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Useful Daily Forex Articles

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Re: Useful Daily Forex Articles

Postby Pepen_supendi » Tue Feb 02, 2016 5:50 pm

Free VPS in the World of Forex Trading

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Finding a virtual private server to trade in the Forex market is essential if you want to make quick trades. One of the most important things that you need to know as a Forex trader is that there is a noticeable delay in the time it takes for your trades to go through. Because of the fact that a minor disconnection could lead to a serious issue, many people prefer renting a VPS server in order to trade consistently. The Forex market remains active round the clock, so you need to have a reliable connection in order to trade constantly on the market. Many brokers offer free VPS to their users. Here are a few reasons why you should prefer going for a virtual private server:

Cloud Technology

One of the biggest reasons why you should consider signing up for a VPS platform is that it is based on cloud technology. With the help of cloud technology, you will be able to gain access to the most competitive prices. The turnaround time plays a very important role in determining whether you can get the deals that you want at the most competitive prices or not. When it comes to trading in the forex market, rapid action is essential if you want to succeed. If you are not able to decide quickly, you won’t be able to secure the right trades.

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Re: Useful Daily Forex Articles

Postby Pepen_supendi » Wed Feb 03, 2016 6:45 pm

What Makes a Successful Price Action Trader

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The price action trading strategy has become immensely popular in the past few years, with more and more traders adopting this approach. Success in the world of forex trading is not easy, and certainly not guaranteed. There are people who think that you can throw more money in the market in order to generate more money. It is very easy to fall off the track and end up making some serious emotional mistakes in your trading experience. However, the one thing that will lead to success in the forex trading market is discipline. The price action strategy is solely focused on technical analysis and study of past performance in order to make future calls. If you want to become a successful price action trader, there are a few things that you must do. Here they are:

Limit Screen Time

Many forex traders try to maximize their screen time as much as possible. Forex trading is extremely easy: all you have to do is log on to your brokerage account using your mobile phone or your computer in order to start trading. However, despite the fact that logging on is very easy, you need to minimize your screen time as much as possible. Many people make the foolish mistake of trading anytime during the day.

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Re: Useful Daily Forex Articles

Postby Pepen_supendi » Thu Feb 04, 2016 6:26 pm

Very Low Slippage

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Slippage is a term often heard in Forex trading and stock markets. It basically refers to the difference between the expected price of a trade and the actual price that is executed. This slippage usually occurs during times of volatility within markets and during constant fluctuation of stock prices.

Slippage in Forex occurs when there is a limit order or stop loss that presents itself at a rate which is worse than what was set in. For example, a new event or a volatility in the currency markets might make an order at an expected price difficult to be carried out. Hence, the traders will trade at the next best price rather than the expected price of the trade.

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Re: Useful Daily Forex Articles

Postby Pepen_supendi » Fri Feb 05, 2016 11:33 pm

Swing Trading

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Definition:
Swing Trading is a term often employed to refer to a special method of trading in which the aim is to muster gains of a stock within a set time period of one to four days. Traders who employ this method of trading are more interested in the prevailing value patterns and drifts. The main objective is to collect the profits as soon as the market touches a certain high point.

A swing trader needs to be adept at the skill of technical analysis to formulate his strategy within a very short period of time.

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Re: Useful Daily Forex Articles

Postby Pepen_supendi » Mon Feb 08, 2016 7:38 pm

ECN Markets - What Are They?

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The Foreign exchange trading market is one of the biggest trading markets in the world, where currencies are exchanged round the clock from all parts of the world. Most people often trade forex in their spare time in order to make more money. However, there are many different ways of trading in the forex market. If you want to become a profitable trader, the first and most important thing that you need to do is work with a reputable broker. A reliable, established broker will make your life very easy. He will help you get in touch with some of the biggest liquidity providers in order to maximize your trading portfolio as much as possible.

Now, there is a difference between market makers and the ECN markets. In an ECN market, the prices are passed on from numerous market participants, namely banking organizations and other market makers. Other traders connected to ECN also pass their prices through these markets. As a trader, you will be able to see their best bid and ask prices on your trading platform, thus allowing you to decide whether you would like to make the trade or not.

Brokers who work on the ECN markets are often considered to be counterparties to conventional forex transactions.
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Re: Useful Daily Forex Articles

Postby Pepen_supendi » Tue Feb 09, 2016 6:48 pm

Learning Currency Trading – Part 1: EUR/USD

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Introduction:
EUR/USD is frequently used to denote the approximate value of USD that needs to be exchanged in order to obtain a single EUR. In the quotation EUR/USD, the EUR represents the base currency while the USD is taken as the counter currency.
EUR/USD is perhaps the world’s most widely used and oft-traded currency pair. The reason for the popularity and excessive use of the pair lies in the fact that each of the two currencies are representatives of the world’s most powerful economies; namely, Europe and the United States respectively. The wave of changes throughout the world market is almost always attributed to the fluctuations in at least one of the two currencies.

General facts and importance:
The world’s largest and most successful multinational corporations have their headquarters in either Europe or America, and even both. There is little doubt in the fact that despite tremendous growth of businesses and corporations around the world, the European and American blocs

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Re: Useful Daily Forex Articles

Postby Pepen_supendi » Wed Feb 10, 2016 5:18 pm

Learning Currency Trading – Part 2: GBP/USD

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Introduction:

The quotation GBP/USD stands for British Pound/U.S. Dollar and articulates the number of USD required for obtaining one GBP. In the symbol above, the GBP stands for the base currency while the USD is the counter currency.

GBP/USD currency pair is one of the world’s most heavily traded pairs, which absorbs over 12 per cent of the total market share almost every day. Ranking fourth in the list of the most oft-traded pairs, the GBP/USD is particularly important when trading with Great Britain and other European countries.

Like all other currency pairs, the GBP/USD pair undergoes abrupt and evident changes on a daily basis. However, very similar to the EUR/USD pair, this currency pair is also unpredictable and exhibits extremely high volatility, making it hard for many traders to predict its next trend.

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Re: Useful Daily Forex Articles

Postby Pepen_supendi » Thu Feb 11, 2016 3:35 pm

Learning Currency Trading – Part 3: USD/JPY

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Introduction:

USD/JPY stands for U.S. Dollar/Japanese Yen. The symbol denotes how many Japanese Yen are needed to acquire one US dollar. In the currency pair symbol, the USD is the base currency and the JPY is the counter currency.

This pair is made up of an American and an essential Asian currency. The unique aspect of this particular currency pair is that it offers a wider forex market operation time range owing to the large differences between the time zones of US and Asia. The Japanese Yen is largely traded in the forex market during the Asian working hours in the daytime, hence, giving more time to trade for traders elsewhere in the world.

This pair is favoured not only by the novices in the forex market, but also by the veterans. The reason lies in the value of Yen being a safe resort for traders during times when the volatility in the market is exceptionally low.

General facts and importance:

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Re: Useful Daily Forex Articles

Postby Pepen_supendi » Fri Feb 12, 2016 1:31 pm

Buying a Forex Robot - What You Should Keep in Mind

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Selecting the right Forex robot can be difficult if you do not have a firm idea of what you are looking for. Forex robots, or automated trading systems as they are commonly known, are software programs that are used in order to make automated trades. The forex trading market remains active round the clock, with traders from all over the world buying and selling currency pairs. Due to the fact that it remains active all the time, most traders often want to generate as much money as possible. However, that’s difficult because a large number of investors who trade in the foreign exchange market often consider it as a side business.

They don’t invest all of their time and energy in the foreign exchange market. To take advantage of this, many companies have released forex robots, or automated trading systems. These systems generally work in the background and use complex algorithms in order to make trades in the forex market. There are hundreds of different software programs and forex robots that you can choose from. Needless to say, not all of these deliver top notch performance. In fact, many people who end up buying forex trading systems often feel that they were swindled out of their money. The program just doesn’t deliver upon the exaggerating promises that it makes. Therefore, in order to give you a better idea of which forex robot you should choose, here are a few tips:

Reviews

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Re: Useful Daily Forex Articles

Postby Pepen_supendi » Mon Feb 15, 2016 11:20 pm

News Trading

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One of the most substantial tools in the trading world is news trading, which basically is the technique of trading economic news reports. The news on the economic world helps the traders in many ways as they involve a lot of market updates, mergers, announcements of different financial related events, policy changes etc.

The first vital thing to know is how to use news trading to your advantage. For successful trading in Forex, the trader technically analyses everything about the market and other financial aspects. But the other important thing involves checking the news releases frequently. Most of the traders wait for the visualization of information or financial data releases and then start their trading based on them.

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