Sell Eur/Usd @ 1.3295
T.p - 50 Pips, 80 Pips
S.l - 50 Pips
Trade on your Risk .....
T.p - 50 Pips, 80 Pips
S.l - 50 Pips
Trade on your Risk .....
Showing posts with label eur/usd. Show all posts
Showing posts with label eur/usd. Show all posts
Tuesday, 22 January 2013
Sunday, 16 December 2012
Sell Eur/Jpy
18:56
A Volatile Market: A Blessing or A Curse?, about eur/usd, Accurately Time Your Trade, become millionaire, business tips, buy or sell, eur/usd, eur/yen, foreign exchange market, forex, forex benifits, forex bonus
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Sell Eur/Jpy @110.45
T.p 70 pips
S.l 70 Pips
T.p 70 pips
S.l 70 Pips
Friday, 14 December 2012
Why It's Important to Accurately Time Your Trade
08:35
about forex, Accurately Time Your Trade, Automated Trading usa, become millionaire, best forex broker, business tips, buy or sell, double bonus, eur/usd, foreign currency trading tips, forex, Time Your Trade
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Timing is everything in forex. Time it right, you win. Get your timing wrong, your money goes up in smoke.
In a fast paced market with periods of intense volatility like the forex market, timing is essential. There is a saying that “the trend is your friend till it ends”. I will say that the “trend is your enemy if you get in too late”.
Traders are advised to “trade fundamentally, enter technically.” This implies that traders are expected to follow the direction of a high impact news item. But in doing so, traders must use their technical analysis to enter at the right time.
What happens if entries are not timed properly? These are the scenarios that could occur.
1) Some high impact news hits the news wires and it favors a long trade. You go long, but you discover that the market has spiked by almost 80 pips about a second after news release. Your entry is still pending, waiting for the broker to fulfill it. Too late. Prices are too far gone and you are asked to “REQUOTE”. Not wanting to miss out, you re-enter the market not minding the prices, and your order is instantly fulfilled. Suddenly, the price starts to retrace wildly, and you are stopped out, just in time for the price to resume its move northwards. It’s almost like the market maker was watching you to do you in.
2) The second scenario is a bit like the first, but instead of a requote, your order is filled at a price so far away from market price, it will take a miracle move in the trade direction to break even, let alone make a profit. Slippage sucks.
Let’s explain the two scenarios. In a high impact news trade, the news feeds are received by the institutional investors before anyone else via premium news services like Bloomberg and Reuters, who charge thousands of dollars a month for this. A team of veteran traders will be waiting to analyze the news and hit the trade buttons fast. The sheer volume of such trades sends the currency price candlesticks spiking. Sometimes the spikes happen even before the retail traders get the same news. As such, any trade entered by a retail trader at this point will most likely not be fulfilled; requotes follow. If a trader enters the trade at this time, he will meet the institutional guys offloading their positions to take profits, and he will get hit by the unavoidable retracement that follows.
The two scenarios are a case of wrong timing at work.
How Can You Accurately Time Your Trades to Avoid Losses?
For news trades, it is pretty obvious here that you should not try mixing it with the big dogs. You will get blown out by the two scenarios I painted again and again. Only enter news trades when the initial madness has died down. Soon, the market will respond in a slower and more purposeful direction to the news trade, as we see here from the Non-Farm Payroll report of June 3, 2011.
Secondly, use pivot points in addition to your other technical indicators to determine if you are still within touching distance of a profit. If a long trade is closer to a resistance than a support level, the chances of that trading making a profit is lower than if the entry was closer to the support level.
There are many tips, but hang on to these two for now.
Traders are advised to “trade fundamentally, enter technically.” This implies that traders are expected to follow the direction of a high impact news item. But in doing so, traders must use their technical analysis to enter at the right time.
What happens if entries are not timed properly? These are the scenarios that could occur.
1) Some high impact news hits the news wires and it favors a long trade. You go long, but you discover that the market has spiked by almost 80 pips about a second after news release. Your entry is still pending, waiting for the broker to fulfill it. Too late. Prices are too far gone and you are asked to “REQUOTE”. Not wanting to miss out, you re-enter the market not minding the prices, and your order is instantly fulfilled. Suddenly, the price starts to retrace wildly, and you are stopped out, just in time for the price to resume its move northwards. It’s almost like the market maker was watching you to do you in.
2) The second scenario is a bit like the first, but instead of a requote, your order is filled at a price so far away from market price, it will take a miracle move in the trade direction to break even, let alone make a profit. Slippage sucks.
Let’s explain the two scenarios. In a high impact news trade, the news feeds are received by the institutional investors before anyone else via premium news services like Bloomberg and Reuters, who charge thousands of dollars a month for this. A team of veteran traders will be waiting to analyze the news and hit the trade buttons fast. The sheer volume of such trades sends the currency price candlesticks spiking. Sometimes the spikes happen even before the retail traders get the same news. As such, any trade entered by a retail trader at this point will most likely not be fulfilled; requotes follow. If a trader enters the trade at this time, he will meet the institutional guys offloading their positions to take profits, and he will get hit by the unavoidable retracement that follows.
The two scenarios are a case of wrong timing at work.
How Can You Accurately Time Your Trades to Avoid Losses?
For news trades, it is pretty obvious here that you should not try mixing it with the big dogs. You will get blown out by the two scenarios I painted again and again. Only enter news trades when the initial madness has died down. Soon, the market will respond in a slower and more purposeful direction to the news trade, as we see here from the Non-Farm Payroll report of June 3, 2011.
Secondly, use pivot points in addition to your other technical indicators to determine if you are still within touching distance of a profit. If a long trade is closer to a resistance than a support level, the chances of that trading making a profit is lower than if the entry was closer to the support level.
There are many tips, but hang on to these two for now.
Thursday, 6 December 2012
The best hours to trade Forex
01:10
CFD, commodities, eur/usd, eur/usd tips, foreign exchange market, Forex Currency Pairs, forex experts, forex free account, forex strategies, Profitable Strategy, The best hours to trade Forex, trade forex
1 comment
The highly volatile and dynamic market of currency trading is built on the price changes of currency pairs that are being traded. There can be any number of price changes oscillating from high to low and back within any given minute. The Forex market is volatile and busy due to the number of traders buying and selling currencies. Demand and supply is the same and rules regarding these apply in the same way as in any other market. An investor who wants profitable trades can start at the time the market is at its busiest. This means that the investor will be able to find either buyers or sellers for his currency trading.
One salient point about the Forex market is that you are always able to find a buyer or a seller for your currency trading needs. This is an aspect of currency trading that is a distinct advantage to traders. For one thing, you can trade at any time during the day or night as the market is open at one of the sessions around the world. This access to the market is one factor for its popularity among retail traders. Trading starts off in New Zealand and is followed closely by Australia, Asia, Middle East, Europe and finally America. Each of these market sessions has their own characteristics. Out of these sessions more than 50% of the trading is done during the European session and the American session. Therefore, a trader who wants to trade more profitably should concentrate on these two sessions.
The different sessions around the world at time overlap each other in trading hours. These overlapping time periods offer the most dynamic and profitable trades for the investor. Out of the overlapping time periods the best are when London and New York sessions overlap. This gives the investor the most dynamic and busiest time in the entire Forex market offering the best potential for profits.
As a trader or an investor in the foreign exchange market it is best to study the overlapping time periods and trade within them. A close study will reveal that the New York session overlaps the London session during 8:00 am and 12 Noon EST. Most big market moves originate during the London session and the time that overlaps the New York session.
One salient point about the Forex market is that you are always able to find a buyer or a seller for your currency trading needs. This is an aspect of currency trading that is a distinct advantage to traders. For one thing, you can trade at any time during the day or night as the market is open at one of the sessions around the world. This access to the market is one factor for its popularity among retail traders. Trading starts off in New Zealand and is followed closely by Australia, Asia, Middle East, Europe and finally America. Each of these market sessions has their own characteristics. Out of these sessions more than 50% of the trading is done during the European session and the American session. Therefore, a trader who wants to trade more profitably should concentrate on these two sessions.
The different sessions around the world at time overlap each other in trading hours. These overlapping time periods offer the most dynamic and profitable trades for the investor. Out of the overlapping time periods the best are when London and New York sessions overlap. This gives the investor the most dynamic and busiest time in the entire Forex market offering the best potential for profits.
As a trader or an investor in the foreign exchange market it is best to study the overlapping time periods and trade within them. A close study will reveal that the New York session overlaps the London session during 8:00 am and 12 Noon EST. Most big market moves originate during the London session and the time that overlaps the New York session.
Sunday, 4 November 2012
Buy Gold, Eur/Usd and GBP/Usd
22:10
eur/usd, foreign currency trading, forex, forex free alerts, forex strategies, forex trading tips, free trading signals, gbp/usd, gold, onlyforextips, signals, Tips For beginners in forex, trading ideas
4 comments
Xau: buy at 1679 tp 1686, 1693.50
stop: 1672.50
Eur/usd: buy at 1.2826, tp 1.2865, 1.2900
stop: 1.2785
GBP/USD: buy AT 1.6026, TP 1.6070,1.6108
STOP: 1.5988
stop: 1672.50
Eur/usd: buy at 1.2826, tp 1.2865, 1.2900
stop: 1.2785
GBP/USD: buy AT 1.6026, TP 1.6070,1.6108
STOP: 1.5988
Tuesday, 30 October 2012
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