In addition to the first of our Forex trading strategies, there is
another advanced strategy that can be added to scalping on the currency
market. This strategy is known as the martingale strategy and can be
combined with a good scalping method for better success.
Here’s how it works. Instead of using tight stop losses on a typical
scalping strategy, you won’t have to give up all of your earlier profits
every time you get stopped out. Instead, employ some restraint and
don’t buy into your trade too heavy in the beginning. Save some
firepower for later on if the trade starts to turn bad.
To make this clearer, think of the typical scalping strategy. Traders
set their stop-losses to about 10 pips. Then the general rule of profit
is only one to one-and-a-half times the spread. Setting your target to
such a low level as 2–5 pips is not that profitable. In addition, a ten
pip stop loss can kill 3 or 4 good trades. Instead, it can be useful
when you find yourself in trouble to increase the amount on your trade.
Keep the same direction but enter into the trade again. Here you can
give yourself a chance to be wrong and then still get out with a 10-20
pip profit later on.
Let’s look a little closer. If you remember, you may have already
determined how to find a long term trend with the first advanced
strategy you learned in ‘Scalping With Alignment of Trend.’ Now you are
going to add a Martingale strategy and this will move your average
position back to a better price each time your intuition proved to be
wrong. This advanced strategy makes it more likely that the market will
now turn in your favor because you have both a long term trend in your
favor and a better average position from the Martingale insurance.
If you were correct to begin with, you won’t need to add to your
position with any Martingale strategy. You will simply take an initial
profit of 10-20 pips and this can be very nice. Still, when you are
wrong, you may also wait as the market makes a typical correction. Then
you can increase your position after you find yourself 15-25 pips in the
negative. Just “double down” as they say in Vegas and watch how your
position improves!
Of course, you always need to keep your humility. Save your last piece
of ammunition for further down at 40-50 pips. You may end up with three
units at an even better price and it won’t be long before the market
turns back in your favor.
Remember, you were really only scalping so don’t get greedy when things
turn back in your favor. Get out at a 10-20 pip profit and call it a
successful trade! You will also have to remember your humility in the
rare cases when a 3-unit position still shows signs of a complete
turnaround. Sometimes the market simply turns against the long-term
trend and you will have to accept a fairly big loss below 30-40 pips.
Make sure and get out after the long-term trend has changed.
Regardless of the pain you experience in the occasional loss, you will
find that you are using a strategy that still works over the long term.
You will also enjoy steady profits each month and learn to determine
short term and long term trends with more accuracy. This is only one of
the many Forex trading strategies that can really help you to make
scalping a more profitable means of day-trading.
Instant Forex Profit Robot
Tuesday, December 6, 2011
Forex Trading Strategies With Sma (simple Moving Average) By: Kishore M
This is a system based on a simple moving average and trading the
currency pair EUR/CHF on a 4 hour chart. The MACD indicator is also used
to confirm the entry point along with the volatmeter. The system is
based mainly on the 100 period simple moving average which serves as a
support/resistance line. The SMA line can also be used later to
determine exit points. The indicators used in this strategy are the 100
Period Simple Moving Average, Damiani Volatmeter set at 13, 50, 1.3,
True, and the MACD set at 15,26,9.
The entry rules for this strategy are to buy or take a long trade when the price closes above the 100 SMA and the MACD histogram goes above 0 line. You can sell or take a short trade when the price closes below the 100 SMA and the MACD goes below 0. The volatmeter must also show the green line to have crossed above the white in either case. This assures you that there is actually a trend going on and it is safe to trade on the direction of the SMA.
Here is a warning to consider on this strategy. If the price bar that closes above or below the 100 SMA is more than 100 pips, don’t enter the trade. This is an extremely large move in price and you should wait for a retracement back to the SMA before you decide to enter.
For the exit of this strategy, the first positions can typically get 40 pips but a re-entry may take place on a second position and can be carried beyond the 40 pip profit into the 70 pip range. Then, if you manage to get three entries before taking profit, the last position can also have a trailing stop of its own set at breakeven.
Follow this link to a sample chart of an example: http://ifxprofits.com/article09a.jpg . The example shows a price break above the SMA and below that, the other two red circles indicate further confirmation from the volatmeter and the MACD.
Another example entry and re-entry is shown in this chart: http://ifxprofits.com/article09b.jpg . In this example, we see one entry point and four possible re-entries when the price returns to the SMA line and closes above it once again. Of course, profit taking would likely have happened before all re-entries but long term investors may choose to hold these positions and take profit later.
It is important to note, in this example, how all these price breaks are confirmed by the volatmeter and the MACD readings. A final note indicates how the second re-entry point is not confirmed by the MACD after the first candle closes above the SMA. It is only the first candle in that red circle which is tradable according to this system. However, the other candles do prove to be profitable later on, illustrating a leniency of the price movement in favor of the upward trend.
The entry rules for this strategy are to buy or take a long trade when the price closes above the 100 SMA and the MACD histogram goes above 0 line. You can sell or take a short trade when the price closes below the 100 SMA and the MACD goes below 0. The volatmeter must also show the green line to have crossed above the white in either case. This assures you that there is actually a trend going on and it is safe to trade on the direction of the SMA.
Here is a warning to consider on this strategy. If the price bar that closes above or below the 100 SMA is more than 100 pips, don’t enter the trade. This is an extremely large move in price and you should wait for a retracement back to the SMA before you decide to enter.
For the exit of this strategy, the first positions can typically get 40 pips but a re-entry may take place on a second position and can be carried beyond the 40 pip profit into the 70 pip range. Then, if you manage to get three entries before taking profit, the last position can also have a trailing stop of its own set at breakeven.
Follow this link to a sample chart of an example: http://ifxprofits.com/article09a.jpg . The example shows a price break above the SMA and below that, the other two red circles indicate further confirmation from the volatmeter and the MACD.
Another example entry and re-entry is shown in this chart: http://ifxprofits.com/article09b.jpg . In this example, we see one entry point and four possible re-entries when the price returns to the SMA line and closes above it once again. Of course, profit taking would likely have happened before all re-entries but long term investors may choose to hold these positions and take profit later.
It is important to note, in this example, how all these price breaks are confirmed by the volatmeter and the MACD readings. A final note indicates how the second re-entry point is not confirmed by the MACD after the first candle closes above the SMA. It is only the first candle in that red circle which is tradable according to this system. However, the other candles do prove to be profitable later on, illustrating a leniency of the price movement in favor of the upward trend.
Carry Trade In Forex Trading by Kishore M
In the Forex market, there is a common method of trading known as the
carry trade which is made in relation to fundamental analysis. It should
be a common term once a trader has studied their fundamentals and
learned how to apply the knowledge they have gained. Still, many traders
do not understand what a carry trade is or how to use it because they
may have only focused on technical analysis rather than fundamental
analysis.
Before a Forex trader decides whether they can make a carry trade, they must first evaluate different currencies and the economic conditions in their associated countries. This is the basics of fundamentals and interest rates are probably the most important of these basics.
In a carry trade, Forex traders try to get a better idea of the true value of a currency through various news reports, political events and economic statistics. Then the carry trade can be used as a good strategy based on the interest rates in a particular set of currencies.
The basic idea is that, when a trader decides to sell a currency with lower interest rates, they can also purchase a currency that’s offering higher interest rates. They sell the low rate and they buy the high rate. This is also similar to what is known as “hedging” and comes from the gambling term “hedging your bets.” By taking two trades in opposite directions, a Forex trader uses the strategy of capturing the difference of two different rates.
A real example of this has commonly been known as the “Yen carry trade.” When Japan began decreasing their interest rates in 1999, they eventually got to where they were almost at zero. This was essentially a great loan to get in on and investors would take the money they got from their easy loan and use it to buy something else later on.
To make the idea simple, just suppose that the interest rate for loan in US was 2%. Then imagine that the same loan in another country was 5%. You could take advantage of the difference in these two rates of interest by taking out a loan with the 2% interest rate in the US and simply exchanging the money into Australian dollars. Then, if there was no fluctuation in the market, the trade would earn you a profit of 3%. You never used any money of your own to begin with and you ended up keeping 3% of the original loan you got! This is called a carry trade. You literally carry your loan from one place to another and the trade you make results in a profit.
Of course, you wouldn’t want to get “carried” away! These kind of trades still have a risk involved. Exchange rates can fluctuate while you are moving your money from one place to another. For example, the country with the 5% interest rate could suddenly see a weakening of its currency due to political turmoil or a sudden announcement from their central bank.
Investors are often very careful with carry trades so as to research the market beforehand and make sure there are no major news events coming out that day or week. Then they go ahead and hedge their bets as they trade the loan from one currency into another. Make sure and understand the risks in Forex trading before you get involved with high leverage trading. Then you will find the carry trade to be a very promising way to make a quick profit!
Before a Forex trader decides whether they can make a carry trade, they must first evaluate different currencies and the economic conditions in their associated countries. This is the basics of fundamentals and interest rates are probably the most important of these basics.
In a carry trade, Forex traders try to get a better idea of the true value of a currency through various news reports, political events and economic statistics. Then the carry trade can be used as a good strategy based on the interest rates in a particular set of currencies.
The basic idea is that, when a trader decides to sell a currency with lower interest rates, they can also purchase a currency that’s offering higher interest rates. They sell the low rate and they buy the high rate. This is also similar to what is known as “hedging” and comes from the gambling term “hedging your bets.” By taking two trades in opposite directions, a Forex trader uses the strategy of capturing the difference of two different rates.
A real example of this has commonly been known as the “Yen carry trade.” When Japan began decreasing their interest rates in 1999, they eventually got to where they were almost at zero. This was essentially a great loan to get in on and investors would take the money they got from their easy loan and use it to buy something else later on.
To make the idea simple, just suppose that the interest rate for loan in US was 2%. Then imagine that the same loan in another country was 5%. You could take advantage of the difference in these two rates of interest by taking out a loan with the 2% interest rate in the US and simply exchanging the money into Australian dollars. Then, if there was no fluctuation in the market, the trade would earn you a profit of 3%. You never used any money of your own to begin with and you ended up keeping 3% of the original loan you got! This is called a carry trade. You literally carry your loan from one place to another and the trade you make results in a profit.
Of course, you wouldn’t want to get “carried” away! These kind of trades still have a risk involved. Exchange rates can fluctuate while you are moving your money from one place to another. For example, the country with the 5% interest rate could suddenly see a weakening of its currency due to political turmoil or a sudden announcement from their central bank.
Investors are often very careful with carry trades so as to research the market beforehand and make sure there are no major news events coming out that day or week. Then they go ahead and hedge their bets as they trade the loan from one currency into another. Make sure and understand the risks in Forex trading before you get involved with high leverage trading. Then you will find the carry trade to be a very promising way to make a quick profit!
Tuesday, November 22, 2011
Forex Trading Training Author: Kishore M
Have you ever looked at all the Forex trading training information on the internet? It only takes a quick glance to recognize that 99% of all the Forex articles in the market are very general. They only attempt to coax the beginner into purchasing an item or investing in a new program. With these articles, the beginner starts out with nothing at all in terms of knowledge. Then they quickly move onto nothing at all in their bank account.
Beginning Forex traders want to know more than just the basic knowledge about Forex. They want simple & applicable Forex trading strategies that actually work. They don’t want to lose all their money while they practice these strategies and, once they test those strategies, they don’t want to be lied to and told they will never lose again! Let’s face it; the only way to obtain real quality information about Forex is to get out there and make mistakes but you want to take as much time as you can before you start making those mistakes. That way the mistakes will be lessened due to your experience.
Before you set out to make your mistakes, take the time to read as much as you can about Forex. Then take the time to practice. A beginner needs to read everything they can about Forex, talk to as many traders as they can about Forex, and practice different strategies that may or may not work. Then, after many months of testing the knowledge they have gained, they may finally be ready to actually begin trading on a real account. The more you rush things, the more trouble you are going to get yourself into.
It’s time to set aside the superficial, beginners talk and start getting serious about Forex! That is what the articles here are meant to help you do. They will give you strategies to test out while reminding you each step of the way that you can never be sure what is really going to happen in the Forex market. Many great philosophers have already known this for centuries but most Forex traders don’t. That is why we are going to be patient and do our best to remind you of the most important philosophy of all. In Forex trading, you need to be able to govern your emotions and stay in the present moment.
Ninety-nine percent of all Forex articles on the internet are superficial and useless. Now it’s time to move beyond the basics and into something more serious. These articles are provided for the trader who wants a little bit more. These are things you can learn to get yourself into the next level in Forex trading.
Once you have practiced these strategies, you may be ready to open a very small account with only. With that you can trade one mini lot and see how you do. Increase your account and you might be ready for more. Lose a certain amount and it’s time to stop. These are just some honest to goodness suggestions from traders who have already learned the dangers themselves and learned how to govern their own trading. Now let’s get started with some Forex Trading Training!
Article Source: http://www.articleclick.com/Article/Forex-Trading-Training/1588692
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Beginning Forex traders want to know more than just the basic knowledge about Forex. They want simple & applicable Forex trading strategies that actually work. They don’t want to lose all their money while they practice these strategies and, once they test those strategies, they don’t want to be lied to and told they will never lose again! Let’s face it; the only way to obtain real quality information about Forex is to get out there and make mistakes but you want to take as much time as you can before you start making those mistakes. That way the mistakes will be lessened due to your experience.
Before you set out to make your mistakes, take the time to read as much as you can about Forex. Then take the time to practice. A beginner needs to read everything they can about Forex, talk to as many traders as they can about Forex, and practice different strategies that may or may not work. Then, after many months of testing the knowledge they have gained, they may finally be ready to actually begin trading on a real account. The more you rush things, the more trouble you are going to get yourself into.
It’s time to set aside the superficial, beginners talk and start getting serious about Forex! That is what the articles here are meant to help you do. They will give you strategies to test out while reminding you each step of the way that you can never be sure what is really going to happen in the Forex market. Many great philosophers have already known this for centuries but most Forex traders don’t. That is why we are going to be patient and do our best to remind you of the most important philosophy of all. In Forex trading, you need to be able to govern your emotions and stay in the present moment.
Ninety-nine percent of all Forex articles on the internet are superficial and useless. Now it’s time to move beyond the basics and into something more serious. These articles are provided for the trader who wants a little bit more. These are things you can learn to get yourself into the next level in Forex trading.
Once you have practiced these strategies, you may be ready to open a very small account with only. With that you can trade one mini lot and see how you do. Increase your account and you might be ready for more. Lose a certain amount and it’s time to stop. These are just some honest to goodness suggestions from traders who have already learned the dangers themselves and learned how to govern their own trading. Now let’s get started with some Forex Trading Training!
Article Source: http://www.articleclick.com/Article/Forex-Trading-Training/1588692
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Wednesday, November 16, 2011
Personal Character & Forex
Author: Kishore M
When it comes to personal character, trading Forex requires two main qualities. You have to be able to self-govern and you have to be able to keep going even after you experience loss. Many people are actually devastated by the Forex market. They start out too eager and they lose everything they have.
The CFTC has recently passed laws to restrict Forex in the US because they believe that all beginner Forex traders are unsophisticated. They know that they tend to lose large amounts of money early on in their careers. However, statistics also prove that you can be winner in Forex. You have to have the right experience and you have to know how to govern yourself.
During the month of January 2010, a list of brokers reported large percentages of traders were successful trading Forex. This wasn’t just a fluke in the typical trading reports. This was just an example of how many people are commonly winning in Forex. MBTrading reported that 47% of their traders made money that month and IBFX reported that 46% of their traders made money. FXDD reported that 45% of their traders made money and Forex.com reported that 43% made money.
In fact, in January 2010, EUR/USD was the most profitable currency pair for the month with 51% of traders making money on that currency pair. (currencee.com) You don’t have to be much better than average to make money in Forex. You just have to be able to control yourself and learn from your mistakes. Of course, the numbers are much worse for beginners because the mistakes they make tend to knock them out of the game early on. If they hang in there, those same mistakes tend to turn them into experienced traders.
Think about a professional athlete. Great football players don’t become great by sitting on the bench or hanging out in the locker room. They get out on the field and they learn to take their hits. They learn to govern their behavior and to “huddle up” after they have taken a hit. Forex is similar to a sport because you have to have two qualities to be a success. You have to be able to perform well and you have to be able to keep going, even after you have lost a big game.
Experience is the thing that Forex beginners need the most. Practice as many tested strategies as you can find and see if they actually work. Sometimes these strategies won’t work but other times they will. Through a series of practice and failure, a beginner will eventually learn when the best times to trade are and when are the best times to sit and wait. They will also learn what the best amounts for trading are on their account and how much to risk at any particular time.
Nobody can ever tell another trader what is best for them because everyone is different. You will learn how to trade Forex differently than others and things that may seem superficial and easy to one trader may be the most difficult and profound lessons for you. Here are some tried and true strategies that aren’t going to work every time. They will require practice to learn them and more practice to perfect them. Even after they have been perfected, there will still be times when they won’t work and this will be one of the most important things you will need to face in the Forex market as you learn to pick yourself up from the tough tackles and get back onto the field!
Article Source: http://www.articleclick.com/Article/Personal-Character-Forex/1590781
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
When it comes to personal character, trading Forex requires two main qualities. You have to be able to self-govern and you have to be able to keep going even after you experience loss. Many people are actually devastated by the Forex market. They start out too eager and they lose everything they have.
The CFTC has recently passed laws to restrict Forex in the US because they believe that all beginner Forex traders are unsophisticated. They know that they tend to lose large amounts of money early on in their careers. However, statistics also prove that you can be winner in Forex. You have to have the right experience and you have to know how to govern yourself.
During the month of January 2010, a list of brokers reported large percentages of traders were successful trading Forex. This wasn’t just a fluke in the typical trading reports. This was just an example of how many people are commonly winning in Forex. MBTrading reported that 47% of their traders made money that month and IBFX reported that 46% of their traders made money. FXDD reported that 45% of their traders made money and Forex.com reported that 43% made money.
In fact, in January 2010, EUR/USD was the most profitable currency pair for the month with 51% of traders making money on that currency pair. (currencee.com) You don’t have to be much better than average to make money in Forex. You just have to be able to control yourself and learn from your mistakes. Of course, the numbers are much worse for beginners because the mistakes they make tend to knock them out of the game early on. If they hang in there, those same mistakes tend to turn them into experienced traders.
Think about a professional athlete. Great football players don’t become great by sitting on the bench or hanging out in the locker room. They get out on the field and they learn to take their hits. They learn to govern their behavior and to “huddle up” after they have taken a hit. Forex is similar to a sport because you have to have two qualities to be a success. You have to be able to perform well and you have to be able to keep going, even after you have lost a big game.
Experience is the thing that Forex beginners need the most. Practice as many tested strategies as you can find and see if they actually work. Sometimes these strategies won’t work but other times they will. Through a series of practice and failure, a beginner will eventually learn when the best times to trade are and when are the best times to sit and wait. They will also learn what the best amounts for trading are on their account and how much to risk at any particular time.
Nobody can ever tell another trader what is best for them because everyone is different. You will learn how to trade Forex differently than others and things that may seem superficial and easy to one trader may be the most difficult and profound lessons for you. Here are some tried and true strategies that aren’t going to work every time. They will require practice to learn them and more practice to perfect them. Even after they have been perfected, there will still be times when they won’t work and this will be one of the most important things you will need to face in the Forex market as you learn to pick yourself up from the tough tackles and get back onto the field!
Article Source: http://www.articleclick.com/Article/Personal-Character-Forex/1590781
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
More Philosophy on the Forex Trading Course
Author: Kishore M
In the first article on Mr. Kishore M’s Forex trading course, we learned how too much knowledge can sometimes make you think your wiser than even the greatest philosopher Socrates. For those who like Mr. Kishore M’s strategy, they will remember how they were instructed to buy on the open of the third candle, after they have seen a price signal that reached the lower Bollinger Bank. To understand the exit things may start to get a little more difficult. Let’s take Socrates along with us again while we determine if Mr. Kishore M really has a good trading strategy here which he likes to call “Instant PIP Profit.”
On Mr. Kishore M’s strategy, we are told to exit when the price touches or “reaches” near the upper Bollinger. Again, we might be given the counsel of Socrates to remain open to the “vagueness” of the market. Socrates would have loved to expose how Mr. Kishore M’s first example shows a case of AUD/JPY which is at 93.25 when it hits its low. Then the third candle opens around 94.2 and shows exactly where you would enter. The exit is around 94.8 and gets you about 60 pips in 90 minutes but Socrates might step in and remind us that the price barely touched the upper Bollinger in Mr. Kishore M’s example!
Many traders would have missed the opportunity to take profit in this short 1-2 minute window that Mr. Kishore M. points out. This is because there is never a strategy that is completely clear and that works 100% of the time. Many traders would have found themselves waiting another 40 minutes or so to get a second chance at an exit on this trade. “Oh no!” they might say. “I missed my chance!” Their brows would start sweating and their heartbeats would speed up. “Where is Socrates or Mr. Kishore M. to help me!?” Luckily, traders would still get a second chance in Mr. Kishore M’s example.
40 minutes later, most traders would likely exit immediately when the price hit the upper Bollinger Band again. This would mean they made the profit in a little over 2 hours which would have been even better at 80 pips. “Phew!” they would say. “That was a close one!” The Forex trader would have finally become a little bit the wiser thanks to the counsel of Mr. Kishore M and the philosophical genius of Socrates and next time he might decide not to wait for the price to actually hit the upper Bollinger Band but exit as soon as it gets close.
The problem with exit strategies is you never know if you should exit right away or wait a little longer. If you exit early, you save yourself the stress of further risk. You might also get the frustration of seeing what “could have been” later on. If you wait too long, you may lose everything and want to kick yourself for what you missed. Try to play it cool and keep your emotions out of the picture. Wise men know that emotional trading is never going to get you where you want to go. Take it from Socrates that you never really know what is going to happen next in a Forex trading course and it’s especially good to be safe rather than sorry!
Article Source: http://www.articleclick.com/Article/More-Philosophy-on-the-Forex-Trading-Course/1598724
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
In the first article on Mr. Kishore M’s Forex trading course, we learned how too much knowledge can sometimes make you think your wiser than even the greatest philosopher Socrates. For those who like Mr. Kishore M’s strategy, they will remember how they were instructed to buy on the open of the third candle, after they have seen a price signal that reached the lower Bollinger Bank. To understand the exit things may start to get a little more difficult. Let’s take Socrates along with us again while we determine if Mr. Kishore M really has a good trading strategy here which he likes to call “Instant PIP Profit.”
On Mr. Kishore M’s strategy, we are told to exit when the price touches or “reaches” near the upper Bollinger. Again, we might be given the counsel of Socrates to remain open to the “vagueness” of the market. Socrates would have loved to expose how Mr. Kishore M’s first example shows a case of AUD/JPY which is at 93.25 when it hits its low. Then the third candle opens around 94.2 and shows exactly where you would enter. The exit is around 94.8 and gets you about 60 pips in 90 minutes but Socrates might step in and remind us that the price barely touched the upper Bollinger in Mr. Kishore M’s example!
Many traders would have missed the opportunity to take profit in this short 1-2 minute window that Mr. Kishore M. points out. This is because there is never a strategy that is completely clear and that works 100% of the time. Many traders would have found themselves waiting another 40 minutes or so to get a second chance at an exit on this trade. “Oh no!” they might say. “I missed my chance!” Their brows would start sweating and their heartbeats would speed up. “Where is Socrates or Mr. Kishore M. to help me!?” Luckily, traders would still get a second chance in Mr. Kishore M’s example.
40 minutes later, most traders would likely exit immediately when the price hit the upper Bollinger Band again. This would mean they made the profit in a little over 2 hours which would have been even better at 80 pips. “Phew!” they would say. “That was a close one!” The Forex trader would have finally become a little bit the wiser thanks to the counsel of Mr. Kishore M and the philosophical genius of Socrates and next time he might decide not to wait for the price to actually hit the upper Bollinger Band but exit as soon as it gets close.
The problem with exit strategies is you never know if you should exit right away or wait a little longer. If you exit early, you save yourself the stress of further risk. You might also get the frustration of seeing what “could have been” later on. If you wait too long, you may lose everything and want to kick yourself for what you missed. Try to play it cool and keep your emotions out of the picture. Wise men know that emotional trading is never going to get you where you want to go. Take it from Socrates that you never really know what is going to happen next in a Forex trading course and it’s especially good to be safe rather than sorry!
Article Source: http://www.articleclick.com/Article/More-Philosophy-on-the-Forex-Trading-Course/1598724
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Saturday, November 12, 2011
Forex Made Easy With Simple EMA Crossover
Author: Kishore M
When Forex traders are trying to determine the general trend of a currency pair, a simple system using nothing but EMA’s as the indicators can be very useful. You can trade many pairs with this system but the GBP/USD or “cable” is especially good to trade with. It is also best to use a daily chart to determine the overall trend rather than looking at the hourly or lower.
An “EMA” refers to an exponential moving average and the price data is weighted so that the most recent price changes are given more significance. Traders like these indicators better than simple moving averages because they want to take advantage of the most recent trend and get out of the trade before it is too late. EMA’s allow you to do this and are a good way to avoid the losses that come when the market is only ranging on not trending.
This particular system uses the 5 period EMA and the 8 period EMA. You can change the settings on your platform so that you have these periods indicated with two different colors. On this chart: http://ifxprofits.com/article12.jpg , the 5 period EMA is shown in purple and the 8 period EMA is shown in orange. Instead of the daily chart, they are being used on an hourly chart but some traders like to combine the hourly and the daily trend to achieve something known as “Trend alignment.”
It is a personal preference when you decide how to determine a trend but, either way, the chart shows several examples of the kind of crossovers you will be looking for to determine the direction you want to trade. Four different crossovers on the hourly chart are shown by the arrows and you can always use these kind of crossovers to determine which direction you should enter the trade.
The numbers indicate the point at which the EMA’s crossed and this is also a strong indication that it is time to enter either in a long or a short direction. Number “1”and “3” indicate long entry points and numbers “2” and “4” indicate short entry points. Apply these periods to your EMA’s and you can be sure to get some good signals when the crossovers happen.
Of course, exit strategies are harder to determine until after you have seen the price action on the trade. The simplest method is to shoot for 60 pips of profit on a daily chart and 30 pips on an hourly chart. On the example hourly chart, each of the 4 trades could potentially take 30 pips and this is a good minimum to wait for if you use these indicators.
Of course, traders who have more patience and don’t mind a bit more risk can get in on the really big profits. Trade #1 had a potential of 170 pips! That’s not too bad for a first trade and you might have been better off to take your winnings and go out to celebrate! Good luck and happy trading.
Article Source: http://www.articleclick.com/Article/Forex-Made-Easy-With-Simple-EMA-Crossover/1533688
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
When Forex traders are trying to determine the general trend of a currency pair, a simple system using nothing but EMA’s as the indicators can be very useful. You can trade many pairs with this system but the GBP/USD or “cable” is especially good to trade with. It is also best to use a daily chart to determine the overall trend rather than looking at the hourly or lower.
An “EMA” refers to an exponential moving average and the price data is weighted so that the most recent price changes are given more significance. Traders like these indicators better than simple moving averages because they want to take advantage of the most recent trend and get out of the trade before it is too late. EMA’s allow you to do this and are a good way to avoid the losses that come when the market is only ranging on not trending.
This particular system uses the 5 period EMA and the 8 period EMA. You can change the settings on your platform so that you have these periods indicated with two different colors. On this chart: http://ifxprofits.com/article12.jpg , the 5 period EMA is shown in purple and the 8 period EMA is shown in orange. Instead of the daily chart, they are being used on an hourly chart but some traders like to combine the hourly and the daily trend to achieve something known as “Trend alignment.”
It is a personal preference when you decide how to determine a trend but, either way, the chart shows several examples of the kind of crossovers you will be looking for to determine the direction you want to trade. Four different crossovers on the hourly chart are shown by the arrows and you can always use these kind of crossovers to determine which direction you should enter the trade.
The numbers indicate the point at which the EMA’s crossed and this is also a strong indication that it is time to enter either in a long or a short direction. Number “1”and “3” indicate long entry points and numbers “2” and “4” indicate short entry points. Apply these periods to your EMA’s and you can be sure to get some good signals when the crossovers happen.
Of course, exit strategies are harder to determine until after you have seen the price action on the trade. The simplest method is to shoot for 60 pips of profit on a daily chart and 30 pips on an hourly chart. On the example hourly chart, each of the 4 trades could potentially take 30 pips and this is a good minimum to wait for if you use these indicators.
Of course, traders who have more patience and don’t mind a bit more risk can get in on the really big profits. Trade #1 had a potential of 170 pips! That’s not too bad for a first trade and you might have been better off to take your winnings and go out to celebrate! Good luck and happy trading.
Article Source: http://www.articleclick.com/Article/Forex-Made-Easy-With-Simple-EMA-Crossover/1533688
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Forex Trading Strategies: Scalping with Alignment of Trend
Author: Kishore M
One of the most common Forex trading strategies is known as scalping. Not only is it a simple trading system, it carries low risk and can be performed in a very short amount of time. The problem is, the spreads you have to pay for will often eat a great deal of your profits and the reward/ risk ratio is usually too low.
Many traders don’t like the scalping system. This may be due to the fact that they haven’t combined it with some more advanced strategies. In combination with other strategies, scalping can be more profitable and less risky over the long term. Before we discuss the more advanced strategies known as “alignment” and the “martingale” strategies, it will help to take a closer look at scalping itself.
In scalping, it is usually best to trade currency pairs with high volatility and low spreads. These include pairs like EUR/JPY, GBP/USD, EUR/USD and USD/JPY. It is also best to stay focused on the lower timeframe charts like one hour or less. The best trading times for a scalper are usually during the intersection of the European/U.S. session and the U.S./ Asian session. Once you think you have "caught" the short-term trend, you can enter a position. Just make sure there aren’t any big news events coming up and you feel confident about your short-term trend.
This is where some advanced strategies can help you in scalping. The first advanced strategy for scalping will be discussed in this article. It has to do with alignment. A second strategy will be discussed in the next article entitled ‘Scalping With Martingale Insurance.’ It involves something else known as the Martingale strategy.
In this article we are looking to combine scalping with an alignment of two types of trend. As we all know in Forex trading, sometimes the short-term price trend is different from the long term trend. In this strategy, we make it clear that this is not a good time to be scalping. This is because the trends are not in alignment and, when the short-term trend suddenly decides to re-align itself with the long-term trend, you will start to get in big trouble.
Avoid trading against the long term trend and wait for the short term trend to show signs of agreement. You can use EMA’s on the daily and 1 hour charts to determine these trends or you can use your own strategy for determining trends. Whatever you do, wait until both the short-term and the long-term trends are in alignment. This provides you with a nice form of insurance as you begin your scalping. If you don’t see alignment of your trends, come back tomorrow and try again.
Remember, you are really only scalping so don’t get greedy when things go in your favor. Get out at a 10-20 pip profit and call it a successful trade! Combine this with another advanced strategy which is discussed in the next article ‘Scalping With Martingale Insurance.’ These are only one of the many Forex trading strategies that can really help you to make scalping a more profitable means trading.
Article Source: http://www.articleclick.com/Article/Forex-Trading-Strategies-Scalping-with-Alignment-of-Trend/1509896
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
One of the most common Forex trading strategies is known as scalping. Not only is it a simple trading system, it carries low risk and can be performed in a very short amount of time. The problem is, the spreads you have to pay for will often eat a great deal of your profits and the reward/ risk ratio is usually too low.
Many traders don’t like the scalping system. This may be due to the fact that they haven’t combined it with some more advanced strategies. In combination with other strategies, scalping can be more profitable and less risky over the long term. Before we discuss the more advanced strategies known as “alignment” and the “martingale” strategies, it will help to take a closer look at scalping itself.
In scalping, it is usually best to trade currency pairs with high volatility and low spreads. These include pairs like EUR/JPY, GBP/USD, EUR/USD and USD/JPY. It is also best to stay focused on the lower timeframe charts like one hour or less. The best trading times for a scalper are usually during the intersection of the European/U.S. session and the U.S./ Asian session. Once you think you have "caught" the short-term trend, you can enter a position. Just make sure there aren’t any big news events coming up and you feel confident about your short-term trend.
This is where some advanced strategies can help you in scalping. The first advanced strategy for scalping will be discussed in this article. It has to do with alignment. A second strategy will be discussed in the next article entitled ‘Scalping With Martingale Insurance.’ It involves something else known as the Martingale strategy.
In this article we are looking to combine scalping with an alignment of two types of trend. As we all know in Forex trading, sometimes the short-term price trend is different from the long term trend. In this strategy, we make it clear that this is not a good time to be scalping. This is because the trends are not in alignment and, when the short-term trend suddenly decides to re-align itself with the long-term trend, you will start to get in big trouble.
Avoid trading against the long term trend and wait for the short term trend to show signs of agreement. You can use EMA’s on the daily and 1 hour charts to determine these trends or you can use your own strategy for determining trends. Whatever you do, wait until both the short-term and the long-term trends are in alignment. This provides you with a nice form of insurance as you begin your scalping. If you don’t see alignment of your trends, come back tomorrow and try again.
Remember, you are really only scalping so don’t get greedy when things go in your favor. Get out at a 10-20 pip profit and call it a successful trade! Combine this with another advanced strategy which is discussed in the next article ‘Scalping With Martingale Insurance.’ These are only one of the many Forex trading strategies that can really help you to make scalping a more profitable means trading.
Article Source: http://www.articleclick.com/Article/Forex-Trading-Strategies-Scalping-with-Alignment-of-Trend/1509896
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Take Socrates to Your Forex Trading Course
Author: Kishore M
Now that we have been introduced to the wisdom of the great philosopher Socrates, we are ready to take a closer look at the Forex trading course offered by Mr. Kishore M He has developed a strategy known as “Instant PIP Profit” and he prefers to use it on a 5 min and 15 min chart. He likes to trade crosses like EUR/JPY, AUD/JPY and EUR/ CHF. Are you starting to get excited? Let’s not get too carried away! Knowledge can be great but remembering the dangers involved will also be something we shall keep in mind as we progress.
To begin, Mr. Kishore M like to use Bollinger Bands to find a trend. He determines an upward trend when a price candle reaches something “close” to the lower Bollinger band and he shows an example on a five minute chart. When the price turns back up again on a second white candle, Mr. Kishore M counsels us that this is a buy signal. If the lowest candle actually hits the lower Bollinger Band, thiThis looks like a simple strategy with a lot of promise. Taking Socrates along for the ride, any trader might benefit from watching Mr. M’s video and considering a few pointers as they watch. Mr. Kishore M says, for example, that you can also use the RSI and CCI indicators when you determine your entry points on a trade. He says they should also “go up” when you are planning to enter a long position or “buy.” Still, he makes the point that this is only “optional”.
s is the best signal. You can also use the “close” strategy when you see a candle that almost hits. After it hits, the next candle should be white and, according to Mr. Kishore M, any white candle is acceptable.
Just as Socrates knew many years ago, the problem with complex strategies that employ many technical indicators is that you rarely get such a perfect signal. You also can’t be sure about anything in the absolute sense. This is likely the reason why Mr. Kishore M presents the RSI and CCI indicators as “optional.” As traders, we could wait over a month on a daily chart to see an entry point like this and we still wouldn’t be sure we had a perfect entry point. When it’s time to take a chance, Mr. Kishore M suggests we dive in and get some experience!
To be more cautious, Mr. Kishore M does insist that the Stochastic indicator should always be used in his trading strategy. This indicator line should appear at the bottom or near “20” and the Parabolic SAR should also be below the price. Mr. Kishore M indicates this in his first example when he points to the Stochastic and Parabolic SAR indicators. It all looks very clear like a strategy that would likely prove profitable in many cases. For those who aren’t familiar with Parabolic SAR, this just means that the dots are below the price on the chart. Wait for this to happen and Mr. Kishore M would counsel you that it is “ok” to enter.
Check out the next article when we take Socrates along for another journey and find out whether or not Mr. Kishore M’s exit strategy will really work for us. Remember, as you study this Forex trading course, that knowledge can sometimes be deceptive and make you think you know a lot more than you really do!
Article Source: http://www.articleclick.com/Article/Take-Socrates-to-Your-Forex-Trading-Course/1596339
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Wednesday, October 26, 2011
Thursday, October 20, 2011
Fundamentals in Online Forex Trading Author: Kishore M
Online Forex trading is based on three approaches. There is the most common approach which is technical analysis. Then there is the importance of your own money management. Finally, every trader needs to know a little bit about fundamentals.
Fundamentals can be broken down into five main ideas. The first of these involves interest rates and treasury yields. Treasuries are sold by the U.S. Treasury Department each day and they help pay for government spending.
People and other governments buy these notes because they believe that the US government will pay them back with even more money in the future. Of course, the value of these promises changes each day. It is measured by many things that involve fundamentals.
A Forex investor should always be aware of the public sentiment about the US dollar because all currencies move according to this major currency. This is a simple idea but the things that make the US dollar move are far from simple. The five most fundamental things we will discuss here in relation to the US dollar are the interest rates, yield curves, employment situation, national debt and mortgage rates.
For a beginner, it is hard to put your mind around these concepts. Keeping your mind on only five ideas, rather than expanding, will help you to see what is most important and to help cut out the static.
The interest rates, yield curves, employment picture, national debt and mortgage rates are all reported by the US government each day. You can find these values online at sites like forexfactory.com and verify them with your Forex strategist. In this article, we will only discuss the interest rates and treasury yields.
The first two values are fairly simple to understand. Most economists agree that US interest rates will go down and US treasury yields will go up over the next 20 years. This will mean that the US dollar should get stronger in value. You can take this long term view while also looking at the present situation in the country and remembering what Socrates once said; “He is wisest who knows that he knows nothing.”
Treasury yields change each day according to many factors and they are reported online. You can start to guess how long it will take before the improvements in the economy are going to happen by looking at these daily yields and seeing if they have gone up recently.
In simpler terms, you are going to be guessing how long it will take for the US economy to improve. Right now, interest rates are very high and treasury yields are low. The opposite will start to happen when the economy has started to improve. Then they may fall back again if there are problems along the way.
The most widely viewed of the treasuries is the ten year note. If there is a lot of demand for the note, then the value of the yield decreases. Everybody wants to buy it today so the government doesn’t have to promise as much interest in the future. Whenever there’s a high demand for this treasury, then bidders pay less and the yield will actually be higher in the future. In other words, yields change in the opposite direction to the prices of treasuries.
The reason that the yields on treasury notes change each day is mainly because people react to the daily news and sell their notes before they are actually mature. They may buy a 10-year note but they don’t hold onto it for ten years. They sell it to someone else at a different price because demand for Treasury notes or the yields are suddenly increasing.
In the next article, we will discuss the three other fundamentals which move the US dollar. They are employment, national debt and mortgage rates. By keeping these major ideas in the forefront of your mind, you can combine the basics of fundamentals in your Forex trading to other technical aspects of the market. Then you will start to develop a more well-rounded approach to online Forex trading.
Article Source: http://www.articleclick.com/Article/Fundamentals-in-Online-Forex-Trading/1533924
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Fundamentals can be broken down into five main ideas. The first of these involves interest rates and treasury yields. Treasuries are sold by the U.S. Treasury Department each day and they help pay for government spending.
People and other governments buy these notes because they believe that the US government will pay them back with even more money in the future. Of course, the value of these promises changes each day. It is measured by many things that involve fundamentals.
A Forex investor should always be aware of the public sentiment about the US dollar because all currencies move according to this major currency. This is a simple idea but the things that make the US dollar move are far from simple. The five most fundamental things we will discuss here in relation to the US dollar are the interest rates, yield curves, employment situation, national debt and mortgage rates.
For a beginner, it is hard to put your mind around these concepts. Keeping your mind on only five ideas, rather than expanding, will help you to see what is most important and to help cut out the static.
The interest rates, yield curves, employment picture, national debt and mortgage rates are all reported by the US government each day. You can find these values online at sites like forexfactory.com and verify them with your Forex strategist. In this article, we will only discuss the interest rates and treasury yields.
The first two values are fairly simple to understand. Most economists agree that US interest rates will go down and US treasury yields will go up over the next 20 years. This will mean that the US dollar should get stronger in value. You can take this long term view while also looking at the present situation in the country and remembering what Socrates once said; “He is wisest who knows that he knows nothing.”
Treasury yields change each day according to many factors and they are reported online. You can start to guess how long it will take before the improvements in the economy are going to happen by looking at these daily yields and seeing if they have gone up recently.
In simpler terms, you are going to be guessing how long it will take for the US economy to improve. Right now, interest rates are very high and treasury yields are low. The opposite will start to happen when the economy has started to improve. Then they may fall back again if there are problems along the way.
The most widely viewed of the treasuries is the ten year note. If there is a lot of demand for the note, then the value of the yield decreases. Everybody wants to buy it today so the government doesn’t have to promise as much interest in the future. Whenever there’s a high demand for this treasury, then bidders pay less and the yield will actually be higher in the future. In other words, yields change in the opposite direction to the prices of treasuries.
The reason that the yields on treasury notes change each day is mainly because people react to the daily news and sell their notes before they are actually mature. They may buy a 10-year note but they don’t hold onto it for ten years. They sell it to someone else at a different price because demand for Treasury notes or the yields are suddenly increasing.
In the next article, we will discuss the three other fundamentals which move the US dollar. They are employment, national debt and mortgage rates. By keeping these major ideas in the forefront of your mind, you can combine the basics of fundamentals in your Forex trading to other technical aspects of the market. Then you will start to develop a more well-rounded approach to online Forex trading.
Article Source: http://www.articleclick.com/Article/Fundamentals-in-Online-Forex-Trading/1533924
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Forex Trading Strategies with the Swinger Author: Kishore M
The Swinger Trading Strategy is a technical strategy based on three indicators. They focus on a traditional Moving Average crossover concept but are enhanced with some custom indicators that can be used on any currency pair or time frame. To first summarize this strategy, consider these three points;
A. Trade entries are signaled by something called a SwingLine indicator. This is a Hull Moving Average that has been enhanced and is shown in dark blue running through the price candles.
B. False signals are filtered out by something called a SwingValidator which determines when it is ok to enter. This is also shown in dark blue as a histogram.
C. Exit points are suggested by something called the Early Warning Indicator which is shown in dark blue at the bottom of the chart.
The entries for the Swinger strategy are basically the same whether you are buying or selling but the rules are simply reversed. In a buy entry, when the first candle opens above the SwingLine, it is time to go long. In a sell entry, when the first candle that opens below the SwingLine, it is time to go short. In both cases, make sure the candle actually opens completely off the SwingLine before you enter the trade. Next you will need to use the SwingValidator to make sure this is a good trade to enter.
The SwingValidator is a histogram shown in dark blue in the example below. It moves up from zero when a valid swing is developing. It moves back down when a swing is losing strength. Therefore, you will look for a SwingValidator level that is higher than the previous bar or at least the same as the previous one. It will show a trend beginning to grow.
Be careful because, if the SwingValidator stays at or near zero for three or more bars, you really need to stay away. This shows a flat consolidation period, and should never be traded. Wait for a clear upward movement of the SwingValidator before entering.
Finally, the Early Warning indicator gives suggestions where a trend may be weakening. You don’t have to exit at this point but it may be a time to consider it. The example below shows two warning signs in red and the second signal is the best exit point. The Early Warning indicator is given when the line starts to go in the opposite direction of your trade.
If you have sold and the price is going down, divergence on the EW will be up. If you are buying and the price is going up, divergence on the EW will be going down. There is a final warning signal when the EW crosses the zero line and this is also a signal that it may be time to sell because a change in trend is taking place.
In this chart: http://ifxprofits.com/article10.jpg , the green vertical line shows an entry that has been validated by the histogram and the red vertical lines show warning signals due to divergence on the Early Warning indicator. They are suggested as exit points and the second warning is better than the first.
Of course, there will also be the rare instances when the SwingLine crossing is validated by the SwingValidator but the Early Warning is already showing a divergence. This is a sign that the trade is not ideal. A more conservative trader may choose to pass on this. By going to the forums section of forexfactory.com, you can find the indicators you will need and simply download them onto your Metatrader platform. Good luck using this great strategy and happy trading!
Article Source: http://www.articleclick.com/Article/Forex-Trading-Strategies-with-the-Swinger/1531205
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
A. Trade entries are signaled by something called a SwingLine indicator. This is a Hull Moving Average that has been enhanced and is shown in dark blue running through the price candles.
B. False signals are filtered out by something called a SwingValidator which determines when it is ok to enter. This is also shown in dark blue as a histogram.
C. Exit points are suggested by something called the Early Warning Indicator which is shown in dark blue at the bottom of the chart.
The entries for the Swinger strategy are basically the same whether you are buying or selling but the rules are simply reversed. In a buy entry, when the first candle opens above the SwingLine, it is time to go long. In a sell entry, when the first candle that opens below the SwingLine, it is time to go short. In both cases, make sure the candle actually opens completely off the SwingLine before you enter the trade. Next you will need to use the SwingValidator to make sure this is a good trade to enter.
The SwingValidator is a histogram shown in dark blue in the example below. It moves up from zero when a valid swing is developing. It moves back down when a swing is losing strength. Therefore, you will look for a SwingValidator level that is higher than the previous bar or at least the same as the previous one. It will show a trend beginning to grow.
Be careful because, if the SwingValidator stays at or near zero for three or more bars, you really need to stay away. This shows a flat consolidation period, and should never be traded. Wait for a clear upward movement of the SwingValidator before entering.
Finally, the Early Warning indicator gives suggestions where a trend may be weakening. You don’t have to exit at this point but it may be a time to consider it. The example below shows two warning signs in red and the second signal is the best exit point. The Early Warning indicator is given when the line starts to go in the opposite direction of your trade.
If you have sold and the price is going down, divergence on the EW will be up. If you are buying and the price is going up, divergence on the EW will be going down. There is a final warning signal when the EW crosses the zero line and this is also a signal that it may be time to sell because a change in trend is taking place.
In this chart: http://ifxprofits.com/article10.jpg , the green vertical line shows an entry that has been validated by the histogram and the red vertical lines show warning signals due to divergence on the Early Warning indicator. They are suggested as exit points and the second warning is better than the first.
Of course, there will also be the rare instances when the SwingLine crossing is validated by the SwingValidator but the Early Warning is already showing a divergence. This is a sign that the trade is not ideal. A more conservative trader may choose to pass on this. By going to the forums section of forexfactory.com, you can find the indicators you will need and simply download them onto your Metatrader platform. Good luck using this great strategy and happy trading!
Article Source: http://www.articleclick.com/Article/Forex-Trading-Strategies-with-the-Swinger/1531205
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Sunday, October 16, 2011
Saturday, October 15, 2011
Instant FX Profits Course Creator
Biography Of Kishore M - Instant FX Profits Course Creator
By: Jefferie Wilkenson
In the many reviews that I conduct on forex systems, I always look closely at the creator of the course. The creator of the course can make the difference between something that is useless to something that is such a powerful resource.
So lets take a look at the creator of the Instant Forex Profit Course.
Kishore M (author of iForexProfits) is a millionaire forex trader, with over 10 years experience under his belt. He has also traded in stock, properties, and commodities and derivatives. He has a Masters Degree in Business from Southern New Hampshire University in the States, and has an advanced diploma in Computer Systems and Management.
Kishore M started his business journey with a security broking firm on OTCEI exchange as a private fund and equity manager. This first job was high profile, and involved managing the portfolio for import clients. He then went on to head several new ventures in Asia and also Silicon Valley in the US.
He is also a well known coach, and he is the author of best selling money making book - Retire Rich Trading. He articles have also been featured in he Singapore Stock Exchange Magazine and he has also been featured on TV via various outlets such as Asia News, Bloomberg, BBC, and the Malaysia Business Channel.
His Entrepreneurial skills resulted in him being awarded Technopreneur Investment Incentive Status from EDB Singapore Government. He is also a member of TiE worlds leaind Venture Capital Association and a vary respected and sought after public speaker in the business world.
Kishore M conducts Derivatives workshops to senior members of corporatiosn in business, as well as stock market siminars to public audiences in Asia.
Over 50,000 people have been trained by Kishore M from various countries around the world, including clients from firms such as AMEX, Deutsche Bank, HSBC, Citibank, REFCO and RHB Securities.
He was a CNBC-TV18 markets Anchor for a brief period. He also publishes an investment newsletter - Traders Alert, every week and trades his own account under his proprietary trading company - Futures Capital Holdings which has a performance of 99.05% return (2003-2004) and 233.13% return (2003-2005) attested & certified by auditors.
In summary, Kishore's credentials are very impressive and thus make this training package that he has put together a very exciting prospect for people wanting to learn how to trade in forex.
The wealth of knowledge that Kishore puts into the course will be of a benefit to beginners and experienced forex traders alike.
The launch of the system is drawing near, and as a result there is the chance to get access to free videos and $1000 of trading cash.
The videos are very interesting and include some testimonials by Kishores past clients. You can take advantage of this offer by visiting the links below.
Author Resource:-> For more on the Instant FX Profits Course, visit the instant forex profits course blog post and the instant forex profits course video.
Article From Your Best Information Source
Thursday, October 13, 2011
Online Forex Trading by Kishore M.
Online Forex trading is based on three approaches. There is the most common approach which is technical analysis. Then there is the importance of your own money management. Finally, every trader needs to know a little bit about fundamentals.
Fundamentals can be broken down into five main ideas. The first of these involves interest rates and treasury yields. Treasuries are sold by the U.S. Treasury Department each day and they help pay for government spending.
People and other governments buy these notes because they believe that the US government will pay them back with even more money in the future. Of course, the value of these promises changes each day. It is measured by many things that involve fundamentals.
A Forex investor should always be aware of the public sentiment about the US dollar because all currencies move according to this major currency. This is a simple idea but the things that make the US dollar move are far from simple. The five most fundamental things we will discuss here in relation to the US dollar are the interest rates, yield curves, employment situation, national debt and mortgage rates.
For a beginner, it is hard to put your mind around these concepts. Keeping your mind on only five ideas, rather than expanding, will help you to see what is most important and to help cut out the static.
The interest rates, yield curves, employment picture, national debt and mortgage rates are all reported by the US government each day. You can find these values online at sites like forexfactory.com and verify them with your Forex strategist. In this article, we will only discuss the interest rates and treasury yields.
The first two values are fairly simple to understand. Most economists agree that US interest rates will go down and US treasury yields will go up over the next 20 years. This will mean that the US dollar should get stronger in value. You can take this long term view while also looking at the present situation in the country and remembering what Socrates once said; “He is wisest who knows that he knows nothing.”
Treasury yields change each day according to many factors and they are reported online. You can start to guess how long it will take before the improvements in the economy are going to happen by looking at these daily yields and seeing if they have gone up recently.
In simpler terms, you are going to be guessing how long it will take for the US economy to improve. Right now, interest rates are very high and treasury yields are low. The opposite will start to happen when the economy has started to improve. Then they may fall back again if there are problems along the way.
The most widely viewed of the treasuries is the ten year note. If there is a lot of demand for the note, then the value of the yield decreases. Everybody wants to buy it today so the government doesn’t have to promise as much interest in the future. Whenever there’s a high demand for this treasury, then bidders pay less and the yield will actually be higher in the future. In other words, yields change in the opposite direction to the prices of treasuries.
The reason that the yields on treasury notes change each day is mainly because people react to the daily news and sell their notes before they are actually mature. They may buy a 10-year note but they don’t hold onto it for ten years. They sell it to someone else at a different price because demand for Treasury notes or the yields are suddenly increasing.
In the next article, we will discuss the three other fundamentals which move the US dollar. They are employment, national debt and mortgage rates. By keeping these major ideas in the forefront of your mind, you can combine the basics of fundamentals in your Forex trading to other technical aspects of the market. Then you will start to develop a more well-rounded approach to online Forex trading.
Article Source: http://www.articleclick.com/Article/Fundamentals-in-Online-Forex-Trading/1533924
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Fundamentals can be broken down into five main ideas. The first of these involves interest rates and treasury yields. Treasuries are sold by the U.S. Treasury Department each day and they help pay for government spending.
People and other governments buy these notes because they believe that the US government will pay them back with even more money in the future. Of course, the value of these promises changes each day. It is measured by many things that involve fundamentals.
A Forex investor should always be aware of the public sentiment about the US dollar because all currencies move according to this major currency. This is a simple idea but the things that make the US dollar move are far from simple. The five most fundamental things we will discuss here in relation to the US dollar are the interest rates, yield curves, employment situation, national debt and mortgage rates.
For a beginner, it is hard to put your mind around these concepts. Keeping your mind on only five ideas, rather than expanding, will help you to see what is most important and to help cut out the static.
The interest rates, yield curves, employment picture, national debt and mortgage rates are all reported by the US government each day. You can find these values online at sites like forexfactory.com and verify them with your Forex strategist. In this article, we will only discuss the interest rates and treasury yields.
The first two values are fairly simple to understand. Most economists agree that US interest rates will go down and US treasury yields will go up over the next 20 years. This will mean that the US dollar should get stronger in value. You can take this long term view while also looking at the present situation in the country and remembering what Socrates once said; “He is wisest who knows that he knows nothing.”
Treasury yields change each day according to many factors and they are reported online. You can start to guess how long it will take before the improvements in the economy are going to happen by looking at these daily yields and seeing if they have gone up recently.
In simpler terms, you are going to be guessing how long it will take for the US economy to improve. Right now, interest rates are very high and treasury yields are low. The opposite will start to happen when the economy has started to improve. Then they may fall back again if there are problems along the way.
The most widely viewed of the treasuries is the ten year note. If there is a lot of demand for the note, then the value of the yield decreases. Everybody wants to buy it today so the government doesn’t have to promise as much interest in the future. Whenever there’s a high demand for this treasury, then bidders pay less and the yield will actually be higher in the future. In other words, yields change in the opposite direction to the prices of treasuries.
The reason that the yields on treasury notes change each day is mainly because people react to the daily news and sell their notes before they are actually mature. They may buy a 10-year note but they don’t hold onto it for ten years. They sell it to someone else at a different price because demand for Treasury notes or the yields are suddenly increasing.
In the next article, we will discuss the three other fundamentals which move the US dollar. They are employment, national debt and mortgage rates. By keeping these major ideas in the forefront of your mind, you can combine the basics of fundamentals in your Forex trading to other technical aspects of the market. Then you will start to develop a more well-rounded approach to online Forex trading.
Article Source: http://www.articleclick.com/Article/Fundamentals-in-Online-Forex-Trading/1533924
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
3 More Fundamental in Forex Day Trading
3 More Fundamentals in Forex Day Trading
Author: Kishore MThree more fundamentals in Forex day trading that should always be considered by every good trader are employment, national debt and housing. When it comes to the employment figures, these are one of the biggest measures of an improved economy.
Employment in the US is at a 40 year low in 2010 and many economists believe that these numbers won’t change until the politicians figure out a way to create jobs. Bad employment numbers mean the US dollar is going to get weaker. A good trader will watch each month as new employment figures are released. Then he or she can better determine whether the US dollar will strengthen or weaken.
Second in our list of the next three fundamentals is the national debt. This is not a changing number as much as it is a general sentiment. The national debt is near 13 trillion with a $700 billion account deficit but this should really be looked at in relation to how foreign investors view the prospects of the United States future. If they like the future, the US dollar will strengthen. If they don’t like the future, you will see the dollar weaken as it has done in the latter half of 2010.
Most significant, in terms of foreign investment and the national debt are China and Japan as well as the oil-producing countries like Canada and Middle Eastern countries. These countries need US dollars in order to make sure their economies keep functioning. The US dollar represents stability to these countries because of military strength, mass consumption, and a proven system of government.
The most common way for these countries to collect US dollars is through the purchase of US Treasuries and, the more they do it, the stronger the dollar will get. Of course, these treasuries will be paid back in US dollars at a higher yield but the ongoing investment from other countries will always make the dollar stronger.
Many other factors can make treasuries more popular and driving up the interest rates. The thirteen trillion dollar debt and the seven hundred billion dollar account deficit are the most significant of these factors and countries like China need to feel like the United States is going to repay these in order to stay interested in purchasing these treasuries.
The U.S. debt can actually be reduced by allowing the dollar’s value to decline so many investors see this as a trick of the US government to “Pay back Peter by borrowing from Paul.” Letting the dollar decline through stimulus measures will make it easier to pay back the original loans that were made to China and Japan.
With this weakening strategy on the part of the US government, anytime a foreign government demands payback on their treasuries, it will likely have less value in relation to their own currency. This is because the dollar's value will be less. Countries like China and Japan are not so foolish to let this happen while they make their own economies stronger. They will use their own surpluses to make different investments in their own infrastructure. This is a way of diversifying away from US dollars and into other things. Even the Euro has gained popularity in the last half of 2010.
The final consideration in terms of fundamentals is housing. As the interest rate on a treasury note increases, so do the interest rates on mortgages. This makes it more expensive to buy a home and the demands for homes will decrease. This will have a negative impact on the economy and create a weakening dollar.
Over time, there will be higher rates that will start to increase demand for Treasury notes so don’t get too comfortable thinking you know the direction of the market. It is best to watch the treasuries each day to see these swings back and forth. The dollar will go up and down according to these swings but you will have a better idea of which way things will go when you understand these fundamentals of Forex day trading.
Article Source: http://www.articleclick.com/Article/3-More-Fundamentals-in-Forex-Day-Trading/1584395
About the Author:
Kishore M is an expert Forex Trader who was interviewed by Bloomberg & BBC. He has trained over 100,000 forex students around the world. Watch his profitable forex trading strategy videos at: http://www.ifxprofits.com
Wednesday, October 5, 2011
Kishore M Forex - Forex Robots
Kishore M did his research and discovered what percentage of the world's
richest people had made their fortunes. He modeled his efforts on their
example, and invested time, money and energy to learn all he could
about Stocks, Property and the Net, even going on to find further
education at the varsity of Berkeley in the US and INSEAD. Thru this
process,Kishore M had accumulated a vast amount of experience and
knowledge, and most importantly, he has translated all this effort into
the financial independence that he enjoys today. These days, his money
works for him. He enjoys a wonderful lifestyle, am able to go when he
would like and best of all, can spend time with his family. At last,
money can only do so much.
Kishore M started his career with an instruments Broking Firm on the OTCEI exchange as a personal fund & Equity chief, handling portfolio for high net worth people and afterwards headed a couple of start ups in asia and in US ( Silicon Valley ). Kishore M has conducted Stock & Derivatives seminars for global Brokers such as REFCO based in Singapore and Regional brokers such as CIMB based in Malaysia. His Entrepreneurial talents has won him the TII status ( Technopreneur Investment inducement status ) from EDB Singapore govt. His name is Kishore M, founder of PowerUp Capital, and his ultimate purpose is to help everybody live the life that he merits. He knows exactly how it feels, as he was there once. Life has a way of unveiling opportunities when you look for them. For over 10 years he's been actively investing and making profits in Property, Stocks, Options, Futures, foreign exchange, CFD and web marketing. He was brought up to believe that this was the best way towards a secure future. In those days, it was tough for him. He realized then and there that no job is secure. The Key to financial freedom then was he had to find out how to earn income for himself, without relying on just his qualifications.
He modeled his efforts on their example, and invested time, money and energy to learn all he could about Stocks, Property and the Net, even going on to find further education at the University of Berkeley in the USA and INSEAD. Throughout this process,Kishore M had amassed a huge amount of experience and knowledge, and most importantly, he has translated all this effort into the financial independence that he enjoys today. Nowadays, his money works for him. He enjoys a fantastic lifestyle, am ready to travel when he would like and best of all, can spend a little time with his family. Being rich has permitted him to achieve lots of his dreams. Eventually, money can only do so much.
Kishore M knows how it is like, most people work doggedly to earn a living, yet it feels like a never-ending treadmill. After paying the bills, there doesn't appear to be sufficient left over to enjoy what life has to supply. He knows exactly how it feels, because he was there once. Thankfully this isn't the case. Today, you have made a decision to visit our web site is because you want to look for new occasions to grow wealth and achieve financial independence. This is good, because when you know what you need, opportunities present themselves. For over 10 years he's been actively investing and making profits in Property, Stocks, Options, Futures, foreign exchange, CFD and web marketing. That's quite an extensive list isn't it? You might say that finding new techniques to earn income is his eagerness. Like many people, Kishore M began in life by getting an education and finding a job. He was brought up to believe that this was the only way towards a safe future. In spite of the incontrovertible fact that he had qualifications in IT and Finance, they were both pointless in the face of the Dotcom crash and the Asian fiscal crisis. The firms that he worked for closed, and thru no fault on his own, he was left without a job. To have it happen twice was a real wake up call. Worse, after he lost his job in the Dotcom crash, he had to overcome obstacles that he never expected. The Key to financial liberty then was that he had to be told how to earn income for himself, without relying on just his qualifications. Kishore M did his research and discovered how many of the Earth's wealthiest folk had made their fortunes. He modeled his efforts on their example, and invested time, money and energy to learn all he could about Stocks, Property and the Net, even going on to find further education at the university of Berkeley in the US and INSEAD. Through this process,Kishore M had amassed a massive quantity of experience and data, and most importantly, he has interpreted all this effort into the financial liberty that he enjoys today. Nowadays, his money works for him. He enjoys a wonderful way of life, am ready to travel when he would like and best of all, can spend some time with his family.
Kishore M Forex + $60,000 BONUS
Being rich has allowed him to achieve plenty of his dreams. He notice that my bigger purpose is to communicate his understanding to others and show how it is possible to succeed as he has succeeded. Kishore M started his career with a stocks Broking Firm on the OTCEI exchange as a Private fund & Equity Manager, handling portfolio for high net worth people and subsequently headed a few startups in asia and in US ( Silicon Valley ). Kishore M has conducted Stock & Derivatives seminars for world Brokers such as REFCO based in Singapore and Regional brokers like CIMB based in Malaysia. Kishore M is the writer of fastest selling book - "Retire Rich Trading" and his articles have appeared numerous times in Singapore Stock Exchange magazine and he has been featured many times in Indonesia ( Jawa Pos ) & Middle east newspaper ( Khaleej Times ) and has additionally been featured in Bloomberg TV, BBC, Malaysia Business television Channel & Singapore Channel NewsAsia, stories Radio 93.8 FM, Asian Banker journal, and on worldwide Hedge Fund sites such as Hedge fund Center, HedgeWeek, HedgeFund Research and Hedge Funds World.
Article Source: http://www.articleclick.com/Article/Kishore-M-Forex-Forex-Robots/1291105
About the Author:
You will make money if you stick to a consistent set of proven strategies. In the Kishore's forex course, all of us are trained to stick to these strategies and be consistent in identifying the setups when the occur. With the forum and live trading offered on a weekly basis, we are all able to better trade by learning from each other as well as from the more experienced full time traders.Click here to edit.
Kishore M started his career with an instruments Broking Firm on the OTCEI exchange as a personal fund & Equity chief, handling portfolio for high net worth people and afterwards headed a couple of start ups in asia and in US ( Silicon Valley ). Kishore M has conducted Stock & Derivatives seminars for global Brokers such as REFCO based in Singapore and Regional brokers such as CIMB based in Malaysia. His Entrepreneurial talents has won him the TII status ( Technopreneur Investment inducement status ) from EDB Singapore govt. His name is Kishore M, founder of PowerUp Capital, and his ultimate purpose is to help everybody live the life that he merits. He knows exactly how it feels, as he was there once. Life has a way of unveiling opportunities when you look for them. For over 10 years he's been actively investing and making profits in Property, Stocks, Options, Futures, foreign exchange, CFD and web marketing. He was brought up to believe that this was the best way towards a secure future. In those days, it was tough for him. He realized then and there that no job is secure. The Key to financial freedom then was he had to find out how to earn income for himself, without relying on just his qualifications.
He modeled his efforts on their example, and invested time, money and energy to learn all he could about Stocks, Property and the Net, even going on to find further education at the University of Berkeley in the USA and INSEAD. Throughout this process,Kishore M had amassed a huge amount of experience and knowledge, and most importantly, he has translated all this effort into the financial independence that he enjoys today. Nowadays, his money works for him. He enjoys a fantastic lifestyle, am ready to travel when he would like and best of all, can spend a little time with his family. Being rich has permitted him to achieve lots of his dreams. Eventually, money can only do so much.
Kishore M knows how it is like, most people work doggedly to earn a living, yet it feels like a never-ending treadmill. After paying the bills, there doesn't appear to be sufficient left over to enjoy what life has to supply. He knows exactly how it feels, because he was there once. Thankfully this isn't the case. Today, you have made a decision to visit our web site is because you want to look for new occasions to grow wealth and achieve financial independence. This is good, because when you know what you need, opportunities present themselves. For over 10 years he's been actively investing and making profits in Property, Stocks, Options, Futures, foreign exchange, CFD and web marketing. That's quite an extensive list isn't it? You might say that finding new techniques to earn income is his eagerness. Like many people, Kishore M began in life by getting an education and finding a job. He was brought up to believe that this was the only way towards a safe future. In spite of the incontrovertible fact that he had qualifications in IT and Finance, they were both pointless in the face of the Dotcom crash and the Asian fiscal crisis. The firms that he worked for closed, and thru no fault on his own, he was left without a job. To have it happen twice was a real wake up call. Worse, after he lost his job in the Dotcom crash, he had to overcome obstacles that he never expected. The Key to financial liberty then was that he had to be told how to earn income for himself, without relying on just his qualifications. Kishore M did his research and discovered how many of the Earth's wealthiest folk had made their fortunes. He modeled his efforts on their example, and invested time, money and energy to learn all he could about Stocks, Property and the Net, even going on to find further education at the university of Berkeley in the US and INSEAD. Through this process,Kishore M had amassed a massive quantity of experience and data, and most importantly, he has interpreted all this effort into the financial liberty that he enjoys today. Nowadays, his money works for him. He enjoys a wonderful way of life, am ready to travel when he would like and best of all, can spend some time with his family.
Kishore M Forex + $60,000 BONUS
Being rich has allowed him to achieve plenty of his dreams. He notice that my bigger purpose is to communicate his understanding to others and show how it is possible to succeed as he has succeeded. Kishore M started his career with a stocks Broking Firm on the OTCEI exchange as a Private fund & Equity Manager, handling portfolio for high net worth people and subsequently headed a few startups in asia and in US ( Silicon Valley ). Kishore M has conducted Stock & Derivatives seminars for world Brokers such as REFCO based in Singapore and Regional brokers like CIMB based in Malaysia. Kishore M is the writer of fastest selling book - "Retire Rich Trading" and his articles have appeared numerous times in Singapore Stock Exchange magazine and he has been featured many times in Indonesia ( Jawa Pos ) & Middle east newspaper ( Khaleej Times ) and has additionally been featured in Bloomberg TV, BBC, Malaysia Business television Channel & Singapore Channel NewsAsia, stories Radio 93.8 FM, Asian Banker journal, and on worldwide Hedge Fund sites such as Hedge fund Center, HedgeWeek, HedgeFund Research and Hedge Funds World.
Article Source: http://www.articleclick.com/Article/Kishore-M-Forex-Forex-Robots/1291105
About the Author:
You will make money if you stick to a consistent set of proven strategies. In the Kishore's forex course, all of us are trained to stick to these strategies and be consistent in identifying the setups when the occur. With the forum and live trading offered on a weekly basis, we are all able to better trade by learning from each other as well as from the more experienced full time traders.Click here to edit.
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