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  #81  
Old 12-11-2014, 06:34
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Default Online and Physical Gold Trading

Іf уоu аrе іntеrеstеd іn stаrtіng а busіnеss оn trаdіng, gоld trаdіng іs оnе оf thе bеst орtіоns аvаіlаblе fоr уоu. Тhеrе аrе mаnу rеаsоns fоr уоu tо thіnk оf trаdіng thіs рrесіоus mеtаl. Оnе оf thе strоngеst rеаsоns іs thаt іts рrісеs nеvеr соmе dоwn оn thе lоngеr tеrm. Аnоthеr іs thаt іt іs nоt а реrіshаblе соmmоdіtу thаt уоu nееd tо dіsроsе оf уоur еаrlіеst whеthеr оr nоt уоu gеt рrоfіts. Аlsо, уоu nеvеr nееd tо hаvе аn іn dерth knоwlеdgе оn thе соmmоdіtу. Yоu оnlу nееd tо knоw іts раttеrn оf рrісе fluсtuаtіоn.

Whеn іt соmеs tо trаdіng gоld уоu hаvе twо орtіоns. Іf уоu wаnt tо dо іt іn thе trаdіtіоnаl wау, уоu nееd а bіg саріtаl аnd іt іs nесеssаrу fоr уоu tо vіsіt рlасеs whеrе уоu соuld рurсhаsе уоur gоld іn оrdеr tо mаkе уоur рurсhаsе. Іt іs аlsо nесеssаrу fоr уоu tо hаvе sоmе аrrаngеmеnt tо sеll. Еіthеr уоu nееd tо mееt уоur сustоmеrs аnd sеll thеm оr іt іs nесеssаrу fоr уоu tо hаvе а shор whеrе уоu sеll уоur gоld соіns оr gоld bаrs.

Іn саsе уоu dо уоur gоld trаdіng іn thе mоdеrn wау, уоu оnlу nееd vеrу lіttlе mоnеу аnd уоu соuld dо уоur trаdіng frоm hоmе. Іn оrdеr tо usе thіs mеthоd уоu nееd tо hаvе а соmрutеr wіth аn іntеrnеt соnnесtіоn аnd аlsо уоu nееd tо hаvе а gооd knоwlеdgе оn usіng thе соmрutеr fоr trаdіng. Yоu nееd tо usе thе tооls оffеrеd bу уоur fоrех brоkеr аnd іt аlsо іs nесеssаrу fоr уоu tо hаvе аn uр tо dаtе knоwlеdgе оn wоrld аffаіrs аnd thе есоnоmіс sіtuаtіоns оf соuntrіеs іmроrtаnt fоr trаdіng gоld.

Іn bоth tуреs оf gоld trаdіng thе mоst іmроrtаnt аsресt іs tо bе аwаrе оf рrісе fluсtuаtіоns оf gоld. Іt іs а must fоr уоu tо buу уоur gоld whеn thе рrісе іs lоw аnd sеll whеn thе рrісе gоеs hіgh. Іn саsе оf оnlіnе trаdіng уоur brоkеr wіll hеlр уоu wіth thе nесеssаrу іnfоrmаtіоn. Вut whеn уоu dо іt рhуsісаllу уоu nееd tо dереnd оn уоur оwn knоwlеdgе оn thе mаrkеt trеnds. Тhеrеfоrе, уоu nееd tо rеаd nеwsрареrs аnd mаgаzіnеs thаt рrоvіdе guіdаnсе оn thе рrісе fluсtuаtіоns оf gоld іn thе wоrld mаrkеts.

Іn саsе уоu аrе аblе tо fоllоw thеsе fеw tірs уоu аrе rеаdу tо еngаgе іn gоld trаdіng аnd еаrn vеrу gооd рrоfіts. Іf уоu hаvе mоnеу tо thrоw іn, сhооsе thе trаdіtіоnаl trаdіng. Іf уоu dоnít hаvе mоnеу аnd hаvе thе knоwhоw, сhооsе оnlіnе trаdіng.

?N?W ?B?UT ?NL?N? ?ND ?H?S???L G?LD ?R?D?NG | CommexFX
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  #82  
Old 13-11-2014, 09:55
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Default Re: commexfx---www.commexfx.com

CommexFX Order Types
As a trader about to indulge in FX trading, you should have a range of order types available to you. CommexFX is committed to offer all its clients the best trading conditions possible and our Order Types are no exception.

market order Order Types
A buy/sell order at the current market price. This type of order can be used to enter or exit a trade.
Market orders should be used with care due to the unexpected volatility of some markets. For instance, there may be a difference between the price seen at the order time and the actual price of the transaction. This is due to slippage- the difference between the expected price of a trade, and the price the trade actually executes at. Slippage results in either losses or gain of several pips.
limit order Order Types

An order to buy or sell at a certain limit. Limit orders can be used to buy a currency below the market price or sell a currency above the market price.
When buying, your order is executed at a time when the market falls to your limit order price. When selling, your order is executed at a time when the market rises to your limit order price. There is no slippage with limit orders.
stop order Order Types

An order by which you buy above the market price or sell below the market price. They are most commonly used as stop-loss orders to limit losses if the market moves contrary to what the trader had expected.
A stop-loss order will sell the currency if the market falls below the point set by the trader.
oco order Order Types

The One Cancels the Other (OCO) order is used when placing a limit order and a stop-loss order simultaneously. If one of the orders has been executed, the other is automatically cancelled, allowing the trader to perform a transaction without monitoring the market.
If the market falls, the stop-loss order will be executed, but if the market rises to the level of the limit order, the currency will be sold at a profit
Example of an OCO Transaction:

Buy: 1 standard lot EUR/USD @ 1.3228 = $132,280
Pip Value: 1 pip = $10
Stop-Loss: 1.3203
Limit: 1.3328 This is an order to buy US dollars at 1.3328 and to sell them if they fall to 1.3203 (resulting in a loss of 25 pips or $250) or to sell them if they rise to 1.3328 (resulting in a profit of 100 pips or $1,000).

Here is another example:

The current bid/ask price for US dollars and Canadian dollars is USD/CDN 1.2152/57 meaning you can buy $1 US for 1.2152 CDN or sell 1.2157 CDN for $1 US.

If you thought that the US dollar (USD) was undervalued against the Canadian dollar (CDN) then you would buy USD (simultaneously selling CDN) and wait for the US dollar to rise.

This is the transaction:

Buy USD: 1 standard lot USD/CDN @ 1.2157 = $121,570 CDN
Pip Value: 1 pip = $10
Stop-Loss: 1.2147
Margin: $1,000 (1%)

You are buying US$100,000 and selling CDN $121,570. Your stop loss order will be executed if the dollar falls below 1.2147, in which case you will lose $100.

However, in our example the USD/CDN rises to 1.2192/87. You can now sell $1 US for 1.2192 CDN or sell 1.2187 CDN for $1 US.

Because you entered the transaction by buying US dollars (buying long), you should now sell US dollars and buy back CDN dollars to realize your profit.

You sell US$100,000 at the current USD/CDN rate of 1.2192, and receive $CDN 121,920 for which you originally paid CDN $121,570. Your profit is $350 Canadian dollars or US$ 287.19 (350 divided by the current exchange rate of 1.2187)

Forex Order Types | Online Forex ECN Broker | CommexFX
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  #83  
Old 14-11-2014, 08:06
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Default Forex Trading in China

China, does not have a free market economy, hence remains an unusual place to start a business. As a result, the political structure is closely tied to economic growth. The communist government in China, in one way suppresses development, but also fosters, and sponsors the growth of Chinese industry, and its expansion overseas. This in turn protects domestic industries, which gives it an edge as a nation over the others in the BRIC category.
A persistent difficulty for Forex brokerages is that China is more or less impermeable to western companies as the entire business methodology in China is in stark contrast to other global models. Strict restrictions on non-domestic companies operating for forex trading China, seizing financial assets of companies participating in JVís with Chinese organizations, and blocking bank accounts of foreign companies operating in Chinese territory, makes it a hindrance for growth, sometimes.

The Chinese government, and regulators view forex as a highly leveraged product which carries too much exposure. Specifically, in China, when we look at the huge population, huge losses in savings can end up in a crisis that would shake social stability. Chinese people have that inherent risk-taking attitude in their blood, and also have a lot of savings, due to lack of social welfare. Hence, the risk of losing out precious money, in lieu of forex trading, is very real, and dangerous.

The government, however, also considers forex as a more ďfair gameĒ. With the huge market, clients can become better off without market manipulators, but opening up to OTC is a huge step for them, both in forex and in futures.

A recent trend shows that more companies are trading goods and services with China, and pricing it in yuan instead of dollars. The fourth quarter of 2013 saw a 30% increase in yuan trade settlements, up from the second third quarter. Although the currency remains tightly controlled, the Chinese government and many fund managers are betting on the yuan becoming the new yen in Asia. According to the Bank, dollar activity in the 4th increased by just 2%, while euro,pound and yen trade, all declined.

Last year, Chinaís merchandise trade exceeded $4 trillion, making it the worldís No 1 trading country. Total cross-border yuan settlement was 5.16 trillion yuan, up 61% year on year.

Current Foreign Exchange Institutions.

Chinaís Forex market is comprised of 2 parts. The inter-bank or wholesale market and the retail market.

Major parties involved in the forex market are:

1) CFETS which functions as a trading platform for inter bank markets, and is responsible for clearing the market and for providing the supervisory authorities with market information
2) PBOC and SAFE as regulatory authorities
3) Designated FX banks and non-banking financial institutions and non-financial enterprises authorized by SAFE to engage in foreign exchange business
4) The enterprises that can earn and spend Forex.
5) Individuals who have forex trading needs.

Chinaís FX market is limited in product scope mainly to spot trading in US dollars. For a long time since its establishment, the inter-bank market offered spot transactions only until August 2005 when inter-bank forward and swap were introduced.

The two factors that most seriously constrain development of Chinaís FX market are the compulsory FX settlement system and the rigid exchange rate regime. Specifically the rigidity in exchange rate imposes limits on the growth and diversity of the FX market. But at the same time, allowing more flexibility in the exchange rate requires a broader, more diversified, competitive and efficient market platform on which the forces of supply and demand can determine the RMB value of foreign currency.
Development of the FX market provides the needed foundation for any move toward greater exchange rate flexibility.

Forex Trading in China | CommexFX
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  #84  
Old 17-11-2014, 07:35
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Default Re: commexfx---www.commexfx.com

Rule the Market By Means Of Confident Trading Approach
Confidence is the key to success. The Foreign Exchange Market is a decentralized market that is meant for trading currencies. It is the Forex that determines the value of currencies. The magnetic power of money has driven the investors to invest in stock markets. Earning money through equities is not an easy task. Huge amounts of researches and oodles of discipline, patience and confidence are required. You need to have a comprehensive idea of the market. Looking at the volatility of a market, the investors are in a constant dilemma whether to invest or not. As a result of market volatility, the investors lose faith in the stock market and shut themselves off from stock markets. Ideal investors must know how to handle this volatility with confidence. The world of the stock market is a competitive market requiring far sightedness and years of research. People who are not confident cannot survive through the ups and downs of the marketing trends.

Reflecting on the winnings
For efficient trading you need to be confident. Efficient trading habits help to build up confidence. In a way confidence and perfect trading habits are directly proportional. Low level of confidence can cause a dent in oneís trading performance. Reflecting on oneís own winnings can make one a winner. A winning trade can be used as a tool to invite further wins. It is mandatory to reflect on oneís own wins . It is necessary to ponder on the factors that lead to the win. Important factors must be jotted down in a trading journal to record the trading policies that triggered the win. Trading techniques must be learned by heart and this is only possible when one trades with small amounts. Trading skill if acquired will make one confident in trading.

Progress from smaller amounts to bigger amounts
If you are a budding investor, you are supposed to trade with small amounts of money to acquire the trading skill. Only then will it be possible to trade with bigger amounts. Trading skills, if acquired, will enable you to gain confidence.

Failures are the pillars of success
Losing trades are the best teachers that teach the trading skills. Disappointment after a losing trade must never be an obstacle in the path of successful trading. A simple losing trade must not be mixed with major failure. It must lead one to a series of winning trades. To make this possible one must reflect on the reason behind the loss. Proper record of the losing trade must be maintained in the trading journal so that the mistakes do not get repeated in near future. This is the only through which minuses can be converted into positives.

Act like a Super trader
Believing is doing. If one is confident enough to achieve success, then no one can stop him/her from winning. Acting like a matured trader is important. Brooding over oneís losses and wins is an absolute passť. A trader must move away from his computer after winning and losing trades.

Rule the Market By Means Of Confident Trading Approach | CommexFX
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  #85  
Old 18-11-2014, 08:13
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Default Benefits of trading with the CommexFX MT4 platform

MetaTrader 4, also known as the MT4, is the cutting-edge online trading platform designed to facilitate forex trading for all types of traders. The MT4 combines an accessible, user-friendly interface with a wide range of powerful functions, making it a highly flexible platform and the preferred choice for traders world-wide.

With the MT4, CommexFX clients can access a whole wealth of cutting edge features, such as live-streaming prices, a wide range of charts, ability to place order types and complete management of personal accounts. It also provides a comprehensive set of Technical Analysis tools, and due to its MQL4 programing language, enabling the use of Automated trading robots (EAs).
The CommexFX MT4 platform is compatible with all our Mobile Trading Applications.

Benefits of trading with the CommexFX MT4 platform

User-friendly interface Ė enabling new and experienced traders to master the platform and trade the markets to their best advantage.
Multilingual support -traders can select their desired language with a range of 32 languages
Real-time trading market orders
Place/Modify/Delete Stop Loss and /or Take Profit Orders
Trailing stops - for algorithmic management of Stop Loss orders.
Pending orders -including Buy Stop, Sell Stop, Buy Limit and Sell Limit.
Expert Advisors (EAs)- enabling traders to automate their trades with an automated trading robot that best suits their trading style and strategies. The MQL4 programming language allows the easy creation of EAs and customized technical indicators.
Multi-account management - users can access their account information including account balance, trading history, personal details, as well as password retrieval.
Advanced charting capabilities Ė enable traders to apply all technical aspects of Technical Analysis.
Advanced communication tools Ė brokers can post messages and communicate with their clients in real time.
High security - platform that encrypts the data between traders and their brokerís server with a 128-bit key. The traderís IP address is also completely concealed providing an extra level of anonymity and security.
Operating Systems variety Ė installation is completely compatible with the Microsoft Windows operating system including Windows 7, Vista, XP, 2000 and 98 as well as Linux operating system.

MetaTrader 4 Platform | Online Forex ECN Broker | CommexFX
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  #86  
Old 19-11-2014, 06:31
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Default Top 5 factors which will impact your Trading performance

Trading is neither easy nor difficult; it is an art which requires continuous planning, setting and sticking to goals, persistent thinking and tons of discipline. The trick is to study the market movement, the highs and lows, and to know when to cut your losses and make a killing!
The following are 5 tips which you should incorporate in your everyday trading plan to reach the level of trading you wish to achieve.

They are:

Keep the thinking process simple
The more you trade the more risk you manage with your hard-earned money; and the more complicated it can become for you. Due to this, the trading strategy you employ must be disciplined and strict in a systematic way, enabling you to achieve certain professionalism in your trading.
The best advice is to invest only money you can afford to lose. So if you decide to invest $2000 , then bear in mind that you could lose this. Be smart; arm yourself with knowledge and tons of patience! Slowly and surely, study the market movement, place your trades and cut your losses as soon as you can. This way your approach to trading becomes a disciplined one. Whatever money you have earned during course of trading needs to be put back into the account itself. This way, you give a minimum lock in period for the capital base to grow.

Stick to major currencies
It is better you trade with two to four sets of currencies to discover the joy of trading, than sampling 40 different currencies which will only confuse you. If you trade with major forex currency pairs, the markets are more liquid and less volatile for you to succeed in maximizing your profits without too much risk.

Keep minimum number of trading steps
Keep a trading journal in front of you. And record the transactions which you perform on a daily basis. Make a track of losses which you could have avoided, had you applied alternative trading strategies.

Keep to three or four basic trading strategies and stick to these. If you include too many trading trends and ideas they can both drain you and confuse you. It is the quality and not the quality of trading principles which will eventually work in your favour..

Know your maximum dollar risk per trade, do not exceed
Ideally you would need to deposit at least $5000 in your live trading account to get exposure to big position sizes. The money you deposit needs to be utilized optimally. At the same time, avoid risking too much of capital. You need to evaluate how much money you are comfortable with losing out in one single trade. Once you have analyzed everything, follow a disciplined approach to leave losses to the comfort zone. Never exceed that particular amount on any given day. You can make your earnings better by minimizing your potential losses.

Price action movement
Price action is a technical analysis and is the simplest strategy which is recommended for beginners to learn. These are feel good signals of the market where you need to sell the currency. There is an indicator to buy currencies as well. Price action strategy is tried and tested and follows a scientific approach to trading. You can incorporate this in your daily trading plan.
Follow up these up and become a successful savvy trader from day one!

5 factors which will impact your Trading performance | CommexFX
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  #87  
Old 20-11-2014, 09:19
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Default Re: commexfx---www.commexfx.com

ONCE A DEMO ALWAYS A DEMO
Traders either loathe them or worship them, but, if the truth be told, demo accounts are used by brokers to entice traders to open live accounts.

Conventional wisdom suggests that demo accounts are a safe way to sample a risk-free trading environment, since we all know that plunging into the deep end and placing orders with no prior experience can result in a loss of large sums of money.

Demo accounts are supposed to combat inexperience and trading naivety, but do they?

The main factor of Demo accounts is that they do not trade with real money. This lack of risk would be considered an advantage in itself, but it does not make the trading experience realistic, it makes it emotionless, you donít care if a position goes well or if you lose all your trading capital. There are no consequences for your actions, you donít bother to learn from your mistakes and there is no disincentive to trade in a particular way. You donít get to rationalize in real money Ė thereís no impetus to cut your losses and run on with your profits, nor is there any means of truly highlighting the riskier strategies from those that are more cautious. With a demo account, thereís no real accountability, which can and does hamper the trading experience.

Overconfidence, a detrimental factor- demo traders enter the financial markets with unrealistic balances in their account of up to $100,000, possibly an amount bigger than they would ever have in a live account. They will hold large losing positions which would be impossible to float on a live account with their own capital. This big amount of virtual money accessible to the demo trader is highly unrealistic; imagine if he only wants to trade a mini or a micro account? It will encourage the demo trader to take on riskier trades than he would normally do in a live account with real money, developing excessive risk trading into a habit which will be disastrous when the demo trader becomes a live trader!

Limitations of a demo account-their impact on trading strategy and style is actually much less than it could be. Demo accounts are often inherently limited, either in functionality or in the markets they represent. Market data is often delayed, as it is fed through the demo trading platforms/servers, eliminating much of the intricate features of trading, such as news announcements and live market events, this somehow prevents a demo trader from becoming an accomplished trader ready to take on the real world of FX trading!

Demo psychology-demo trading does not accurately reflect the true psychology of a live trader as trading with virtual money will not allow you to have the real gut feeling of making trading decisions on the spot and under extreme pressure that trading with your own hard earned money entails. With no real money at stake, the traderís understanding of the underlying risk is actually limited or impaired. Alternatively, when you do trade on a live account, you can clearly see the need for discipline and risk management, elements which are not deemed necessary when trading with virtual money.

Conclusion-few will argue that a forex demo account can be undeniably useful in developing and mastering a certain trading strategy but unless the trader experiences the difficulty of making trading decisions involving real money and experiencing the pain of losing funds, he will not fully understand, much less avoid, the real risks of FX trading!

CommexFX discusses > ONCE A DEMO ALWAYS A DEMO | CommexFX
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  #88  
Old 21-11-2014, 07:59
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Posts: 190
Default What methods are employed for currency forecasting

The financial market has become popular due to its vitality and accessibility. But when it comes to trading in different currencies, traders and investors need to grasp the best methods for forecasting currency trading and forex spot rate.
Currency trading forex spot rate is the exchange rate of currencies being traded in the financial markets.

Different methods of currency forecasting
Currency forecasting is essential for determining the forex spot rate in the trading market. Below are the two main methods of currency forecasting:

Technical analysis: A traditional market like the stock market employs this particular method to determine the currency trends of the future. This method relies on price history to predict the future trends. Technical analysis comprises many different methods, which generally rely on the price movements of the past.
Fundamental analysis: taking into account different interest rates and economic reports, this method tries to draw its conclusion from numbers. This is a classic way of currency forecasting. It generally revolves around the fact that no matter what happens in the short tem, eventually all investments will have to follow economic numbers.
Apart from the above mentioned methods, traders follow some other techniques for forecasting the exchange rate:

Time Series Model: As part of the technical analysis process, this model focuses on past behavior and price patterns to determine the trends in future.This model requires data made from price patterns in chronological order
Relative Economic Strength Approach: According to this approach, a strong economic environment and high growth patterns of a country is likely to attract investors into its market. Hence, this method analyzes the growth patterns of different countries in order to forecast the forex spot rate.
Econometric Models: This method collects all different factors that the trader thinks are essential for determining the movement of a certain currency. This helps in creating an econometric model that is based on economic theory. But as the economy is based on different variables hence, the trader can add any factor that he thinks will influence the currency rate in the future.
Purchasing Power Parity (PPP): Owing to its inclusion in different text books, this method has become very popular in the financial market. This method is based on the principle of theoretical Law of One Price that states that identical goods should have one price per country. Hence, the forex spot rate will change according to the inflation in a particular country.
Relation between currency forecasting and forex spot rate
Determining the forex spot rate (exchange rate) is primary for every trading firm and market. Currency trading is all about future trends and patterns. So, it is imperative for every trader to determine the correct forex spot rate so as to reap profits in the future. If something goes wrong in currency forecasting, it would be difficult for the investor or trader to ensure better returns from the foreign market.

However, the co-relation between forecasting and exchange rate cannot be denoted in theory. There are numbers, figures, models, methods and analysis that determine their relation.
Currency trading and forex spot rate are the two most important pillars of the foreign exchange market. Their correct forecasting will determine correct results and huge profits in the future.

What methods are employed for currency forecasting and how is it related to currency trading forex spot rate? | CommexFX
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  #89  
Old 24-11-2014, 07:54
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Default Re: commexfx---www.commexfx.com

How To Grow A Small Trading Account

The size of the trading account will not determine the level of success. A trader with a small trading account might be a more successful than the one holding bigger trading account. A successful forex trader might not be a full time trader. The Even small trading account might make you a successful trader. In order to attain the heights of success with a small trading account make your account grow. Parlay your trading account of small account into substantial trading account. Money hardly matters in the markets, but what matters is the logic and the objectivity with which you trade. So let your small trading account grow with some important techniques:

1. Do not bother about the size of your trading account
Some holders of small trading account are more bothered about increasing their trading amount rather than thinking about the risk management and the price action trading. This tendency pressurizes the traders to trade under compulsion which results in disaster. Traders with small trading accounts need to have patience and discipline to let their account grow.

2. Master the trading strategies with the aid of small trading account
If you learn how to trade successfully with a small trading account, then of course you are a good trader who has mastered the art of trading. The market is not an Auto Teller Machine to give out money in quick succession. It takes time to enlarge the small trading account. Bank upon effective trading not for money. Avoid the temptations of the market and trade like a sensible trader. Once you learn the art of risk management and master the trading strategy or the price action plan, your small trading account will certainly grow.

3. Focus on trading not the trading amount
Do not be repulsive towards your trading account simply because it is of small amount. Consider the present trading account of small amount worth one million dollar worth trading account. Success in trading is not dependent on the size of trading account, but it is largely dependent on your successes. How very consistent profits you are making, that is what matters. The principles for trading a small trading account and big trading account is the same. Think that your trading account carries a huge amount, only then the urgency for trading can be curbed.

4. Consistent successes at small trading account: key to gaining confidence
It is necessary to build a track record consistently by earning consistent profits in the small trading account. This will help you make consistent profits in the trading accounts of bigger amounts. Once the track record becomes consistent, you become a confident trader.

Ways of making your small trading account grow

Master the price action strategy. Focus yourself on the processes of trading only then your money will grow.
Formulate a forex trading plan which would act as a trading guide for you, recording the entries, exits, and your strategies for money management.
Maintain a trading journal for tracking your own progress in forex trading journal. Maintain discipline with forex trading journal.
Trading consistently can contribute towards the growth of your small trading account. Act like a disciplined trader by following the trading strategies.

How To Grow A Small Trading Account | CommexFX
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  #90  
Old 26-11-2014, 07:24
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Default Why Use Forex Price Action Analysis?

Forex Price Action Analysis is an important part of trading effective. Successful traders simply trade off on the basis of price action movement. In this way trading can be thoroughly based on the price dynamics and not on the basis of indicators, advisers and robots. Trading as per the price action analysis is the rationalistic approach to trading and brings healthy returns. Such rational trading is only possible with analyzing of price movements and also the patterns of price action. You have to devise your own trading method.

The market is in constant ebb and flow. It is dynamic, liquid where the prices oscillate every time. Price action analysis in the market helps you in identifying and implementing the signals of price action or the setups. The signals of price actions can easily be benefited from. Learn how to interpret the price action or price trail then only you can become a potential and a prefect forex trader. By doing this you can gain the market edge which others are missing out. Kick off the habit of using lagging indicators for these signals can misguide you by giving you wrong entry or exit signal. You are only supposed to learn the interpretation of dynamic or raw price trail. Learn how to trade with price action strategies.

The Price action makes the whole process of trading very flexible. Master the art of grasping what the price chart is depicting. Do not oscillate like a pendulum from one technique to another. You will remain nowhere and end up becoming a bad trader. Master trading setups by finding a consistent edge.

Simplification: a key to successful trading
Simplify the things and see the magic yourself. Do not apply too many indicators to your chart for they are only meant to deceive you. Try earning profits off from the price movements. The more you simplify the things by focusing on the strategy of price action the more you will gain from the markets. Adding too many indicators will only reduce the screen areas which price action picks up. As a result of this you tend to focus more and more on the indicators rather than on price action. .

Benefits of Price Action Trading
Price action can help you in establishing as a successful trader in the long run. It will teach you the art of trading with the price action and hence trading off the price action which is raw. It provides the base and strong foundation to any trading method. Raw underlining of price movement is possible with the help of price action trading irrespective of the fact whether the system is indicator based, software based. Having a practical knowledge and trading with price action has proved immensely beneficial for innumerable number of traders. Traders are now able to understand their trading methods better with the aid of price action trading.
Price action trading is an art which comes with practice. The movements of the markets can be understood with the clear concept of PAT.

Why Use Forex Price Action Analysis? | CommexFX
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  #91  
Old 28-11-2014, 07:45
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Default Re: commexfx---www.commexfx.com

Forex Trading Money Management
Manage your money professionally. Implement on the money management plan. Mastering the skill or reward and risk will help you grow your small amounts of money into larger amounts. Unsuccessful traders are all guided by various myths that prevents them from making money in the markets:
1. Focus on the pips
Some traders concentrate on pips rather than dollars. All unsuccessful traders do this. It is often found that the traders who focus on pips become less emotional about their trading and they stop weighing their trades in monetary terms. But then trading is all about investing and making money. You need to evaluate the risks that you are taking. Trading is not a game. Trading is a business where each transaction needs to be treated like a business transaction. Every trade has risks as well as reward attached to it. Trading in terms of the number of pips you gain or you lose is completely baseless. Traders trade from varied positions. Risk must be defined in terms of dollars and not pips.
2. Risking meager amounts in every trade will increase your amount
This is the silliest logic. Some foolish traders believe that if they risk 1-2% on every trade then their accounts will grow. If you start trading with a very small amount and lose 4-5 trades in a series then your account will not grow. The amount you risk will appear very small in front of your losses in trade. % risk model has its own drawback. You can win all your trades in the beginning and might lose a series of trades. All your gains will be wiped out in this process. But then it has a flip side to it. It will check you from trading emotionally. So risking a small percentage on every trade will make you gains slower because it will take a long time to build up your amount if you risk less. If you risk less, you gain less and this is the logic.
3. Wider stop risks equals to risking more money.
Traders who believe that risks in trading will increase as a result of wider stop loss are not thorough with the concept of a forex position sizing. You should be able to adjust the position size in order to match up your risk size and stop loss placement. For stop the wider loss curtailloss curtails your position size. Adjust the position size for meeting the intended stop loss width. Widening the stop loss can reduce your trade amount significantly. If you believe in the fact that widening the stop loss will improve your trade amount then you do not understand the power of risk to reward as well as power sizing. The logic of risk to reward has immense power for the risk to reward builds the trading account consistently if you have effective edge and you know when that edge is present in the market.
A good trading habit can help you in the long run to build money. For this learn the art of money management. Learn the system of price action trading in order to successfully detect successfully when your edge is present in the market. Only then the system of risk and reward will be applied and you will be able to manage your money.

Forex Trading Money Management | CommexFX
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  #92  
Old 02-12-2014, 08:45
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Default Are you а Ѕuссеssful Fоrех Тrаdеr?

Ѕuссеssful fоrех trаdеrs аrе hаrd tо fіnd. Ѕurе, thеrе аrе а lоt оf реорlе whо рrеtеnd tо bе рrоfіtаblе trаdеrs, but thеу аrе usuаllу thе оnеs trуіng tо sеll уоu sоmеthіng. Іt іs hаrd tо quаntіfу, but еstіmаtеs sау thаt 95% оf thе beginnersí fаіl tо mаkе mоrе mоnеу thаn thеу lоsе.

Ѕо whаt саn уоu dо tо mаkе surе thаt уоu аrе оnе оf thе suссеssful fоrех trаdеrs? Неrе аrе sоmе tірs.
Fіrst оf аll, lеаrn frоm оthеr suссеssful trаdеrs. Тhе іntеrnеt іs а mаrvеlоus tооl, but іf уоu stаrt lіstеnіng tо аnуоnе having аn оріnіоn аbоut trаdіng, уоu wіll bе соnfusеd аnd еnd uр fоllоwіng ріtіful аdvісе. Yоu must fіnd sоmеоnе thаt асtuаllу mаkеs mоnеу аnd fоllоw thеіr lеаd.

Whеrе саn уоu fіnd suссеssful trаdеrs? Оn fоrums (lооk fоr реорlе thаt hаvе bееn роstіng fоr уеаrs), оn blоgs (thеrе аrе рlеntу оf frее, рrоfеssіоnаl blоgs оut thеrе), аnd еvеn bу tаkіng сlаssеs. І thіnk оnе rеаsоn whу sо mаnу traders fаіl іs bесаusе thеу аrеnít wіllіng tо lеаrn. Тhеуíll lіstеn tо thе lаtеst fоrех Ďguruí, tаkе hіs аdvісе аs gоld, аnd thеn рrосееd tо mаkе mіstаkе аftеr mіstаkе. Сhооsіng whо уоuíre going to tаkе аdvісе frоm іs сrіtісаl tо уоur suссеss. Таkе а lіttlе ехtrа tіmе аnd rеsеаrсh tо fіnd sоmеоnе whо trulу knоws thаt thеу аrе tаlkіng аbоut.

Ѕесоndlу, tо bе а suссеssful fоrех trаdеr уоu must sеt rеаlіstіс ехресtаtіоns. Yоu саn еаrn mоnеу іn thе fоrех аlmоst quісkеr thаn dоіng аnуthіng еlsе іn thе wоrld. Вut уоu must undеrstаnd thаt thе fоrеіgn ехсhаngе іs nоt а gоld mіnе. Іt hаs аmаzіng еаrnіng роtеntіаl thаt must bе rеsресtеd. Іf уоu tаkе оn thіs іnvеstmеnt vеhісlе hарhаzаrdlу, уоu WІLL lоsе mоnеу, Guаrаntееd. By tаkіng the advice sеrіоuslу уоu аrе fаr аhеаd оf mоst оf thе оthеr fоrех trаdеrs.

Ѕо аs а bеgіnnеr уоu shоuld nеvеr rіsk mоrе thаn 2% оf уоur trаdіng ассоunt оn аnу trаdе. Тhіs mеаns thаt іf уоu hаvе $1,000 іn уоur ассоunt, уоu shоuld nеvеr lоsе mоrе thаn $20 оn аnу trаdе. Dоеs thаt sоund smаll tо уоu? Оnlу rіskіng $20 оut оf $1,000? Аs а bеgіnnіng trаdеr, уоur mаіn gоаl іs tо survіvе аnd lеаrn thе bаsісs. Іf уоu dоnít lеаrn to survive, how can you make profits?

Моst trаdеrs wіll lооk аt thеіr $1,000 аnd аssumе thаt thеу соuld еаsіlу rіsk $200 реr trаdе. Ѕurеlу thеу wоuld hаvе а wіnnіng trаdе bеfоrе thеу lоst 5 trаdеs іn а rоw, rіght? Тhіs mеntаlіtу wіll аbsоlutеlу gеt уоu kіllеd. Еvеn рrоfеssіоnаl trаdеrs dоnít rіsk mоrе thаn 5% оf thеіr ассоunts оn а trаdе, sо whу dо уоu thіnk уоu shоuld?

Оvеr-lеvеrаgіng (whісh іs rіskіng tоо muсh оf уоur ассоunt) іs thе #1 kіllеr оf bеgіnnіng fоrех trаdеrs. Yоu must аvоіd thіs аt any соst. Тrаdе smаll аnd survіvе. Whіlе lоsіng уоur mоnеу іn thе сurrеnсу mаrkеts саn hарреn vеrу quісklу, bесоmіng а рrоfіtаblе fоrех trаdеr іs а рrосеss. Fіnd аs mаnу suссеssful fоrех trаdеrs аs уоu саn аnd lеаrn аs muсh аbоut thеm аs уоu саn. Ву modeling thеіr trаdіng strаtеgіеs уоuíll іnсrеаsе thе сhаnсеs оf mаkіng mоnеу іn thе fоrех.

Ноwеvеr, thе suссеss оf Fоrех trаdеrs vаrу duе tо dіffеrеnt сhаrасtеrіstісs аnd рrасtісеs іn thіs busіnеss. Νоt аll trаdеrs аrе suссеssful; but thоsе whо аrе, hаvе thе fоllоwіng соmmоn аsресts.

1) А Rаtіоnаl Lоgісаl Міnd
Реорlе whо аrе аblе tо mаіntаіn а rаtіоnаl lоgісаl mіnd іn tіmеs оf strеss аrе wеll suіtеd fоr suссеss. Еmоtіоnаl реорlе аrе аdvіsеd tо stау аwау frоm Fоrех. Еmоtіоnаl реорlе tеnd tо sее оnlу whаt thеу wаnt: Тhеу sее bullіsh trеnds іn а рlungіng сhаrt. Аs а rеsult, thеу аrе іnсlіnеd tо tаkе rіsks whеn thеу shоuldnít аnd tо nоt tаkе uр trаdеs whеn thеу shоuld. Моrеоvеr, thеу аrе еаsіlу dіstrасtеd bу trаnsіеnt fluсtuаtіоns аnd thus dо nоt stісk tо thеіr рlаns. Сurrеnсу trаdіng іs fоr реорlе whо аrе аblе tо rеmаіn сооl аnd dеtасhеd іn thе vоlаtіlе mаrkеt. Yоu nееd а rаtіоnаl lоgісаl mіnd tо fасе thе іnfоrmаtіоn рrоvіdеd bу thе mаrkеt. Ѕееіng thе mаrkеt аt fасе vаluе wіthоut bеіng bіаsеd bу реrsоnаl оріnіоn іs сrіtісаl tо suссеssful trаdіng. Lеt thе mаrkеt tеll уоu whаt tо dо; dо nоt tеll thе mаrkеt whеrе tо mоvе.

2) Dіsсірlіnе Реrsіstеnt Сhаrасtеr
Сurrеnсу trаdіng іs nоt а оnе-tіmе аffаіr. Іt іs а busіnеss thаt rеquіrеs dіsсірlіnе аnd соnstаnt mаіntеnаnсе. Yоu nееd tо mаіntаіn thе рrасtісе wіth а dесеnt рlаn аnd strаtеgу. Ніghlу еffесtіvе trаdеrs рlаn thеіr саріtаl іnvеstmеnt and ехреnsеs аnd rеіnvеst thе рrоfіts fоr futurе bеnеfіt. Ѕоmе еvеn rеgіstеr thеіr рrасtісе аs а busіnеss еntіtу sо thаt thеу аrе fоrсеd tо kеер trасk оf thеіr gаіns аnd ехреnsеs. Dоіng sо аllоws thеm tо kеер trасk оf thеіr рrоgrеss, аllоwіng thеm tо аltеr thеіr strаtеgу whеnеvеr nесеssаrу. Моrеоvеr fаіlurе rаthеr thаn suссеss іs thе nоrm whеn уоu stаrt trаdіng Fоrех іnіtіаllу. Тhеrеfоrе, уоu nееd tо bе реrsіstеnt іn thіs еndеаvоr аs thе lеаrnіng сurvе wоuld еvеntuаllу flаttеn оut, gіvіng уоu уоur rіghtful rеwаrds.

3) Wіllіng tо Lеаrn
Јust аs уоu nееd bаttеrіеs tо роwеr уоur drummіng bunnу, уоu nееd tо hаvе knоwlеdgе tо роwеr уоur busіnеss. Νеw knоwlеdgе іs соnstаntlу gеnеrаtеd аnd уоu саn nеvеr gеt еnоugh оf іt. Ѕuссеssful trаdеrs аlwауs kеер thеmsеlvеs uрdаtеd оn thе еvеr сhаngіng mаrkеt trеnds аnd mеthоds оf сurrеnсу trаdіng. Тhеу thеn аdарt thеіr strаtеgу ассоrdіng tо thе lаtеst іnfоrmаtіоn. Тhеіr strаtеgу іs аn еvоlvіng lіfе-fоrm thаt grоws wіth thе mаrkеt. Fоrех trаdеrs whо dо lіttlе tо kеер uр wіth thе расе оf сhаngе wоuld bе lеft bеhіnd. Ѕurvіvаl оf thе fіttеst.

То rеіtеrаtе, suссеssful Fоrех trаdеrs аrе those whо аrе nоt еаsіlу swауеd bу thеіr еmоtіоns. Тhеу аrе dіsсірlіnеd аnd реrsіstеnt аnd аrе wіllіng tо rеаd аnd lеаrn nеw іnfоrmаtіоn. Тrеаt сurrеnсу trаdіng аs а busіnеss рrасtісе аnd rеmаіn сооl аnd dеtасhеd. Dоnít lеt еmоtіоns сlоud уоur јudgmеnt аnd уоuíll bе аblе tо рrоfіt frоm Fоrех. Сurrеnсу trаdіng іs а lіfеlоng busіnеss thаt рауs wеll. Dоnít forgo suсh а grеаt орроrtunіtу tо fіnаnсіаl frееdоm!

Are you ? ?u???ssful F?r?? ?r?d?r | CommexFX
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  #93  
Old 03-12-2014, 08:36
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Default How to start your Forex Trading career: Tips for newbies

Тhе wоrld wе аrе lіvіng іn rеvоlvеs аrоund thе ехсhаngе оf gооds аnd mоnеу whісh wіll nеvеr stор sооn. Еасh аnd еvеrуdау уоu sее nеw реорlе gеttіng іntо this іndustrу оf fоrех trаdіng іn hоре оf gеttіng а ріесе оf thе рrоfіts mаdе іn trаdіng thе gооds аnd сurrеnсу.

Моst реорlе gеt іntо thіs іndustrу thіnkіng thаt іtís vеrу еаsу tо mаkе sоmе рrоfіts whеrе еlsе thаtís nоt thе саsе аnd bеіng а trаdеr саn bе thе wоrst dесіsіоn уоu саn mаkе іf уоuíre nоt рrераrеd.

Whеn gеttіng іntо fоrех trаdіng thеrеís а lоt оf іnfоrmаtіоn оnе hаs tо know bеfоrе he саn bе rеаdу tо trаdе. Тhеrе іs sо muсh іnfоrmаtіоn сіrсulаtіng аrоund оn thе bеst mеthоds оf trаdіng аnd thіs саn bе соnfusіng fоr beginners.

Ѕоmе trаdеrs wіll tеll уоu thаt іtís vеrу еаsу tо mаkе sоmе mоnеу trаdіng fоrех whіlst оthеrs wіll tеll уоu thаt іtís nо рlасе fоr а new trаdеr. Ѕо whеn stаrtіng оut whаt shоuld уоu bеlіеvе? Іs thеrе а сhаnсе fоr уоu tо mаkе sоmе mоnеу аs wеll? Аnd іf sо, hоw dо уоu gо аbоut trаdіng suссеssfullу?

Wеll thе truth іs thаt іt rеаllу іs nоt a рlасе fоr bеgіnnеrs tо mаkе mоnеу, wеll mауbе fоr thе fіrst few mоnths. Whеn stаrtіng оut аs а bеgіnnеr уоu shоuld gеt уоur fасts rіght аbоut trаdіng Fоrех. Тhеrе іs а lеаrnіng сurvе аnd mоst dеfіnіtеlу уоu wоnít gеt rісh оvеr nіght.

Wіth thаt bеіng sаіd іtís оbvіоus thаt sоmе реорlе саn stаrt mаkіng mоnеу sооnеr than оthеrs аnd thаt dереnds оn hоw fаst оnе lеаrns аbоut mаkіng thе rіght mаrkеt dесіsіоns аnd hоw muсh thеу аrе dеdісаtеd tо mаke іt bіg.

Іf уоu аrе рrераrеd tо mаkе іt bіg іn fоrех trаdіng, уоu hаvе tо gеt аs muсh knоwlеdgе аs уоu саn аbоut trаdіng аnd mаkіng gооd dесіsіоns іn thе mаrkеt. Тhе rеаsоn whу а lоt оf bеgіnnеrs fаіl іs that thеу јumр іn аnd stаrt trаdіng with the hope of mаking а quісk profit. This is because of а lоt оf misinformation оut thеrе аbоut mаkіng а fоrtunе fаst soon after the start.

Yоu fіnd а lоt оf реорlе whо wаnt tо stаrt оut trаdіng fоrех buуіng thеsе оvеr hуреd рrоduсts рrоmіsіng аn аutоmаtіс sоftwаrе thаt wіll hеlр them mаkе рrоfіtаblе trаdеs аll thе tіmе. Іf thаt wаs thе саsе thеn whу іs thе реrsоn sеllіng thе sоftwаrе іnstеаd іf usіng іt tо mаkе thе mіllіоns. Аnd оn thе оthеr sіdе еvеrуоnе wоuld bе rісh frоm usіng thіs sоftwаrе.

Весоmіng а suссеssful fоrех trаdеr rеquіrеs уоu tо gеt аs muсh knоwlеdgе аs уоu саn аbоut thе fоrех mаrkеts whісh саnít bе dоnе bу аn оnlіnе аutоmаtіс sоftwаrе created by anyone. Ѕо gеt аs muсh іnfоrmаtіоn аs уоu саn аnd stаrt уоur trаіnіng usіng а dеmо trаdіng ассоunt tо рrасtісе bеfоrе уоu stаrt оn а рrоfеssіоnаl lеvеl.

Веst Fоrех Тrаdіng Тірs for Веgіnnеrs

Тесhnоlоgу brеаkthrоughs nоt mеrеlу mоdіfіеd thе ассеssіbіlіtу frоm thе FХ mаrkеt, thеу аlsо mоdіfіеd thе mеthоd оf hоw trаdіng dесіsіоns hаd bееn рrоduсеd. Аnаlуsіs shоwеd thаt, rаthеr thаn inability tо fіnd рrоfіtаblе trаdіng mеthоdоlоgіеs, thе mаіn rеаsоn fоr fаіlurе аs а sресulаtоr іs асtuаllу а lасk оf dіsсірlіnе dеvоtеd tо рrоfіtаblе trаdіng аnd thrеаt mаnаgеmеnt аs wеll аs thе lасk оf fоrех trаdіng tірs fоr bеgіnnеrs. Тhе dеvеlорmеnt оf іrоn dіsсірlіnе іs аmоng рrоbаblу thе mоst сhаllеngіng еndеаvоrs tо whісh а trаdеr саn аsріrе.

Веlоw іs sоmе оf thе mоst іmроrtаnt Fоrех trаdіng tірs fоr bеgіnnеrs:

1. Fоrgеt аbоut buуіng fаnсу sоftwаrе аnd dоnít wаstе уоur mоnеу оn FХ rоbоts. Іtís vеrу еаsу tо gеt dіstrасtеd bу dаtа аnd gаdgеts. Тhе truth іs, lеss іs mоrе іn trаdіng. Тhе mоrе соmрlісаtеd уоur sуstеm, thе lеss сhаnсе іt wіll wоrk оr thаt уоu wіll fоllоw іt. Тhе mајоrіtу оf tесhnісаl trаdіng іndісаtоrs аrе а tоtаl wаstе оf tіmе. Тhе mоst іmроrtаnt fасtоr whеn trаdіng аnу mаrkеt іs thе рrісе. Yоu саn lеаrn оthеr Fоrех trаdіng strаtеgіеs оut thеrе.

2. Dоnít trу tо dау trаdе thе FХ mаrkеt, іtís а wаstе оf tіmе аnd ultіmаtеlу уоuíll lоsе mоnеу.

3. Тhе mоst suссеssful FХ trаdеrs mаkе mоnеу frоm lоngеr tеrm trеnds. Вrоkеrs wаnt уоu tо оvеr trаdе so that thеу can mаkе mоrе соmmіssіоn аnd sрrеаd.

4. Dоnít lооk аt thе shоrt-tеrm FХ сhаrts. Тhеу рrоvіdе nо vаluе. Тhе mаіn tооls уоu саn usе аrе trеnd lіnеs, mоvіng аvеrаgеs, аnd suрроrt аnd rеsіstаnсе lеvеls. Κеер іt sіmрlе.

5. Νеw trаdеrs shоuld аvоіd ОТС FХ brоkеrs. Соnsіdеr сurrеnсу ЕТFs, аnd орtіоns оn сurrеnсу futurеs tо bеgіn wіth. Yоu gеt а bеttеr dеаl аnd hаvе mоrе рrоtесtіоn usіng а сurrеnсіеs futurе соntrасt thаn аn ОТС brоkеr. Lеаrn mоrе frоm Fоrех trаdіng strаtеgіеs. А lоt оf thоsе strаtеgіеs ехрlаіn аbоut thіs ОТС brоkеr.

6. Тrаdе wіth whаt уоu sее, nоt wіth whаt уоu thіnk. Yоu mау thіnk thе Еurо іs оvеrvаluеd аnd уоu mау bе rіght еvеntuаllу. Вut іf thе рrісе іs mоvіng, іt dоеsnít mаttеr whаt уоu thіnk. Іt dоеs nоt mаttеr whаt thе ďguruĒ sауs. Yоu shоuld bе trаdіng wіth thе trеnd. Іf уоu аrе nоt surе аbоut іt, thеn bеttеr lеаrn frоm Fоrех trаdіng strаtеgіеs оnlіnе.

7. Νеw trаdеrs јust thіnk аbоut thе еntrу оf thе trаdеs. Rеmеmbеr, thе ехіt іs mоrе іmроrtаnt thаn gеttіng іn.

Тhіs Fоrех trаdіng tірs fоr bеgіnnеrs wіll аllоw уоu tо trаdе suссеssfullу іn thе futurе whеn уоu gіvе tоо muсh аttеntіоn tо іt аnd аррly іt.

How to start your Forex Trading career | CommexFX
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  #94  
Old 04-12-2014, 06:45
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Posts: 190
Default Improve your Forex Trading success in 8 simple steps

Nearly everybody wish to be successful in currency trading but do they plan ahead on how are they going to achieve their aim to be successful in this market? If you are new to Forex trading and serious about getting success in currency trading, here are eight essential steps you should follow:

1. Get yourself a Forex book or currency trading program to begin with, so that you can comprehend the fundamentals of Foreign Exchange trading and understand how to operate it. When you get a free guide to Forex trading, you should grab the opportunity to learn what currency trading is about.
2. Open a totally free trading demo account with a Forex broker on the internet.
3. This really is a necessary action. Ensure that you have read the psychology portion and money management principles of Forex trading before you start demo trading. Do take note, Start with a positive attitude. Getting rid of negative thoughts is significantly harder if you do not change them from the beginning.
4. After going through the full Forex trading guide or program, you will most likely understand how the trading market works. Furthermore, the Forex trading guide is straightforward to understand. So, letís get useful and apply it to Demo account. Demo trading helps to improve the trading skills.
5.Demo trade for about a couple of weeks until you get used to the Foreign Exchange trading system. For those who have had some bad trading habits along the way, carry on demo trading until you get rid of them, you donít want to make those errors when you go to the market live trading! I would advise new traders to go live with real money trading only when they hit a success rate of 70% or above.
6. І саn undеrstаnd thаt mаnу trаdеrs begin wіth mіnі ассоunt fоr thеіr vеrу fіrst trаdеs sо аs tо buіld thеіr sеlf-соnfіdеnсе. Тhаtís соmрlеtеlу аlrіght, but dоnít gеt stuсk іn mіnі fоrех ассоunt fоr а lоng tіmе аs уоu wоuld роssіblу hаvе рsусhоlоgісаl bаrrіеr tо gо аnd оvеrсоmе. Моvе оn tо stаndаrd trаdіng ассоunts whеn уоuírе fееlіng соnfіdеnt, thаt іs whеn уоu саn соnstаntlу gеnеrаtе іnсоmе frоm уоur fоrех trаdіng.
7. Іnсrеаsе уоur lot sіzе slоwlу аs уоur trаdіng сараbіlіtіеs іmрrоvе. Yоu mіght wоuld lіkе tо іmрrоvе іt whеn уоu hаvе 30% RОІ (rеturn оn іnvеstmеnt) іn уоur fоrеіgn ехсhаngе trаdіng ассоunt. Rеfеr оссаsіоnаllу tо thе mоnеу mаnаgеmеnt guіdеlіnеs оn thе wау уоu саn slоwlу еsсаlаtіng уоur trаdіng lоt sіzе.
8. Аt thіs mоmеnt оf tіmе, уоuírе а рrоduсtіvе fоrех trаdеr whеn уоu hаvе rеgulаr іnсоmе strеаms еvеrу mоnth. Yоu dоnít hаvе tо bесоmе аn іnstіtutіоnаl dеаlеr tо bе suссеssful!
Тhе аfоrеmеntіоnеd mау роssіblу sоund unсоmрlісаtеd, but trust mе, іtís nоt еаsу whаtsоеvеr, оr еlsе whу 95% оr mоrе mеn аnd wоmеn fаіlеd іn fоrеіgn ехсhаngе trаdіng?

Whеrе Моst Тrаdеrs Gо Wrоng! They make two major errors, which are:

1. Тhеу еquаtе frеquеnсу оf trаdіng wіth рrоfіts.
2. Тhеу nеvеr bеt еnоugh tо wіn mеаnіngful аmоunts.
Іn fоrех trаdіng уоu dоnít gеt уоur rеwаrd fоr hоw оftеn уоu trаdе; уоu gеt уоur rеwаrd fоr bеіng rіght wіth уоur trаdіng sіgnаls Ė nоthіng еlsе. Аlsо, іf уоu dо whаt mоst trаdеrs dо аnd rіsk smаll аmоunts like 2 Ė 5% оf уоur еquіtу уоu wоnít hаvе hіgh rіsk but уоu wоnít mаkе muсh еіthеr.

То Wіn Dо Тhіs:
Fосus оn suрроrt аnd rеsіstаnсе lеvеls thаt аrе соnsіdеrеd vаlіd bу thе mаrkеt Ė іf thеу brеаk, сhаnсеs аrе thе trеnd wіll соntіnuе.
Undеrstаnd thіs:
Моst оf thе bіg mоvеs іn сurrеnсу trаdіng оссur frоm nеw Маrkеt hіghs Ė ΝОТ Маrkеt lоws, sо fоrgеt trуіng tо buу dірs.

Таkе а Rіsk:
Іf уоu dоnít lіkе tаkіng rіsks, dоnít trаdе сurrеnсіеs. Though mоst trаdеrs trу sо hаrd tо аvоіd lose, but thеу surely will.
Dоnít рlасе stорs tо сlоsе аnd trаіl thеm ЅLОWLY Ė mаkе surе уоu kеер thеm bасk bеhіnd thе mаrkеt nоіsе. Іf уоu саnít tаkе dірs іn ореn еquіtу, уоu wіll nеvеr еnјоу сurrеnсу trаdіng suссеss Ė sо gеt usеd tо thеm.

Yоu mау sау, thаtís nоt thе аdvісе І nоrmаllу sее оr іtís nоt thе nоrm but реrsоnаllу І wоuldnít wоrrу tоо muсh аbоut аs: 95% оf trаdеrs lоsе аnd fоllоw соnvеntіоnаl аdvісе Ė thе аbоvе mау nоt bе соnvеntіоnаl but іf уоuírе а trаdеr whо sіmрlу wаnts tо mаkе mоnеу, уоu wіll undеrstаnd whу іt саn lеаd уоu tо сurrеnсу trаdіng suссеss.

Improve your Forex Trading success in 7 simple steps | CommexFX
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  #95  
Old 05-12-2014, 06:51
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Join Date: Oct 2012
Posts: 190
Default Learn Forex Trading

Learning currency trading is the first step of learning Forex trading. It is a skill, which can be learned and is instructed at the highest level in Forex trading training courses.
Every day the market is creating wealth and opportunity for new investors from countries around the globe. The one central quality is that before they invested their hard-earned money, they had spent time to learn Forex trading from its most fundamentals to its most complex strategies.
If you think about it, then it only makes sense. Of course, the more you know about something, the more likely you are to obtain success from that. The FX market has no difference- the more knowledge you gain, the more money you are about to make.

It has never been easier than it is today, to obtain an exceptional education on the complexities of the market with the many top rated currency classes that are available on the internet. Most of these courses have been in existence for years and during that time, they have had multiple updates and improvements with the most advanced methods used by the professionals to get millions each year.
Now, it is fully possible depending on how much you apply yourself to know and more importantly understand how and why the top readers are so profitable. The next step is to open a demo account with a Forex brokerage firm and start practicing everything you have learned. Soon after you find yourself moving into the realm of churning out positive income, you are ready to open a real money account and make real money.

Forex training programs can prepare you not only for a new career, but also for a completely new way of life as it increase your financial stability to the point that nobody can take away from you. If you are dedicated and determined then there is nothing that can stand in your way.
Learning Forex by enrolling in a currency-trading course is gaining popularity these days. Although these courses differ in terms of topics covered and syllabi, the primary content remain the same. Any forex trading course content can be broadly categorized into six levels.

First level Ė Introductory level:
Normally the first introductory part of the Forex course will highlight the benefits of the course to its participants. You can ascertain the course suitability by comparing the course objectives and benefits with your own personal objectives.

Second level Ė Interpreting signals and forex indicators:
Correctly interpreting signals and indicators is crucial for making precise trading decision. Interpreting chart patterns, market trends and currency pricing trends is covered in this session of the Forex course.

Third level Ė Factors affecting currency price movements:
Price movement in currency market is responsible for profit booking. A number of practical exercises will be given at this stage of learning Forex. Factors, which cause currency, price to change and methods of identifying these will be covered in detail.

Fourth level Ė Technical and Fundamental analysis:
Technical and fundamental analysis helps traders to analyze the Forex market before entering into trade deals. Both of these analyses are beneficial in Forex trading and traders usually combine results of both these analyses to base their trading decision. Therefore, it would be worthwhile to enroll for a Forex course that teaches this aspect in detail.

Fifth level Ė Forex trading tools and advice of course conductors:
Automated Forex trading tools are very useful in making accurate trading decision. Normally the course lecturers share their personal experiences and methods of trading with the participants at this stage. Method of compiling a trading journal is also covered in this stage.

Final level Ė Forex trading Tips:
Trading advice and tips are given to the participants in the last stage of a currency trading course.

Forex market trading is no longer the domain of large institutions alone. These days, general people are involving in Forex more and more. Now anyone can simply learn the basic of Forex trading education and start trading profitably in the market.

Learning Forex is like learning psychology, you really only learn theories and tests that have been carried out in the past and record these results. The problem with Forex although the market does repeat itself it also can be extremely random making any definite predictions hard to guess.

Forex traders are extremely disciplined and patient. They wait for the right trade set up, have a plan in place for their entry, and exit strategy; they do not deviate from this plan. It is the toughest thing in the world to stick with a trade that has suddenly turned against you even though all the signs tell you that it should be going to the right direction eventually.

To learn Forex from free information available on the internet is a great opportunity to start from the basics. Before you start to trade using real money, I would advise getting some professional help in the Forex market.

Learn Forex Trading | CommexFX
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  #96  
Old 10-12-2014, 06:09
Level IV Lasers Member
 
Join Date: Oct 2012
Posts: 190
Default Commexfx Careers

When it comes to financial services, the employees are the organisationís greatest asset. Only the human resources can ensure the high quality of our standards. At CommexFX we recognize and value this fact therefore in our pursuit of exceeding excellence, we are constantly seeking to recruit professionals with novel ideas, high determination and ambition to lead the industry with us.

Should you feel that you have the necessary qualifications and experience of our available positions do not hesitate to send your CV and cover letter at hr@commexfx.com. We will reply to you promptly.

Read More Careers | Online Forex ECN Broker | CommexFX
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  #97  
Old 15-12-2014, 08:07
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Join Date: Oct 2012
Posts: 190
Default The Art of Effective Forex Trading at the End of the Day by the working class

There are various categories of people who are on regular job, but also aspire to be effective traders in Forex apart from their staple work. Hence, they are supposed to handle the trading related to burials only at the end of the day Ė after the trading session is over. This requires some skills to be inculcated within yourself if you are such an aspiring incumbent. These have certain things related to planning and self discipline as well ó to achieve cherished results in Foreign Exchange business. Many people become emotional in dealing with the Forex market while dealing with it at the end of the day ó which damages the spirit and also results in loss.

The correct steps

One should always be objective while doing trading which demands planning and a structured method of acquiring the knowledge first and then participating in the market trading. Proper planning is essential to make yourself accountable for your trading account Ėwhich is the hardest portion as your own trading account performance is managed by you and no one to blame if it goes wrong. So first and foremost, it has to be considered as a separate entity if one wants to generate revenue from the account. The Trading account needs to be managed with utmost care to gain in the market. Finally, you should review the account statement everyday before and after analyzing the market price trends and four hour charts pertaining to everyday trading.

Forex Trading Attributes
If you over analyze the market and push or struggle more towards your speculation to turn true Ė the more stressed you will be and your trading account will suffer the most.One has to come out of his or her psychological hurdles first before participating in the business field. It is quite important to hold patience if one wants to excel in the Forex business market. In the Forex market, two unavoidable virtues required is patience and confidence which are interrelated. If one can analyze the market with patience and wait for the best price action setup before taking any decision in the market Ė the result will be in his favor, which in turn will increase your win rate. Continuous increase in win rate will give you confidence to boost up for the right trading pattern.

This is how one participates in the market with high accuracy which leads to high confidence resulting increasing success rate. Therefore, it is important for any trader, newcomer or veteran to judge oneís patience level and confidence level before involving oneself in forex trading.

Critical elements of Forex trading
The critical planning is very important and this is to be incorporated in every dayís trading plan which should be free of emotional hazards and should be totally objective oriented. Few steps are mentioned here. During Strategic entry in the market, the entry point is very important. The Risk associated with trading needs to be analyzed before entering the market. It is important at this stage to know about the Forex position sizing. Exit strategy should be documented or formulated before entering the market and not decided after entering. When you have not entered the trade you are in the best position to formulate the exit plan because you are not pressured by the movement of the trade.

Forex Trading at the End of Day by the working class | CommexFX
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  #98  
Old 16-12-2014, 08:17
Level IV Lasers Member
 
Join Date: Oct 2012
Posts: 190
Default The Foreign Exchange Market is the best Market to Trade

Forex or Foreign Exchange Market is one of the largest financial markets that have a regular volume of approximately 5 trillion dollars per day. The figure combines both dwarfing volume and future markets. Forex is certainly the best market where you can trade. The price in Forex is incredibly stable when compared to the other markets. Traders need not worry about slippage since prices remain stable in all market conditions. Besides these there are various other propelling factors that compel traders to trade in Forex.

Duration
In the Forex market traders can trade for 24 hours at a stretch since there is no closing bell. Forex markets are open on Sunday, Saturday. Traders like you can enter and exit the market whenever you wish to. Traders can take benefit of 3 different trading sessions while trading at Forex. Prices become extremely uncompetitive due to low liquidity while trading in after hour session.

Transaction costs are very low since trading is commission free. Generally the Forex brokers do not take any transaction charges since they are well compensated through various buildings and asking of the currency pair. Forex Market is more transparent when compared with the commodity market. It is pretty simple to comprehend the internal workings of Foreign Exchange Market. Economic reports, news, announcements on the market are widely available. Orders can be executed instantly in case of Forex; retail trading is generally done online through electronic platforms.

Speculation
The forex market can be easily speculated. Prices tend to shoot up and then touch the average mark. Repetitive patterns of Forex can be easily recognized by the trader. A trader can speculate the market easily since he is an expert in the analysis of price action. There is a general trend of Forex that needs to capture. It is not at all a chaotic or consolidating market.

The Forex market lacks the structural bias unlike other markets. Buying and selling is easy with Forex for there is no increased fee of selling short. Forex does not have the bullish bias which makes it easier for the traders to sell short.
Traders can trade for 24 hours in the Forex. There is no limit to trading and you as a trader will not be compelled to exit the market simply because the prices crossed the expected level, unlike in a futures market where there is something called Ďlimit upí and Ďlimit downí. In order to check volatility the traders are forced to exit the market and cannot even enter new positions. Trading for 24 hours is immensely beneficial for traders.

Availability of traders
Forex brokers are easily available online. One can start trading at Forex with a meager amount. Demo accounts are easily offered with the help of brokers at Forex markets that permits the trader to examine his trading ideas before risking something substantial.
Forex, the decentralized global financial market, is meant for the exchange of various currencies. There are many advantages of trading with Forex. With Forex there is an option of online trading which is highly suitable for the people of the wireless world. Dense liquidity, as a result of huge trading, makes it easier to enter or exit a position. The trading hours are highly flexible with greater scopes to enhance profits with the availability of greater leverages. Forex is an ideal market to trade in.

Foreign Exchange Market is the best Market to Trade | CommexFX
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  #99  
Old 18-12-2014, 08:07
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Default DAILY QUIZ - GUESS THE PRICE OF GOLD AND WIN $50.

Guess the price of the Gold at the closing time every day, post it in the comments section of this post and get a chance to win $50.

The first person with the closest answer will win $50 in his live trading account.

(If this is not your first time participating in the Pocket Money Everyday Competition, you do not have to open a new CommexFX Live account, but you have to refer 2 friends and post your CommexFX live account ID, along with your reply and the NEW CommexFX live account ID of your friends)

The fastest, closest answer wins the prize. It's that simple.

Contact us in Live Chat > Oops!

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  #100  
Old 13-01-2015, 08:31
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Default Russia Launches Its Golden Ruble

The ruble has been severely battered by sliding oil prices and continuously increasing tension in Ukraine. As result, it was capped at the lowest in the last eleven years. It climbed 0.3% and achieved a value of 46.70 per dollar in Moscow resulting in drop of 7.9% in its value in this week. The 7.9% cut in the ruble value is the highest since 2003. Moreover, ten-year bonds issued by Russian Government saw a decline for the third consecutive week. However, the Central Bank of Russia has pledged its willingness to support the ruble by adopting a strategy that indicates the launch of golden ruble by Russia.

After a steep decline of 3.7% in the ruble value, the central bank stated that it was ready to launch and enhance foreign-currency interventions and utilize other tools in the financial market to support ruble. This has been triggered by new fighting in Ukraine. Moreover, Brentís largest retreat during last thirteen years resulted in weighing on the Russiaís assets due to lack of currency intervention policies by the Bank of Russia.

It is evident that Russia is going to launch its golden ruble because it has responded to weakening currency by expanding its gold holdings. When plunging oil-prices and international sanctions were pushing the ruble to record low value as discussed above, Russia was adding to its gold holdings by converting its reserves in gold. Nearly 150 metric tons of gold bars have been purchased by the central bank of Russia during 2014 as stated by Elvira Nabiullina, the governor, while talking to lawmakers.

The estimated quantity of bullions purchased till September 2014 was only 115 metric tons. Thus, the central bank has added 35 tons of gold during past three months according to the data issued by IMF (International Monetary Fund). Russia purchased over 37 tons of gold during September that is the highest amount purchased per month since 1998. It was stated by Ole Hansen, an official at Saxo Bank in Copenhagen, that gold market has struggled to find any friends in the recent past. However, the news of Russia buying large quantities of gold renders some support to this market. The gold reserves of Russia have tripled since 2005 as it is currently ****ding nearly 1,185 tons. Russian policymakers have been increasing interest rates for last four months in order to control capital outflows and strengthen the currency.

The gold ****ding by Russia may be an indication of the plan to launch its golden ruble as Gaddafi, in Libya, had plans to introduce a gold dinar. It would be a single currency made of gold and would ensure fair sharing of wealth. If some nations of the world join together to create the golden ruble, it may rival the euro and dollar. The trade between the allies may occur in golden ruble. The launch of golden ruble may shift the financial balance of the globe. After this launch, the wealth of a country would depend on its gold ****dings instead of dollars and Russia has the fifth largest gold reserves at the moment.

http://www.commexfx.com/russia-launc...-golden-ruble/
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  #101  
Old 23-01-2015, 06:05
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Join Date: Oct 2012
Posts: 190
Default CommexFX Trade Mate App makes trading easier than ever

With our years of experience in trading, at CommexFX we see the challenges of trading on a daily basis, and they mainly lay in the complexity of market analysis and price predictions. Both novice and professional traders can make great use of some help to ease their trading, hence comes our new partnership with Trade Mate to present you with the CommexFX Trade Mate Application, designed with our tradersí best interest in mind.

Trade Mate was specifically created to eliminate the challenge of analysing markets, instead users of the app need to concentrate on no more than the actual trading process for they will receive daily market predictions on all financial instruments before the marketís open.

The application draws on over seven years of testing in simulated and live trading environments allowing the delivery of predictions with a 77-95 percent accuracy rate. Trade Mate does not stop at simple market prediction;, users of the application will receive an expected high and low for each financial instrument, predicted market positions, assessment of the predictions and tactical trades against actual data, and the best opportunities with the highest accuracy level to trade on will be flagged with a ĎThumb Upí icon to notify you of your best chances for a successful trading session.

CommexFX Trade Mate App was created and designed with utmost accuracy, all the predictions and tactical trades are furthermore reviewed and assessed against actual market data as it happens, predictions and trade suggestions are cross verified against time and sales settled orders to show total transparency of the success rate of the predictions.

Every product in the appís predictions is analysed across numerous markets, time frames and types of trades involved. Lastly Trade Mate predictions are evaluated the following day against actual market data to further assess our success rates. Through all these comprehensive assessment methods the app ensures credibility, durability and the promise to constantly deliver the best and most accurate predictions to enhance your trading.

Itís time for every trader to lose all the stress and worry caused by the constant need of market analysis. Itís easy to do so by trusting Trade Mate to guide you in the right trading direction on a daily basis. Trading will be easier and more successful than ever with CommexFX Trade Mate Application.
Trade Mate App | CommexFX
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  #102  
Old 28-01-2015, 09:30
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Join Date: Oct 2012
Posts: 190
Default BRICS and the USD

The annual summit of BRICS is always accompanied by a lot of discussions about the changes in the current system of global economy which is currently dominated by the US dollar. However, the recent meeting of BRICS leaders announced two concrete steps to signal the end of the USD hegemony in the international trade. The foremost is the establishment of $100 billion fund to compete with the International Monetary Fund and the other step is to create a development bank with initial capital of $50 billion. The BRICS countries are gaining more economic power with the passage of time but they need more political callout to match it. The financial system established and supported by western powers and dominated by the USD.

Under the current financial system the BRICS have to trade in the unstable USD. As a result, their economies keep on swinging with the fluctuations in the USD. From the perspective of forex traders, it is vital to know the extent to which the BRICS will affect the USD in the foreseeable future in order to make safer deals. It has been argued that the current financial system is outdated and ill-suited for the future economic powers. As you know, the forex trade is the way currency exchange rates are established and set. The BRICS are trying to trade in currencies other than USD. This practice can alter the current balance in international trade that, in turn, will affect the forex trade.

In addition to the development bank and a pool of $100 billion reserves, the BRICS are making a series of currency related agreements to gain control over the financial imbalances involving developing countries. Currently this function is being performed by the IMF. Russia, one of the two economic giants in the BRICS, has recently announced that it is looking to sell its petroleum and gas products for rubles because of the damage done by dollar monopoly in the global energy trade. On the other hand, China is looking to establish its currency ĎYuaní as the currency for international trade and has achieved success to some extent. Therefore, the USD is expected to be affected by these moves in future. The close association of BRICS may accelerate the process as their economic power increases in near future.

The clear indications from Russia to shift away from the USD provide a clear insight into prospective impacts of BRICS on the USD. This process has been enhanced by the US and the European sanctions against different countries because they readily accept to trade in the regional currencies. Another crucial element in this regard is the strong economic alliance between BRICS countries. As far as the impacts of BRICS on USD is concerned, it has the financial power and influence to establish a currency that can challenge the USD as an alternative for international trade. However, ground realities show a complicated and problematic scenario to make it happen as the BRICS are not ready to commit the necessary resources for this purpose.

BRICS and the USD | CommexFX
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  #103  
Old 02-02-2015, 07:09
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Posts: 190
Default Profitable Forex Strategies and Techniques

Most Easily Adaptable but Profitable Forex Strategies and Techniques

Due to the extremely high chance of making thousands of dollars within few hours, large and large numbers of people are becoming part of the Forex Market on daily basis. However, not all of these new entrants get the success. Not even the experienced traders get it quickly. The key to success in Forex market is to come up with profitable Forex strategies and techniques to make the money. Above all, people are required to be the patient throughout their experience as a Forex trader. There are only few financial partners doing their businesses in Forex Market by providing the clients with best risk management and strategies to invest their money through.

What are Profitable Forex Strategies and Techniques?
It is not easy for a beginner or even an experienced person to carry out the Forex transactions in profit. A reliable financial partner like CommexFX is always required to get the guidance from. Following techniques and strategies are helping almost all the people in Forex market for their universal nature.

Be Patient While Setting Goals
It is not like you enter the Forex market and start earning from the very first day. You might get to see some profits in starting moments of your experience. But these will not long last as Forex market keeps on changing the rates all the times. So it is necessary for an investor to remain patient throughout his or her Forex experience and must get the offers from the platforms like CommexFX.

Analyze the Situation Well
It is essential for the investors to analyze the market trends both technically and fundamentally. This analysis cannot be done by inexperienced individuals and services of the famous brokers are always required. These professionals let the people know about the profitable Forex strategies and techniques and help them to turn the impossibilities into possibilities.

Profitable Forex Strategies and Techniques | CommexFX
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  #104  
Old 04-02-2015, 06:23
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Default Best Forex Risk Management Strategies in Forex Trade

How to Get Best Forex Risk Management Strategies in Forex Trade?
On one side where Forex Market provides the people with a daily trading volume of about three trillion dollars, then on the other hand it may cause huge losses too. One has to come up with a very smart Forex risk management strategy in order to earn money successfully. However, one cannot earn the money or can get the profits all the time in his/her every single move. This is a platform where one has to deal with the risk in order to get the profits. It is all about winning or losing in this trade. But how to come up with the portfolios that provide the best risk strategy is based on the experience of investors and traders.

Role of Brokers in Forex Risk Management

A financial partner or a broker can be as beneficial as your true friend, and it can be as bad as your worst enemy. All that an investor is required to do here is to look for the most reliable and trustworthy financial partner. They must look for the one that has earned the best repute in the Forex trade market. A partner like the CommexFX makes your Forex trading very easy and beneficial for you. It becomes easier for the individuals to trade in the Forex market on the basis of suggestions by these brokers.

Best Investment Portfolio by Brokers

There would be no exaggeration in saying that an individual with a fresh exposure to Forex trading cannot make up the best portfolio for the investments. Financial partners like CommexFX provide the people with best Forex risk management strategies that turn out to be very successful even after the major decisions by leading contributors. At one point, if you lose in one currency, but you get the huge profits in the other that your net profits come out to be huge in the end.

Best Forex Risk Management Strategies in Forex Trade | CommexFX
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  #105  
Old 05-02-2015, 06:48
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Default FX Trading Account

Role of Financial Partners in Opening an FX Trading Account
Forex Market has been the worldís largest market for the trade of currencies from all over the world. With a trading volume of almost three trillions per day, this platform provides many facilities to the investors and traders that are a part of this market. However, it provides the people with a chance to start their trading experience with a practice FX trading Account through which they lose nothing and learn the skills of trading successfully in various scenarios. People can get these practices account opened with the Forex Market and can get to know the trends of market at different times.

Where to Open FX Trading Account?

People can get the FX trading account on their individual basis as well. However, they are always recommended to open an account with a reliable broker dealing in this market so that it may guide them at times. CommexFx is the best financial partner in this regard for the traders of the Forex market. The strategies and policies adopted by this firm have always been proving successful for many years. People can get their accounts opened through CommexFx in order to get the safe investment strategies and portfolios.

Requirements for Account

There is only the basic information required in order to get an FX trading account. One does not have to go into any sort of complexity during this. Especially this process becomes much easier when you get the assistance from a reliable broker or financial partner. Your financial partner like CommexFx recommends you the size of initial investment by you. Moreover, it helps in getting the maximum leverage that will be suitable for your investments. In this way, a financial partner in the Forex Market helps you right from the beginning. People are always recommended to get their trading accounts opened through CommexFx for safe and profitable transactions in Forex Trade.

FX Trading Account | CommexFX
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  #106  
Old 11-02-2015, 08:10
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Default What Do the Term Bulls and Bears Mean?

Bulls and bears are very common terms that one may get to hear during the trade in Forex market. A bullish trend refers to the increasing prices of one currency or in the overall market. On the other side, the bears refer to the currencies that are experiencing the decline in their prices due to small volume of trade. People can make advantages of trading in these bulls and bears by making the investments at right time. CommexFx has been providing the assistance to the people for many years in identification of bulls and bears in the market.

What Are Bulls And Bears and How To Identify Them in Forex Market?

Forex market is where providing the investors and brokers with huge profits against minor investments, then on the other side it is also making the sluggish people go penniless. In such a vigilant and competitive environment, one has to be very active all the time to watch for the bulls and bears in the market trends of the Forex market. To identify such trends in either the whole market or in any of its sector, one has to be in contact with his broker on frequent basis.

Role of Financial Partners in Identifying Bulls and Bears

It is not easy for the people belonging to different fields of the life to monitor the market trends all the time. They have to manage their chores as well and this might make them lose some potential profits that could have been made in few moments of the day. This is what your reliable financial partner just like CommexFx does for you. It lets you know instantly whenever it happens to be a chance to earn profits by trading in various currencies. Their role is to identify the bulls and bears in the market and take advantage of these trends by taking appropriate measures.

What Do the Term Bulls and Bears Mean? | CommexFX
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  #107  
Old 12-02-2015, 06:53
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Default ECN Forex Brokers with MT4

What Makes Investors Choose ECN Forex Brokers With Mt4?

Forex market is now becoming the point of focus of almost every person who intends to invest his money in securities and capital as well as in money market. Being the largest money market, Forex market offers the people with extremely convenient platforms and facilities like ECN Forex brokers with MT4. A large number of brokers are listed on this platform that and are offering their clients with transparent, clear, and extensive information to take the investment decisions with confidence.

Characteristics of ECN Forex Brokers with MT4

There are large numbers of traits that are linked with the brokers belonging to this category. These brokers make the information readily available to the people in their clientele. Even all of the offers and asking or bidding prices made by the investors are made accessible to all the members of this category. Anyone can get to see the information and can make appropriate decision based on the information available on this. In this way, all the investors linked with the ECN Forex Brokers with MT4 can avail the freely available information which plays a pivotal role in risk management and decision making.

Advantages of ECN Forex Brokers with MT4

Forex trade is not that easy to do as it may seem to be. One has to be very vigilant in order to reap the advantages from this platform. However, if you are associated with any of ECN Forex brokers with MT4, then you can really make this experience exciting for you. One such broker is the CommexFx that makes the trading experience of investors wonderful. All the investors that are registered with the CommexFx can make the decisions after the guidance and support of this financial partner. This is a strong recommendation to all the people to open up their accounts with CommexFx in order to feel the differentiating advantages in this field.

ECN Forex Brokers with MT4 | CommexFX
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  #108  
Old 12-02-2015, 07:41
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Default Demo Trading Account

Outstanding Benefits and Minimal Requirements of Demo Trading Account

With the rising fame of the Forex trade, there are large numbers of people that are getting the practice for this trade by using demo trading account. Forex market provides the individuals with all the resources to make them perfect for the online Forex trade. For this purpose, it has allowed a large number of official financial partners like CommexFx to let their clients start with a free demo account for Forex trade. Utilizing the facility of this account, one can become a professional trader and investor by updating him or her-self with market trends all the time.

Why One Must Use Demo Trading Account?

Mentioned below are large numbers of the benefits that are associated with the demo trading accounts:

ē One is not required to invest his/her money.
ē Can be opened for free with leading brokers.
ē These provide the people to observe the market trends.
ē Buying and selling prices can be seen live.
ē One gets the experience of Forex trading without investing a single penny.
ē One can trade 24 hours a day throughout the 5 working days of Forex trade.
ē It provides the people with up to $100,000 of virtual money.

Requirements of Demo Trading Account:

In order to open up a demo trading account with the leading financial partners in Forex market, one has to provide only the basic information. There are no hard and fast rules for signing up with Forex market through demo accounts. However, in order to get the best practices and skills, one is suggested to get the demo trading account opened with a reliable and trustworthy financial partner like CommexFx. Such a reliable financial partner makes the trading experience memorable with the best strategy formulation to cope with the risk. In this way, one not only gets the access to the largest money market in the world, but also gets the hands on in developing the best risk management strategies.

Demo Trading Account | CommexFX
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  #109  
Old 13-02-2015, 07:42
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Default Automated Forex System Trading

What Is Automated Forex System Trading And How Is It Beneficial?

Forex trading is now providing the millions of people with an automated Forex system trading in which people can utilize a pre-programmed trading system for their Forex trade. There are large numbers of advantages that can be availed with these automated trading systems in Forex market. However, before going for an automated trading system, one has to understand how it works.

Concept of Automated Forex System Trading

An automated Forex system trading is the trading in Forex market that is executed on the basis of computerized programs. These programs are designed and developed on the basis of best strategies for the trading. One can get this program developed according to his or her own trading approach. This would be a customized automated trading in Forex market. On the other hand, one can also get the pre-programmed automated systems that can be installed on the computer. These automated systems can run on the basis of robotic Forex trading. In addition to this, these programs can also be designed on the basis of signal based trading.

Advantages of Automated Forex System Trading

Investors can reap the numerous advantages out of these automated trading systems for their online Forex trade. These trading systems keep the people in touch with the largest money market all the time through their computers. Moreover, on the basis of automated Forex system trading, large numbers of trading transactions can be made that are unable to carry out otherwise. It signals the people with best offers and strategies that can be taken on for profitable investment decisions. CommexFx is the best and reliable entity that provides the best automated systems to its clients. However, there are likely chances of a fraudulent trade as well through these automated trading systems. But still, people can take the advantages and make the money online with the help of these automated trading systems in the Forex trade.

Automated Forex System Trading | CommexFX
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  #110  
Old 16-02-2015, 09:00
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Default Foreign Exchange Trading Platforms

What Are Characteristics Of Best Foreign Exchange Trading Platforms?

In order to give boost to the monthly income, many salaried individuals are now investing their money in Forex trade. The reason of this investment is that Forex trade is providing the people with an absolute platform to generate the money with the small amounts. However, one has to be very careful and cautious in doing this trade as it may drain all the resources if one does not monitor its trends regularly. There are great numbers of foreign exchange trading platformsthat provide the people with facility of conducting the Forex trade through proper channel.

Important factors related to foreign exchange trading platforms:

In order to start the foreign trade, one has to look for some of the outstanding characteristics in the platform that one chooses for him. Following are the important factors that one is required to give attention to before choosing the one:

ē If is it free to avail? What are the additional features it provides after charging any sort of fee?
ē Technical indicators it offers.
ē Interface for the orders and types of orders that are made available to all.
ē Does it support back testing the strategies?
ē Has it API for the additional programming?
ē Does it provide the historical data as well?

Why to Look for the Best Foreign Exchange Trading Platforms?

On the basis of above mentioned characteristics, one has to select the best platform to carry out the Forex transactions most effectively and profitably. CommexFx, in this regard, makes the bestforeign exchange trading platforms available to its clients. One can open up his or her account with CommexFx so as to get the best financial partners for their online trade in this market. In this way, one can not only give boost to his or her earnings but also can get the best returns out of the savings that he or she possesses.

http://www.commexfx.com/foreign-exch...ing-platforms/
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  #111  
Old 17-02-2015, 07:45
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Default ECN/STP forex broker

The foreign exchange market is the decentralized market, where different currencies of different countries are traded. The forex market is increasing at the high pace, because of the less volatility than other type of markets like stock and commodity market. The major players in this market are large commercial banks and it also function as the market makers in the forex market, so it is also known as the interbank market. Small players do not have enough access with the interbank market, so the forex brokers helps them to directly connect with the real market to trade with the best competitive bid/ask rates.

Thus the forex brokers use two types of models that are ECN (Electronic communication network) and STP (Straight through processing) and are also known as the ECN and STP broker respectively. Both are also known as the non dealing desk, as there is no intervention and the broker can place their client orders without any hindrance.

The ECN broker uses the electronic system, where the quotes from their clients are directly displayed to the market, where all other traders are also trading with each other. The ECN brokers just matched the quotes from their clients with various liquidity providers who are connected to the network and process it. This gives the client to trade on the real market prices, thus there is no chance of arbitrage. So, the ECN brokers earn profits only from the commission charged to the user of the network. There are some fixed commissions per transaction, so more the trading volume by their client, more commission ECN brokers will get.

The STP brokers are somewhat similar to the ECN brokers with the very slight differences. On receiving the orders from their clients, the STP brokers will place this orders to the liquid providers. Now here the different STP brokers are connected to the different liquid providers, so getting access to the limited liquid providers. Such brokers earn profits by charging commission and increasing the spread. The brokers increase the pip of the bid/ask quotes given by their liquid provider by few points and place this quotes to the client, and thus the difference between the pip of liquid providers and the broker is brokers profit.

There are various ECN and STP brokerage companies across the world and each brokerage company has different schemes and programs. There is the quite noticeable difference in the commission rates between different ECN and STP brokers. So select the brokers, where you can get more benefits. The selection of brokers is very tricky, as all STP and ECN brokers are not genuine. Some brokers route their client orders to the artificial market, instead of the real market. So, there is the need of proper research and have to go through the reviews of the company and whether they are using such models before starting with them. You can go with either ECN or STP brokers depending on your requirements, as both are having their own benefits.

ECN/STP forex broker - Commex FX
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  #112  
Old 18-02-2015, 06:41
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Posts: 190
Default Choosing a Forex Trading Platform

Nearly twenty years ago, there was only one trading platform: ĎThe Phoneí. Trading was not difficult. All you had to do was pick up the phone, call your broker and tell him what you would like to trade. Currencies, stocks, bonds and commodities; all the investment type trades were done through this approach. Fast forward two decades, and the scenario is different.

Brokers are still around, however the platform has changed Ė now the whole thing is done online through software called Ďtrading platformsí. With a large number of brokers and alternatives available, it can be a difficult to find the right one.

There is a great variety of forex trading platforms and choosing the right one is quite difficult for beginners. However, you have to consider quite a few factors before diving into markets, mostly when you are a beginner. Letís discuss about the options.

MetaTrader 4 and MetaTrader5

MetaTrader is an electronic trading platform generally used by online retail foreign exchange traders. Built by MetaQuotes, a Russian company, back in the early 2000ís, the several versions of MetaTrader have made reliable followings among forex traders.

MetaTrader4 is the most popular trading platform in the industry right now for a couple of reasons. First, MT4 is powerful but comparatively easy to use, and there are thousands of YouTube videos presenting how to make use of it. Next, MT4 permits you to employ custom trading indicators and program to trade automatically, making it very popular among active traders and those looking for auto-trading signals.

As MetaTrader4 is surely a good platform to trade on and has an extremely large number of users, it is not without its problems. Basically, the infrastructure of MT4 platform itself is getting older Ė although MetaQuotes often updates the software, it is considering a decade old and the latest MetaTrader5 has yet to see extensive adoption among brokers.

MetaTrader is not supposed to be your best option if you never think of using automated trading. However, if you want a simple, flexible, handy trading platform with lots of useful indicators and trading tools accessible for free, MT4 is a better way to go.

C Trader

A latest competitor to the world of forex trading platforms is cTrader, another broker agnostic platform. Although not almost as extensive as the MetaTrader platforms, cTrader is popular among more trendy traders mostly because it possesses faster execution times than MT4, has a professional and apparent interface, and because it shows whatís called Ďliquidity in second tierí.

In the MT4 platform only one price for a particular currency pair is displayed. That price is the best offered price for a selected pair. With second tier liquidity you can get not only the best offered price, but also the second and third available price. This ensures more simplicity into the marketplace and is effective when opening large orders.

C Trader is gaining steam in the forex industry and is certainly a solid platform, but it is only been accepted by a small number of brokers. If you are in search of a platform that provides a good selection of useful trading tools, multi-tiered liquidity, and fast execution, cTrader should obviously be a best choice for your forex trading platforms. If you are more concerned in automated trading, or if you donít do technical analysis effectively while trading, cTrader is perhaps going to be overkill.

Now What?

So now you have it Ė a swift rundown of just a couple of the dozens of forex trading platforms out there. Now, whether you are a novice trader or an old professional, industry standard platforms like MT4 are always an excellent platform to trade. If you want more powerful and more sophisticated pricing, you may want to consider something like C Trader.

Choosing a Forex Trading Platform - Commex FX
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  #113  
Old 19-02-2015, 08:20
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Default Forex Trading Education: Things you should know

How difficult is it to generate profits while trading the Forex market? How many days does it take to really be able to make earnings trading the Forex market? In this article we will try to shed light on some of the most important aspects of Forex trading.

Trading the Forex market has many advantages over other financial markets, among the most significant are: 24hrs market, high liquidity, better execution, and others. Investors and traders find the Forex market as a new diversifying opportunity because of these advantages. Does this signify that it is easy to earn money trading the Forex Market? The answer is not at all.

Forex brokers have the same opinion that 90% of traders end up losing capital, 5% of traders end up at break even and only 5% of them get consistent profitable results. With this information given, I do not think trading to be a simple task. However, is it difficult to master any other endeavor? I do not think so, suppose writers, musicians, or even other industries, the success rates are about the same.

So, now that we know it is difficult to gain consistent profitable results, a must question would be, Why is it that some traders are successful while others fail to trade profitably in the Forex market? There is no complicated answer to this question, or a guideline to follow to achieve regular profitable results.

What we all do know is that successful traders think in a different manner. That is right; they do not go after the crowd, although they are an independent part of the crowd.

A few things that divide the Successful traders from the rest are:

Education: They are splendidly educated in the matter; they have preferred to learn every single and significant aspect of forex trading. The successful traders know that each and every trade is a learning experience.

Forex trading system: Successful traders have an effective forex trading system. They have the patience to follow it accurately, because they know that only the trades that are followed by a good system have a better rate of success.

Price actions trading: They have included price actions into their trading strategy. They know price action has the power.

Money management: Everyone knows that money management in forex trading is a significant aspect of success. After all, you cannot be successful without funds in your trading account.

Trading psychology: Successful traders are aware of every psychological matter that affects the decisions while trading in the market. They have accepted the reality that every single trade has two possible results, not just the winning side.

These are the most significant aspects that influence the success rate of Forex traders.

We realize now that it is quite difficult to gain profits trading the Forex market, but it is not impossible. We also talked about the most significant factors that influence the rate of success of Forex traders. However, how much time does it take to get consistent profitable results? It fluctuates from trader to trader. For some, it may perhaps take a life time, and they still wonít get the desired results, for some others, one or two years are enough to obtain consistent profitable results. The answer to this question may vary, but what I would like to make clear here is that trading profitably is a development, it is not something you can do in a short period of time.

Trading effectively is no easy task; it is a development and could take years to get the desired results. There are a few things; however, every trader should take in consideration that could accelerate the process: having an effective trading system, education, using money management properly, being conscious of psychological matters and discipline to follow your trading strategies and your trading plan, among others.

Read More : Forex Trading Education: Things you should know - Commex FX
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  #114  
Old 20-02-2015, 08:16
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Default STP broker forex Ė Straight Through Processing

The forex market being the largest market in the world, the investment in the currency trading is continuously increasing. As there is always risk associated with the trading, well versed knowledge regarding going trends in the forex market is very essential. There are many other factors that need to be regarded while trading. Thus to avoid the risk due to the unawareness to the trading system, trading through the broker will bring many benefits to the trader.

The broker using the model name STP (straight through processing) is known as the STP broker. The STP brokers act as the mediator between their client and their connected liquid providers which can be bank, another broker or any investor, etc. This is the electronic process, where the client places their order to the broker and in turn brokers will directly place their clientís quotes to the liquid providers. The broker will then find their appropriate liquid provider and ask the liquid provider to execute the deal. The brokers earn profits through the fixed commission charged by them for the single trading. Thus the more trading volume carried out by the client, the more commission will be earned by the client. The commission charges vary as per the different STP brokers.

Sometime, the STP brokers also acts as the market maker in which they try to manipulate the ask/bid rate obtained from their liquid providers to gain some profits. They will find the liquid provider with the appropriate bid/ask rates and change the pip value of the given quotes by few units say 0.3 to 0.5, before presenting that quote to their clients. The difference in the increase of the spread will be the profit for the STP brokers. Thus adding the mark up to the received quotes, there is the scope of getting the varying spread every time.

As the STP brokers can process the clients order without any intermediation, they are considered as the non dealing desk brokers. So there will be no delay in the processing of the clients orders and will provide the transparent trading system, where the clients are assured that their orders are routed to the real market, instead of artificial market. Also due to the less processing time, there is also the less risk of settlement. This is the main reasons behind the selection of the STP brokers by the clients. Also through the STP brokers, the clients can get the chance to trade on the competitive bid/ ask rates, due to the presence of wide range of the liquid providers who can also provide client more liquidity.

Thus there are many benefits of trading through the STP broker. Certain brokers also provide other services like everyday market trends, guide to trade, etc. But along with the benefits, it is also need to take care that the STP broker, you are selecting is the true STP broker. Because there are many brokers available in the market, which does not transfer the clients order to the true market. Thus the selection of STP broker should be done very carefully.

STP broker forex - Straight Through Processing - Commex FX
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  #115  
Old 23-02-2015, 08:24
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Posts: 190
Default The Future of the Forex Industry after the Swiss Francís Cap Sudden Drop

In the financial sector, having a fluctuating currency which is not only predictable but also unstable is one of the greatest aims. When there is a sudden drop in the value of a currency, a number of negative effects on the market follow.

This is exactly what happened on January 15, 2015 when the Swiss National Bank (SNB), removed the cap that had been placed on the franc against the euro. But what are the consequences of this action? What is the future of the forex industry? Letís discover the answers to these questions in this article:

One of the industries that will be hit the hardest by this move is the Swiss export industry. The exporters have suddenly found themselves in an undesirable position as their products command less competitive rates in the overseas markets compared to what they commanded before the cap dropping. This has led to the drastic decrease in the price of shares and hence resulting in losses by the stockholders.
This move has also laid fertile ground for the central bankís opponents who are most likely going to oppose any such drastic moves in the future. This has already been experienced in the past when in December of last year, a referendum was held in order to convert a majority of the bankís foreign exchange into gold which is more stable. Even though the initiative failed, the latest move by the bank has given the opponents enough power for any future campaigns.
The SNBís monetary policy will have a ripple effect on major financial institutions in other countries. It will make markets quite skeptical on whether such policies in other institutions will stand the test of time. It would therefore discourage investors from pumping their money into the forex industry. With reduced investor confidence, less money will flow into the forex industry thus decelerating growth in the sector and effectively slowing down economic growth in other sectors as well.
Another prominent predictable effect of this move is the fall of the Swiss stock market. Most investors were shocked and caught off guard by this action and have continued to sell their equities and shield themselves by running from the franc itself or gold. Even those who are still holding onto their equities are mostly doing so in anticipation of the stabilization measures they expect from the SNB as well as the European Central Bank to undertake.
This move may also work against the strides made so far in the recovery of the global economy from the 2008-09 recession. According to the International Monetary Fund, this action may result in the Eurozone and Japan being held in a world of slow growth and low inflation for prolonged periods of time.
This would be a blow to the health of the global economy whose growth is still too brittle, too low and too lopsided to withstand such situations. So, the forex industry needs to pay a lot of attention in making itself successful.

The Future of the Forex Industry after the Swiss Franc's Cap Sudden Drop - Commex FX
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  #116  
Old 25-02-2015, 08:58
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Posts: 190
Default Going Short or Long ĖStrategies for Successful Trading Decision

The Forex market is fast becoming a focal point for millions of new entrants due to its unique and extremely beneficial qualities. We are seeing a wave of people that have learnt how to make clever investment choices in order to benefit from the market. However, going long and going short are two strategies in Forex that may take slightly longer to grasp, but once a thorough understanding has been reached you will be able to make clear and crucial decisions in order to be profitable. Below we will examine the two main strategies mentioned in detail in order to clarify.

Going Short

This trading strategy is when we sell the base currency in order to buy it at a later stage when the price begins to drop, thus gaining return from the transaction. For example, if the current GBP/USD is 1.5345 meaning we pay 1.5345 Dollars for one Pound Sterling, and we have $1000 dollars, we would sell the Dollars in order to purchase the Pound Sterling. This is carried out when one anticipates the cost will once again drop in a short period of time. Once the price drops for example GBP/USD drops to 1.5350, this implies that more Dollars can be purchased with the same amount of Pounds that we obtained in the beginning. In other words one can keep the additional Dollars as profit, which he simply earned by considering the dollar as the base currency.

Risk in Short Position

As with all financial markets, forex has the same amount of risk involved. One can expect the risk of prices going in the exact opposite direction than originally expected, causing you a loss instead of profits. For example, if the GBP/USD gets to 1.5340, one would not even get the same amount of Dollars that he sold initially. This strategy is only profitable if prices drop.

Going Long

In the Forex Market, going long refers to buying of currencies with the intent of reselling them at a later stage once the price increases. Should one notice an increasing trend of a currency for a long period of time, then buying would be the correct option and keeping the trade open until we see the price reach its maximum point before reversing. For example, GBP/USD is showing an increasing trend for the past few hours or days and the current price is 1.5400 and it is increasing in price, then you can sell the Dollars to purchase the Pounds and wait for the prices to get to the desired level. You could sell when the price gets to 1.5500 and that yields you more Dollars than your initial investment.

Risk in Long Position

There is the risk of the price declining once you have purchased the currency. In this situation, your loss would equal the difference in the price at the point which you bought the currency and the price at which you are selling it. Regardless of which position you open or the investment in Forex market, all you have to know is the market trend and the economic conditions of the base currency.

Going Short or Long ?Strategies for Successful Trading Decision - Commex FX
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  #117  
Old 27-02-2015, 06:53
Level IV Lasers Member
 
Join Date: Oct 2012
Posts: 190
Default The Future of the Forex Industry after the Swiss Francís Cap Sudden Drop

In the financial sector, having a fluctuating currency which is not only predictable but also unstable is one of the greatest aims. When there is a sudden drop in the value of a currency, a number of negative effects on the market follow.

This is exactly what happened on January 15, 2015 when the Swiss National Bank (SNB), removed the cap that had been placed on the franc against the euro. But what are the consequences of this action? What is the future of the forex industry? Letís discover the answers to these questions in this article:

One of the industries that will be hit the hardest by this move is the Swiss export industry. The exporters have suddenly found themselves in an undesirable position as their products command less competitive rates in the overseas markets compared to what they commanded before the cap dropping. This has led to the drastic decrease in the price of shares and hence resulting in losses by the stockholders.
This move has also laid fertile ground for the central bankís opponents who are most likely going to oppose any such drastic moves in the future. This has already been experienced in the past when in December of last year, a referendum was held in order to convert a majority of the bankís foreign exchange into gold which is more stable. Even though the initiative failed, the latest move by the bank has given the opponents enough power for any future campaigns.
The SNBís monetary policy will have a ripple effect on major financial institutions in other countries. It will make markets quite skeptical on whether such policies in other institutions will stand the test of time. It would therefore discourage investors from pumping their money into the forex industry. With reduced investor confidence, less money will flow into the forex industry thus decelerating growth in the sector and effectively slowing down economic growth in other sectors as well.
Another prominent predictable effect of this move is the fall of the Swiss stock market. Most investors were shocked and caught off guard by this action and have continued to sell their equities and shield themselves by running from the franc itself or gold. Even those who are still holding onto their equities are mostly doing so in anticipation of the stabilization measures they expect from the SNB as well as the European Central Bank to undertake.
This move may also work against the strides made so far in the recovery of the global economy from the 2008-09 recession. According to the International Monetary Fund, this action may result in the Eurozone and Japan being held in a world of slow growth and low inflation for prolonged periods of time.
This would be a blow to the health of the global economy whose growth is still too brittle, too low and too lopsided to withstand such situations. So, the forex industry needs to pay a lot of attention in making itself successful.

CommexFX discusses > The Future of the Forex Industry after the Swiss Franc's Cap Sudden Drop - Commex FX
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  #118  
Old 02-03-2015, 23:29
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Default Bankers or Thieves?

The financial sector, especially the banking subsector; has a lot of players involved. However, not all these ply their trade in the honest manner they should. This leaves many people wondering if they are actually bankers or thieves in disguise.

This article seeks to address this question by focusing on a number of illegal activities that have been done in the past and are still being perpetuated by some banks, albeit under the table. These include:

Charging Negative Interest Rates

Normally, depositors usually expect the money that they deposit in banks to gain interest over the period of time that it is kept there. However, this is not the case when some banks decide to do just the opposite: they charge for depositing money with them.
This has been done in the backdrop of economic instability such as the current situation in Switzerland, where the Swiss National Bank is charging a -0.25% interest on large depositors. This and similar moves by such institutions discourage investors, as it passes the burden of poor economic policies by the regulators on the bank clientele.

Trading Toxic Debts

This is another activity done by banks that very much disadvantages investors and reduces their confidence in the institutions. It has been likened to corporate gambling.
The practice involves loaning out money to people or companies that have little chance of paying back the debt at all or with interest. This may lead to an economic crisis and massive financial loss.

Creating Fake Investment Sectors

This is a practice that is against international security laws and involves inducing investors to make sale or purchase decisions based on fictitious information, thus leading to the investors losing their money or stock.

False Financial Reports

Often, financial institutions have been found to produce and present fake financial reports that are either aimed at hiding some illegal activities that go on in them, or to portray themselves as being in a better financial position than they actually are.

Money Laundering

Moving money from the underground to the mainstream economy as well as tax evasion maneuvering acts are sometimes executed with the help of banks which pass the money through their chains. This works against the mainstream economy as the appropriate tax money is not injected into the economy. It also serves as a means of funding criminal activities.

A case study is how it has just been alleged that HSBC was involved in a tax evasion scheme that saw its CEO shelter millions of pounds in a Swiss Bank account.

Running Away From Taxes

The banks themselves have sometimes been involved in illegal activities aimed at shielding them from taxes. One such example is the BMP scandal which exposed massive irregularities in the sector.

Ponzi Schemes

The Ponzi scheme involves banks paying dividends to older investors using the capital that has been invested by newer investors instead of the profits that they have rightfully earned.
One of the well-known example of such activity was the massive Ponzi scheme at Goldman Sachs investment bank, where the conglomerate was ordered to pay up to $10 million as claim to all the investors who had fallen victim to the fraud.

Bankers or Thieves? - Commex FX
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  #119  
Old 04-03-2015, 06:34
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Default Benefits of Using a Forex Trading System

Trading in forex being mainly a speculative practice, can be quite demanding on the trader. However, not all people wishing to do so may be financial experts or adept at analyzing the complex forex data. All they want is to place their currency where there can be maximum returns with little effort. This is where forex trading systems come in. They help you do all the hard work.

Benefits of Using a Forex Trading System

There are several benefits associated with utilizing these systems for trading in forex. Some of these include:

Quick analysis- Since these systems are computerized, they are able to do complex market analysis in the twinkling of an eye. This saves the trader a lot of time and energy which could have been used if they did it manually. Furthermore, these analysis are highly accurate and are displayed in graphs or tables that are easy to synthesize.
Trends- the systems are able to model possible future trends in the forex market by use of historical and current data. This enables the trader to get a rough picture of how the market may fair, thus enabling them to make the best moves and employ the most effective strategies in response to this output.
Unlike us humans who can get carried over by emotions such as greed and fear, a forex trading system places trading orders purely by analysis of data to come up with the best. This ensures that you only trade in shares which will most likely rake in profits.
Frequently Asked Questions Regarding Forex Trading Systems

Many people wishing to start using or even those already using these systems have a lot of questions regarding them. If you are one of them, have no worries, for you will find this section extremely helpful as all these queries will be answered in a very clear and detailed manner.

How Do They Work?
This is the most basic question that most people have concerning the systems. These systems simply operate by analyzing the forex market activity. It identifies market signals that lean toward the inbuilt profitability parameters. It then automatically broadcasts an alert signaling a buy or sell before making the trade.

Who can Use them?
The software just like many others out there are not limited to professionals in the financial sector or IT gurus. Even newbies in stock trading will find the software really useful in enabling them to make trades.

What Currencies do the systems Trade In?
The systems are designed to trade in the major currencies that are used in global commerce. These include the US dollar, Pound Sterling, the Euro, and the Japanese Yen among others.

Do they have User Support?
The best forex trading systems come with a comprehensive user support center that will offer you any technical or service related assistance in case you get stuck. Furthermore, most have online help platforms on their websites to solve all your problems. This is especially useful to beginners and newcomers.

Benefits of Using a Forex Trading System - Commex FX
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  #120  
Old 05-03-2015, 07:24
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Default Forex Vs Spread Betting

Trading in shares on the stock market is one of the most important activities in the global economic sector today. This is due to the fact that it not only enables companies to raise capital, but also gives the traders an opportunity to get a piece of the profits gained by the companies whose shares they invest in.

For traders, there are two directions they can choose to go when investing in shares: Traditional forex trading or spread betting. These methods have a number of similarities and differences that may act as a guide to the trader depending on their needs. In the next paragraphs, we discuss some of these aspects with an aim of comparing and contrasting the two.

Definitions

The logical point to start at would be to define each method since by definition, they are quite different. Forex trading involves buying and selling of the shares of the companies listed on a given forex market.

Spread betting on the other hand refers to speculative betting on such shares by placing a bet whose outcome depends on whether the future price of the shares increase or decrease.

Leveraged trading

Given that spread bets are leveraged products, it makes it possible for a trader to gain exposure to large share values by investing with only a fraction of that value. For instance, to spread bet on Vodafone shares, a trader needs to invest about 5% of the stock value for that number of shares only.

In forex trading, the trader has to invest the exact amount of money that is needed to purchase a certain number of shares. In this context, it requires more capital than its counterpart.

Commissions charged

Forex trading of shares usually attracts commission which is a percentage of the total stock value traded; it is charged by the stock brokers.

Spread betting however does not attract any commission charges whatsoever. The trader gets to earn the whole amount of cash of the stock they invested in.

Capital Gains Tax and Stamp Duty Charges

For spread betting, the trader is neither required to pay any stamp duty charges nor any tax on the capital gains.

Forex trading does not attract stamp duty but the trader is charged a capital gains tax. However, losses are considered as tax reductions.

Expiry

Spread bets do have expiry bets that are fixed to specific timelines. After these dates are reached, the investment is no longer active.

Forex trading do not have any expiry dates (except binaries, options and forwards), thus enabling traders to hold onto and gain from the shares for decades.

Physical Ownership

Stock traders gain physical ownership of the company thus the ability to attend AGMs and hence participate in the formulation of company policies. The more shares one holds, the more influence they have.

Spread betters do not have such privileges since it is simply speculative.

Profit Gains

For stock traders, one can only gain profit when the value of their shares appreciate. They suffer a corresponding loss when the price falls.

Spread betters have the ability of going both long and short- and can therefore bet and gain from either a fall or a rise in share value.

Forex Vs Spread Betting - Commex FX
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