter foreign exchange (forex) markets. Through Marketiva, you can buy or sell instruments like EUR/USD, GBP/JPY and others. Marketiva also provides services like discussion channels, latest forex news, trading signals and alerts, charting services and many more.With more than 180,000 serviced users, 110,000 unique and live trading accounts, and more than 2.3 million live orders executed each month, Marketiva is one of the most popular over-the-counter market makers in the world.
Marketiva provides spot forex on major currency pairs and crosses; $5 cash reward you can start trading right away; tight spreads from 3 pips; trading on 1% margin; virtual and live desks within one account; latest news, alerts on market events, signals, no market commissions; zero-interest on open positions, 24-hour support, chat channels, the most sophisticated and easy-to-use forex charting tool; ability to trade from the charts and the best forex trading software available!
Open your Marketiva Account Now! It is free!Get $5 cash reward you can start trading right away!
Free Forex Books, Forex Journal, Forex Trading Book
Free Forex Books, Forex Journal, Forex Trading Book
The most complete free Forex books, paid Forex Books, Forex Journal information on the web is located right here.
Avoiding Mistakes in Forex Trading
Published in Futures Magazine, among mistakes highlighted are don't read news but analyze it, don't trade surges and simple is better.
Foreign Exchange As The Trader's Alternative
Introducing and suggesting Forex trading as a diversification strategy for trader's portfolio.
Visit Forex Books Download @ Forex.com for more FREE Forex Books.
More Information Click Link Below:
Market Conventions
Market Conventions
Market conventions are rules and standards imposed by a governing body. In case of decentralized forex market these conventions might differ due to many national regulators (FSA, FSC, CFTC, NFA, BCSC, etc.). Since there is no central governing body that sets forex market rules and standards, we will reference only these that are universal.
Quoting Conventions
The first currency in the pair is referred to as the base currency, and the second currency is the counter or quote currency. The U.S Dollar is usually the base currency for quotes, and includes USD/JPY, USD/CHF, and USD/CAD. The exceptions are the Euro (EUR), Great Britain Pound (GBP), and Australian Dollar (AUD). As with all financial products, forex quotes include a "bid" and "ask", which is more often called "offer" in the forex market. The bid is the price at which a forex market maker is willing to buy (and you can sell) the base currency in exchange for the counter currency. The offer is the price at which a forex market maker will sell (and you can buy) the base currency in exchange for the counter currency. The difference between the bid and the offer price is referred to as the spread.
HYIP stands for High Yield Investment Program
HYIP stands for High Yield Investment Program. HYIPs are investment programs normally offered via the Internet. HYIPs are popular because they typically accept investments of $100 or less while offering high returns. The introduction of e-currencies such as e-gold and StormPay has made it easy for HYIPs to operate across international boundaries, and to accept large numbers of small investments.
Many HYIPs have turned out to be scams. Scam HYIPs use the ponzi scheme approach, in which new investors provide the cash to pay existing investors, to the extent that existing investors chose not to leave their money in a HYIP. This approach allows the scam to continue as long as new investors are found and/or old investors leave their money in the scheme.
The turnover in HYIPs is high. For example, one website that links potential investors to active HYIPs has a "blacklist" of more than 500 HYIPs that have gone out of business.
HYIPs are frequently advertised in spam emails, since people are typically given a commission (for example, 9% of invested funds) when they provide a referral of a new customer.
HYIPs typically are not based in the United States, Europe, or Japan - countries that have strong laws against unregistered investment programs. HYIPs disclose little or no detail about the principals, management, location, or other aspects of whom is getting the money to be invested, and relatively little information (other than asserting that they do various types of trading on various stock and other exchanges) on how their investment programs actually work.
Interest rates
HYIPs typically claim to offer interest rates of 1% or more per day on invested funds; many offer much higher daily rates. Such high interest rates raise the question: why would any business that can earn such profits, legitimately, bother to look for small investors? Such unusually high yields should tip off investors that there are serious risks involved.
Private Investment in Public Entity - PIPE Investments
Private investment in public entity (PIPE investments) take a sizable position in publicly traded companies whose valuations have dropped since they went public and now are seeking new sources of cash infusion.
Early stage companies must normally rely on internal or angel investors for their source of capital. Private investors and venture capitalists want deals with a longer investment period and companies with established business models that have recently discovered a new market.
Private investment in public entity investments:
• Apply lower and more realistic valuations to early stage companies
• Supply the funds that the public entity needs
• And use the public markets as the investment exit vehicle
IFOREX Forex Signals
Forex Online Trading
Speed Forex
The Speed Forex™ platform enables you to trade with small amounts as well. You can start using Speed Forex™ even with an amount as little as $25! No bank would ever offer you such an opportunity! When trading, you may deposit the sum that suits you, or fits the amount that you are willing to risk. Starting to trade with such small amounts is the best way to get acquainted with the Forex marketplace. After getting familiar with the system, you may increase your level and scope of activity, as you find fit.
Marketiva Switzerland
MARKETIVA FOREX TRADING Company give best chance for ordinary people to learn forex trading with simple step. Marketiva Chart, Forex Forum, Tutorial, Technical Analysis, Fundamental Analysis, Trading Platform, E-Book. Start Trading Forex Today With as Little as $1 Dollar. If you ever thought about Forex Trading you will never find a better place to learn than right here at Marketiva plus they pay you $5.00 real money just to open your account and another $10.000 virtual money to practice with. Marketiva are a Swiss company based in Lausanne. The company give 24 hour live support via their onboard chat room.
IFOREX Forex Signals
Iforex trade on the foreign exchange market since 1995 the four main trading currency pairs: EUR/USD, USD/JPY, GBP/USD and USD/CHF. We provide online forecasts and real time trading signals for entry and exit positions directly to our customers. Signals can be watched in real time online with sound alert, and be received by email, Yahoo, ICQ, MSN, AIM (AOL) Messenger, or SMS. See forecasts/signals examples, the current daily/evening forecasts, and weekly outlook.
ONLINE Investment Program
FX - Experts
You will have as your investment manager serious and responsible professionals. You will be part of the most serious and promissor online program that ever existed.
Speed Forex
Forex Online Trading
Speed Forex
Personal account management
Are there real people behind the phone (or the e-mail box)?
Do I speak with the same person, can I expect personal touch and assistance, online?
Speed Forex™ expert team members are available for you, at all times, anytime. Moreover, you have your own Account Service Manager working closely with you, and the dealing room services are offered to you by expert Forex dealers. You may speak with us over the phone, over e-mail, or visit your regional office and meet us in person. Yes, it's still the Internet, but we are real and we take it personally.
Live training, one-on-one help on first steps in online trading
Do you offer professional assisting?
Speed Forex™ offers background information for the Forex market, Guided-Tour, seminars, one-on-one training, telephone support, as well as other assistance tools, including technical support. You are never left alone to trade without help, if indeed you need it. Moreover, your personal Account Service Manager will guide you live, on your first trading steps, to help you get acquainted with the Speed Forex™ platform, and will answer your technical questions.
Guaranteed Rates and Stop-LossIs it "around", or "near" the rate I set, or rather exactly on it?
Speed Forex™ guarantees your Stop-Loss rate by using the latest technologies. We are committed to the principle that you never lose more than your Stop-Loss amount at risk, as defined by you. Please see our terms & conditions.
As well, per your pre-set TAKE-PROFIT rate (if you choose to set such rate) your deal will be automatically closed, exactly on your pre-defined Take-Profit rate.
Needless to say that you can change those pre-defined rates, Stop-Loss as well as Take-Profit, at any time while your deal is open.
No software download
Do I need to download any software?
Can I trade on any computer?
Speed Forex™ Trading Platform is the only Forex platform that enables users to start trading immediately. No software download required, you may login to your account and trade anytime, from anywhere.
Instant Deposit with Credit Card
Am I bound to banking hours for deposits, or can I deposit trading margins with my credit card?
And when I profit, can I withdraw the profits to my credit card account?
Speed Forex™ is the only Forex platform which allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours! Speed Forex™ cares about protecting your credit card security as well as protecting your privacy to the highest standards. To achieve that, we use the latest technologies and comply with all relevant regulations. Please read our terms & conditions.
Margin trading with as little as US$25What is the lowest amount I can risk and deal Forex with?
The Speed Forex™ platform enables you to trade with small amounts as well. You can start using Speed Forex™ even with an amount as little as $25! No bank would ever offer you such an opportunity! When trading, you may deposit the sum that suits you, or fits the amount that you are willing to risk. Starting to trade with such small amounts is the best way to get acquainted with the Forex marketplace. After getting familiar with the system, you may increase your level and scope of activity, as you find fit.
Link Resources :
Forex Website Forex News Forex Platform Forex Signals
Forex Analysis Forex Worldwide Community Forum
Private Online Investment Program List
High Yield Investment Programs - HYIP
Friday, May 11, 2007
E-gold exchanger(goldex)
Follow these steps and you will have your new e-gold account funded quickly and easily:
Step 1.
A GoldEx Membership (a free GoldEx Account):
1. Click on the below image to take you to GoldEx's SSL secure membership sign-up form:
Buy e-gold easily, safely and quickly by following these instructions:
2. Fill out the required details (name, address, phone number and email address).
3. Put your new e-gold account number and account name in the input boxes provided.
4. Click on the "I have read and understand the terms & conditions"
5. Click the button "Submit"
6. Now check your email account for 2 emails - one has your USERNAME and the other has your PASSWORD. These two items are required to place your order to buy e-gold.
Step 2.
Placed order to buy e-gold:
1. Click here:
GoldEx (e-gold exchanger) can exchange your money for e-gold using many different options. .
If you are new to e-gold and ecurrency then it is advised you read the whole page. This page outlines some of the key points you need to know and also talks about computer security (towards the bottom of the page).
2. Then click on this image:
This is the 128 bit SSL secure buy e-gold with credit card order form. Fill in this order form with all your personal and credit card details. Choose the amount of e-gold you want to buy (in US$) and your e-gold account (should be there from your membership sign up above - if not just put your e-gold account name and number in the comments box).
Please remember to provide all the email address you use as this greatly increases the likely hood of quick processing of your order and funding of your e-gold account.
Once you are happy with what you have entered click "preview" on the next page make a final check through your details and click submit. Your order is now submitted and your will receive a email copy for your records.
Your order is complete!
As this is your first order it will take anywhere from 30 minutes to 48 hours to process and fund your e-gold account. It is a very good idea to keep checking your main email account over the next 24 hours and follow any instructions that may be presented.
You will soon be the proud owner of some e-gold!
You will receive a email when your e-gold account is fundedIf you have any questions please use one of the options on our contact us page. We will be more then happy to answer any of your questions.
Thank you for using GoldEx
Marketiva Online Forex Trading
Marketiva Online Forex Trading
What Is Marketiva?Marketiva is a market maker for instruments traded on the over-the-counter foreign exchange (forex) markets. Through Marketiva, you can buy or sell instruments like EUR/USD, GBP/JPY and others. Marketiva also provides services like discussion channels, latest forex news, trading signals and alerts, charting services and many more.
Marketiva provides spot forex on major currency pairs and crosses; $5 cash reward you can start trading right away; tight spreads from 3 pips; trading on 1% margin; virtual and live desks within one account; latest news, alerts on market events, signals, no market commissions; zero-interest on open positions, 24-hour support, chat channels, the most sophisticated and easy-to-use forex charting tool; ability to trade from the charts and the best forex trading software available!
Open your Marketiva Account Now!
It is free, and get $5 cash reward you can start trading right away!
Forex Market
The Foreign Exchange market, also referred to as the "Forex" or "FX" market, is the largest financial market in the world, with a daily average turnover of approximately US$1.5 trillion. In comparison, the daily volume of the New York Stock Exchange is approximately US$30 billion per day.
Until now, professional traders from major international commercial and investment banks have dominated the FX market. Other market participants range from large multinational corporations, global money managers, registered dealers, international money brokers, and futures and options traders, to private speculators.
There are three main reasons to participate in the FX market. One is to facilitate an actual transaction, whereby international corporations convert profits made in foreign currencies into their domestic currency. Corporate treasurers and money managers also enter the FX market in order to hedge against unwanted exposure to future price movements in the currency market. The third and more popular reason is speculation for profit. In fact, today it is estimated that less than 5% of all trading on the FX market is actually facilitating a true commercial transaction.
How It Works
Foreign Exchange is the simultaneous buying of one currency and selling of another. The world's currencies are on a floating exchange rate and are always traded in pairs, for example Euro/Dollar or Dollar/Yen. In trading parlance, a long position is one in which a trader buys a currency at one price and aims to sell it later at a higher price. A short position is one in which the trader sells a currency in anticipation that it will depreciate. In every open position, an investor is long in one currency and shorts the other. FX traders express a position in terms of the first currency in the pair. For example, someone who has bought dollars and sold yen (USD/JPY) at 104.37 is considered to be long US Dollars and short Yen.
The most often traded or 'liquid' currencies are those of countries with stable governments, respected central banks, and low inflation. Today, over 85% of all daily transactions involve trading of the major currencies, including the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.
The FX market is considered an Over The Counter (OTC) or 'Interbank' market, due to the fact that transactions are conducted between two counterparts over the telephone or via an electronic network. Trading is not centralized on an exchange, as with the stock and futures markets. A true 24-hour market, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, London, and New York. Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night.
Factors Affecting the Market
Currency prices are affected by a variety of economic and political conditions, most importantly interest rates, inflation and political stability. Moreover, governments sometimes participate in the Forex market to influence the value of their currencies, either by flooding the market with their domestic currency in an attempt to lower the price, or conversely buying in order to raise the price. This is known as Central Bank intervention. Any of these factors, as well as large market orders, can cause high volatility in currency prices. However, the size and volume of the Forex market makes it impossible for any one entity to "drive" the market for any length of time.
Fundamental vs. Technical Analysis
Currency traders make decisions using both technical factors and economic fundamentals. Technical traders use charts, trend lines, support and resistance levels, and numerous patterns and mathematical analyses to identify trading opportunities, whereas fundamentalists predict price movements by interpreting a wide variety of economic information, including news, government-issued indicators and reports, and even rumor.
The most dramatic price movements however, occur when unexpected events happen. The event can range from a Central Bank raising domestic interest rates to the outcome of a political election or even an act of war. Nonetheless, more often it is the expectations surrounding an event that drives the market rather than the event itself.
Buying and SellingIn the forex market, currencies are always priced and traded in pairs. You simultaneously buy one currency and sell another, but you can determine which pair of currencies you wish to trade. For example, if you believe the value of the euro is going to increase vis-รก-vis the U.S. Dollar, then you would go long on EUR/USD instrument (currency pair). Obviously, the objective of forex currency trading is to exchange one currency for another in the expectation that the market rate or price will change so that the currency you bought has increased its value relative to the one you sold. If you have bought a currency and the price appreciates in value, then you must sell the currency back in order to lock in the profit. An open trade or position is one in which a trader has either bought / sold one currency pair and has not sold / bought back the equivalent amount to effectively close the position.
Market Conventions
Market conventions are rules and standards imposed by a governing body. In case of decentralized forex market these conventions might differ due to many national regulators (FSA, FSC, CFTC, NFA, BCSC, etc.). Since there is no central governing body that sets forex market rules and standards, we will reference only these that are universal.
Quoting Conventions
The first currency in the pair is referred to as the base currency, and the second currency is the counter or quote currency. The U.S Dollar is usually the base currency for quotes, and includes USD/JPY, USD/CHF, and USD/CAD. The exceptions are the Euro (EUR), Great Britain Pound (GBP), and Australian Dollar (AUD). As with all financial products, forex quotes include a "bid" and "ask", which is more often called "offer" in the forex market. The bid is the price at which a forex market maker is willing to buy (and you can sell) the base currency in exchange for the counter currency. The offer is the price at which a forex market maker will sell (and you can buy) the base currency in exchange for the counter currency. The difference between the bid and the offer price is referred to as the spread.
Marketiva Online Forex Trading for Absolutely Free
Marketiva Online Forex Trading for Absolutely Free
No need money to create money! It is true! Just create your new account at Marketiva and start forex trading for live. You don't need to deposit funds in order to start trading. When you open your new account you get free $5 reward, which is real money and which is your money you can trade with immediately on the real market. You also get $10000 of virtual money you can trade on your Virtual Trading desk for training purpose. Create your own account at Marketiva and get free bonus $5.
Marketiva is a market maker for instruments traded on the over-the-counter foreign exchange (forex) markets. Through Marketiva, you can buy or sell instruments like EUR/USD, GBP/JPY and others. Marketiva also provides services like discussion channels, latest forex news, trading signals and alerts, charting services and many more.
With more than 180,000 serviced users, 110,000 unique and live trading accounts, and more than 2.3 million live orders executed each month, Marketiva is one of the most popular over-the-counter market makers in the world.
Marketiva provides spot forex on major currency pairs and crosses; $5 cash reward you can start trading right away; tight spreads from 3 pips; trading on 1% margin; virtual and live desks within one account; latest news, alerts on market events, signals, no market commissions; zero-interest on open positions, 24-hour support, chat channels, the most sophisticated and easy-to-use forex charting tool; ability to trade from the charts and the best forex trading software available!
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