Asian forex markets

Tuesday 14 April 2009

Asian markets and currencies in moving yen because Japan is an economic engine for the region. Economic problems and / or political instability in individual countries, often have a strong pressure on Japanese companies and banks that have a lot invested in this region, and therefore instability in Asia undermines yen.

Japanese stock market: When NIKKEI falls, yen usually also falls, as investors away from Japanese assets, and vice versa. Moreover, since Japanese banks use large packages of its shares as part of the capital structure, with the fall of the Japanese NIKKEI weaker banks.

Japanese market for government bonds: the 10-year Japanese government bonds (JGB) typically generate revenues when the economy stumbles and falls NIKKEI. As the price of bonds is growing, profitable spread between the U.S. Securities and JGB is expanding, and money spent in the stock market in bonds, tend to go abroad, giving the yen more push down. If the price of bonds falls, it often happens when international investors have fully come out of yen-denominated assets, which also weakens the yen.

Japanese current account and trade performance: The market assumes that if the Japanese trade surplus will be large, and if there will be fluctuations in the figures, the impact would be minimal. And even if the crisis in Japan is declining, the balance is definitely a great help to yen.

Investment capital: The indicator of economic health, observed the Bank of Japan. This is another tip for corporate investment in plant and equipment, a key factor for long-term economic growth.

Tankan review: a quarterly business review secret corporate sector, produced by the Bank of Japan. A key indicator of the health of the corporate sector. Of leading indicators of employment and capital investment.

Online forex

Many centers allow dealing in forex through their website. However, this method is not stable, it can always pass break, or your browser again to start fail and you miss an important point of sale. Much more convenient to use special software, but you will always be available online forex, if you are traveling.

Conceit - a trader's worst enemy

Friday 10 April 2009

Among the various problems faced by the trader when trading in the forex, there is the problem of arrogance. It appears that when a person takes any action one way, it is very difficult to switch to another if necessary. The difficulty is that, privyknuv to something a good reading of this, people think that it not be difficult to quickly and successfully pereuchitsya and learn another thing, especially if a man think that it is not very different that in which he very well understands.
As an example, deliver the skill of driving, as well as in trade, too, need to acquire skills that «automatically» to follow the system. It is honed action makes a successful trading.
So what is going on Driving a car? First, people act slowly and carefully, trying to carefully monitor every detail. With experience, he developed driving skills, that is now a man does not need the stress completely for all to follow, many of the actions carried out by «automatically».
Compare the process of driving to the sale. In trading the same way at first is the accumulation of experience, then move to the «Automatic» Implementation of most action.
But sometimes such moments come when you need to change strategy, because it is most consistent with a sudden come to change the market. When such moments, you'll need as soon as possible to adjust and learn to use a new strategy, that trade was good. At first glance, it seems that it's very easy and people do not put sufficient effort to re-learn a new strategy because they believe that if successfully mastered the previous, it does learn quickly and easily .... The problem lies in that all think that way.
Now I will try to prove that it is not so ...
Consider the example of driving a car. Consider a situation where people learned to drive a car with automatic transmission, and used this skill for 10 years. Maybe he needs to learn to drive a car with manual gearbox .... Even despite the fact that, in principle, a person can drive a car, he will have many difficulties. Man is constantly mess in the action as it takes over the top arrogance .... The old method will always be reminded of, as a person would be a great desire to do everything as before. On the most cautious people sometimes forget, but it is fraught with bad consequences ...
To effectively learn a new method, you need to begin to cease to use the old way, and then learn new ways. We need to re-start training and do not expect that because you very well know how to use the old way, you can easily learn a new one. Pereuchivatsya sometimes more difficult than starting from the beginning, because it is very difficult to change old habits.

The term Forex (stock market forecast forex forex strategy PIF) is an acronym of English expressions Foreign Exchange Operations, which means "currency conversion transactions." This kind of operation constitute a significant proportion of the world financial market. (Where to invest money, online trading, financial news) Turnover of the U.S. stock market with a volume of 300 billion dollars a day yields Forex about 3 times. (Forex book forex market, metatrader, dollar exchange rate) is estimated Wall Street Journal, in September 1992, the volume totaled around $ 1 trillion. dollars a day (in the currency broker). Today's Forex image of a once in March 1973, the participating countries (the stock market, forecast forex forex strategy, PIF), the EU rejected the system of fixed exchange rates. (Where to invest money, online trading, financial news) This historic event has allowed a realistic assessment of the value of currencies of leading world powers. In essence, ended the logical chain, which until then had been impossible to properly assess the country's balance of payments. (Where to invest money, online trading, financial news) demand has been asked to adjust the sentence. (Currency converter, broker)

Major currencies, comprising the bulk of the market Forex, is not difficult to guess. (Forex book forex market, metatrader, dollar exchange rate) they are the calling card of those countries that dictate the rules of "game" the rest of the world. This British Pound Sterling, Swiss Franc, Japanese Yen, Euro, came to replace the German mark, and, of course, the U.S. dollar. However, Forex is not a "market" in the traditional sense of the word. (Forex book forex market, metatrader, dollar exchange rate), he has no specific place of trade, such as currency futures. Trading occurs over the telephone and through computer terminals simultaneously in hundreds of banks worldwide. (Currency broker) Other (stock market forecast forex forex strategy, PIF), a significant difference is that the Forex market operates around the clock throughout the work week. (Where to invest money, online trading, financial news) Almost in each of time zones (London, New York, Tokyo, Hong Kong, Sydney) has dealers willing to exchange one currency for another. Another advantage of the market Forex - is the use of marzhevoy trade (margin trade). For example, a transaction amounting to 100,000 U.S. dollars to make a deposit (margin), ranges from 1 to 10% of the amount of the contract. (Where to invest money, online trading, financial news) This principle was established a name - "the credit (market forex books forex, metatrader, dollar exchange rate) shoulder." (Currency broker) Today, the financial intermediaries most popular value of leverage is the ratio of 1 to 100.

The composition of the foreign exchange market is diverse: banks, multinational corporations, brokerage houses, small companies and private investors. The large quantity and (forex book forex market, metatrader, dollar exchange rate) (stock market forecast forex forex strategy, PIF), the diversity of financial and credit institutions and investment permits in each case choose the most suitable technology transactions and the most appropriate conditions - such as the size of the deposit, the minimum amount of the transaction, leverage, commissions, etc. (Currency broker) To understand what is driving the market Forex, (where to invest money, online trading, financial news) must be paid to those who created and maintains today. As we have noted (forex book forex market, metatrader, exchange rate dollar) exchange is a kind of business cards. This act states determine the current value of their currencies in the market. (Currency broker) components (the stock market, forex forecast forex strategy PIF) factors of these actions are the development of the economy, domestic and foreign policy, the actions of government central banks. On the Forex market, you can talk a lot - and at the same time do not say anything. We try not to bother the reader, first time, faced with the market Forex, complex terms. Recall only that the high liquidity of the market, on the one hand, it attracts investors from all over the world, but on the other hand, makes it one of the riskiest occupations in the already arduous life. (Forex book forex market, metatrader, dollar exchange rate) and this should not be forgotten. (Currency broker) (where to invest money, online trading, financial news) (stock market forecast forex forex strategy, PIF)

Suppose that the magazine is now in the hands of people who knows about the Forex market, only by hearsay. One can understand his desire to increase their wealth with the help of the foreign exchange market operations. (Forex book forex market, metatrader, dollar exchange rate) the attractiveness of them do not hold. (Where to invest money, online trading, financial news) Note only that, even if, before the real auction is not come, you not only did not lose, but can confidently say that "came out of the market dry." Otherwise, the responsibility for everything that happens to you after that, will fall entirely on your shoulders. (Currency broker) (stock market forecast forex forex strategy, PIF)

Becoming a party to the market Forex - thus becoming the trader, currency speculators. (Forex book forex market, metatrader, dollar exchange rate) stereotypes of the past 70 years in our country, describes as illegal speculator. Well, for the definition of "currency" in his time could shlopotat to full reel. Thus, the dictionary SI Ожегова, 1970 edition, clearly interpreted the term "speculation": "criminal purchase and resale of private individuals products, consumer goods, property, assets, etc. in order to gain (usually using the difference in prices, illegal, and so improve their section). (Currency broker) The term "speculator" is rooted in the distant past. Translated from Latin it means "observation", which is something very good is the man. So do not hesitate! (Stock market forecast forex forex strategy, PIF)

Do currency speculators no discrimination based on sex. (Forex book forex market, metatrader, dollar exchange rate) (where to invest money, online trading, financial news) Along with the strong floor, shoulder to shoulder, no less in sharpness and сообразительности, work and women. The New York Stock Exchange (NYSE) will always be remembered Muriel Zabert - the first woman, won in 1960, its own place on the stock exchange (forex book forex market, metatrader, dollar exchange rate) and later based in the United States a major brokerage firm. Basic operation trader is buying and selling currencies. Arithmetic is simple. Its meaning is to first buy a cheap, then sell подороже. Let all of (the stock market, forex forecast forex strategy PIF) procedure. Buying Japanese yen at the exchange rate of 109.55 to U.S. $ 1.000 and multiplying the result by the amount of leverage 100, we get 10,955,000 yen. Open position was established at 1,000 yen in U.S. dollars. To complete the operation, it is necessary to return the 1,000 dollars back. (Where to invest money, Internet Trading, Financial News) When you change the rate at 109.37 yen for the purchase of 1,000 U.S. dollars will have to spend 10,937,000 yen. Obtained as a result of this (forex book forex market, metatrader, dollar exchange rate) operation the difference in the amount of 18,000 yen will be your profit. (Currency broker) At the close of the position of 18.000 Japanese yen will be converted to 165 U.S. dollars at the rate of closing of 109.37. (Forex book forex market, metatrader, dollar exchange rate) If you change the course of yen in the opposite direction you are, accordingly, will lose money. To reduce risk, will have to be patient and come to grips with learning. (Stock market forecast forex forex strategy, PIF)

I suggest 3-4 months to sit at the monitor on a demo account. Forex you need to experience. The knowledge that you gain during this time, save your money. Recommend a company as a financial intermediary does not want and I will not.

Well, at last - unless a few tips:
Does not strive to make all the money at once; (forex book forex market, metatrader, dollar exchange rate)

always be prepared for losses and take them with dignity, Analyze, (where to invest money, online trading, financial news)

foreseen with the amount that you can afford to lose;

no open positions for the entire deposit (the stock market, forecast forex forex strategy, PIF)

Do not let gambling away your money;

remember that the money - it is just money, your life is much more important. (Currency converter, broker)

The market Forex (Forex) - the interbank market, launched in 1971, when international trade shifted from fixed to floating exchange rates. This rate of one currency relative to another is determined by the most obvious way - with the exchange ratio between them, to which both parties agree.

The market by volume, surpassing all others. (Forex book forex market, metatrader, dollar exchange rate) (where to invest money, online trading, financial news), for example, daily global securities market is approximately $ 300 billion, while Forex market is estimated to be 1-3 trillion dollars in day. (Currency broker) (stock market forecast forex forex strategy, PIF)

However, Forex is not a "market" in the traditional sense of the word. He has no specific place of trade, such as stocks or currency futures. In the Forex market trading occurs over the telephone and through computer terminals simultaneously in hundreds of banks around the world.

In addition, futures and stock markets have one more significant difference, while the restriction - trading was suspended at the end of the day and resumed only next morning. However, if you sell on the Russian market (forex book forex market, metatrader, dollar exchange rate) and some significant market developments in the United States, the morning opening of the market may not be quite like you expected. (Currency broker) (where to invest money, online trading, financial news) (stock market forecast forex forex strategy, PIF)

Forex market operates 24 hours a day, and exchange throughout the working week does not end. Almost each time zones (ie, in London, New York, Tokyo, Hong Kong, Sydney, etc.) has dealers willing to quote currencies. (Stock market forecast forex forex strategy, PIF)

Forex Market Terminology
ASK - offer price, on which the transaction to buy (the stock market, forecast forex forex strategy, PIF)

BID - Bid, in which the transaction for the sale (forex book forex market, metatrader, dollar exchange rate)

COMMISSION - (commission) fee for maintaining the operations of the broker on behalf of a client as an agent.

FLAT (SQUARE) - (closed) "neutral" position when closed all the positions. (Currency converter, broker)

GTC (Good Till Cancelled) - (well not yet canceled) order (warrant) to buy or sell currency at a fixed price or worse. Order remains in effect until its execution or cancellation of the customer. (Where to invest money, Internet Trading, Financial News)

LIMIT ORDER - (limited order) available to the broker for the purchase of certain lots of tools and assets for a specific price or lower it, or sell at the specified price or better. Specified price is called a limited price (limit price).

LOSS - (loss, loss) decrease in invested assets resulting from operations, or excess of expenditure for the operation of the income derived from it. (Stock market forecast forex forex strategy, PIF)

LOT - a certain number of units or amount of assets (currency broker) adopted for the transaction in the market for a particular instrument (usually the number of units in the amount of lot 100). (Forex book forex market, metatrader, dollar exchange rate)

MARGIN - (margin, security) the amount of money or a certain number of securities that an investor must deposit with the broker in providing loans for an investment. This amount represents the cash collateral or marzhevom pledge to the investor's account, which provides cover potential losses that may occur when marzhevoy trade. (Where to invest money, online trading, financial news)

MARGIN ACCOUNT - (marzhevoy expense) account, on which the client obtains a loan from the broker / dealer for transactions.

MARGIN CALL - the requirement for additional security. (Currency broker) Requiring the client to deposit money from a broker in the implementation of financial transactions, when the amount of margin is reduced below the minimum level set by the market or the firm.

MARKET ORDER - (market order), available to buy or sell a certain lot of tools and the volume at which a broker executes it at the best price available at the time of receipt of order. (Currency broker) (stock market forecast forex forex strategy, PIF)

MARKET PRICE - (market rate) in an open market is dynamically changed by the prices of buyers and sellers on a particular market-based instruments. In an exchange - the last announced price. (Forex book forex market, metatrader, dollar exchange rate)

OFFER - the offer price to the seller. Offer to sell for a certain price.

OPENED POSITION (TRADE) - (open position) the market volume of contracts for uncompleted transactions. When playing at improving the position is called the "long", when playing for a fall - "short". (Where to invest money, online trading, financial news)

ORDER - (order) available to the broker to buy or sell a certain lot of tools and the volume of a given course.

PIPS (POINT) - (pips, para), the last figure in the writing quotes (1 pips = 0.0001). (Stock market forecast forex forex strategy, PIF)

PROFIT (GAIN) - (profit, profit) positive result from an investment or business operation after the cleaning costs for its implementation.

REALIZED PROFIT / LOSS - Profit / loss on settled (closed reverse transaction) positions. (Forex book forex market, metatrader, dollar exchange rate)

RESISTANCE - (resistance) level of prices at which the intensive selling can be suspended or expand a tendency to increase.

SETTLED (CLOSED) POSITION - (closed position) to resolve the market position for which a reverse transaction, and calculated.

SPREAD - the difference between the price of demand and cost proposals (currency broker) (stock market forecast forex forex strategy PIF) (where to invest money, online trading, financial news)

STOP-LIMIT ORDER - (A stop-limit order), available to buy or sell a particular instrument and a lot of volume, but only if the price reaches a specified level. Usually a combination of stop orders and limit-order.

STOP-LOSS ORDER - (stop-loss order) available to buy or sell currency at a fixed price or worse. This warrant is usually exposed to limit losses if the market moved in a direction opposite the expected. (Forex book forex market, metatrader, dollar exchange rate)

SUPPORT - (support) price level at which intensive buying can be suspended or expand a downtrend.

TREND - created as a result of various factors, the direction of movement of prices. (Stock market forecast forex forex strategy, PIF)

UNREALIZED (FLOATING) PROFIT / LOSS - non-profit / loss, unrealized until the position is not addressed, ie by a reverse transaction. (Currency broker) (where to invest money, Internet Trading, Financial News)

USEABLE MARGIN - (available margin) the amount of funds to marzhevom be available for the calculations on the results of ongoing transactions. Calculated as the difference between the current balance on the account, taking into account unrealized profits and the amount of funds frozen under the cover open positions.

USED MARGIN - the amount of funds on the account frozen under cover potential losses on open positions. (Where to invest money, online trading, financial news) is a tool for management of customer risk when playing on the terms marzhevoy trade. (Currency broker) (forex book forex market, metatrader, dollar exchange rate) (stock market forecast forex forex strategy, PIF)

Practical advice
Here are some practical tips and unwritten rules, the existing players in the market Forex.

Do not play against the market

Trend is your friend

The market always has a certain direction. It is important to understand the "mood" market and the majority of positions open in the direction of the prevailing trend. Other friends, other than the trend in the market no longer exists.

Buy dips - sell the rallies (forex book forex market, metatrader, dollar exchange rate)

Not Lovi peaks - Lovi strategy (where to invest money, online trading, financial news) (stock market forecast forex forex strategy, PIF)

The first assertion is more playful nature of axioms. The main thrust of the market just is to buy at the bottom and sell the top. It is important to correctly identify the time of entry into the market - where low, and where the top. For the novice trader should be to try to determine rather than the top or bottom of the current trends and to understand the dominant mood of the market and build their game on that. In this sense, the latter assertion is in keeping with the previous ones. In order to successfully play in this market should be more likely to anticipate the expectations of its participants at any given time, rather than build the "right" with the academic and technical points of view forecast market movements.

Are not traded on a schedule - a decision must be mature (the stock market, forecast forex forex strategy, PIF)

Pre-defined script action (forex book forex market, metatrader, dollar exchange rate)

Take Action discipline (currency converter, broker)

A very important point in the trade is to define the moment of entry into the market, as well as, of course, and exit the trade. Do not enter the market with an unclear situation or, if occurring fluctuations do not fit in any of the expected scenario, and if possible, try to fix the previously open position, as it is at times chaotic traffic are the greatest risk of loss. The bad habit is, when the novice trader, sat down for the computer starts convulsively search tool and the direction in which you can open. The beginning of work is in this case, a superficial analysis and a desire to begin work. " Serious analysis - is also working with the most important stage. Before opening the position you need to determine for themselves the level preferred to start the trade, to monitor the trend and enter the market in case of convergence trends with your expectations. Sometimes the case is not even one day. And one more: to define a plan of action with a warrant, it is important to adhere to those decisions prior to the closing position. Early or late entry into the market, change orders without good reasons often leads to unnecessary losses. (Currency broker) (stock market forecast forex forex strategy, PIF)

Ride on profits long. Cut off losses short (forex book forex market, metatrader, dollar exchange rate)

At the very least - equal loss and profits

These two statements refer to the crucial issue - risk management at work in the market Forex. Beginner trader, saw a small profit on the position, often immediately grabs her and at the same time, long can not be resolved to close loss-making position in the hope of a favorable change of course. (Where to invest money, online trading, financial news) This is a major cause of losses at the initial stage. It is important to measure and approximate volume of closed, gains and losses, and the same goes for the placement of stop orders. Otherwise, in case of permanent loss of the excess profits long-term perspective will lead to undesirable results. Try "difficult" to part with lucrative positions with ease and close positions with a reasonable loss of motion at the slightest discrepancy rate with the expected scenario. (Currency converter, broker)

Limits the number of data (stock market forecast forex forex strategy, PIF)

Do not read much, read the useful (forex book forex market, metatrader, dollar exchange rate)

Do not mix trade with academic views

One of the most important points is to identify sources of information to be used by a trader with the transaction. Information on the market a lot, it is necessary to identify those sources that can be useful when conducting transactions. It is important to determine what to use and what to read to understand the market and not to rush to find any information. (Currency broker) Not all of the assessment, information sources and individual instruments are trustworthy. There is a need to create an effective trading system and follow the signals. And one more: the actual purchase or sale is not the same thing that the discussion about the market, even if it is correct to the academic point of view. Some people are selling, while others talk, and usually different people.

Composure and stay calm (which to invest money, online trading, financial news)

Do not hurry to sell - the market will never end (stock market forecast forex forex strategy, PIF)

And the last. You must always keep ourselves in his hands. A huge amount of loss occurs due to loss of self. And too much euphoria, with a profitable position or a total profit on the account is not less dangerous than the nerves and Put your hands in the loss. Today, you lose, but you always have a chance to win. Recorded a loss or a good profit, do not try to immediately enter the market again to "earn more" or "aftergame. Try to cool down and reflect on the results, and only then with a cold head again enter the market. (Currency broker) (forex book forex market, metatrader, dollar exchange rate) (stock market forecast forex forex strategy, PIF)

Trading Terminal

Company LiteForex Trading Limited for the work in the FOREX market offers its customers the most popular and powerful trading platform - MetaTrader 4 developed by rommiyskoy MetaQuotes Software Corporation.

Client terminal MetaTrader 4 is designed to carry out trade operations and technical analysis in real time while working in the markets of Forex, CFD, Futures. Several types of embedded warrants allow flexibility to manage trade activities.

In addition to the large number of technical indicators and linear instruments in a terminal built their own trading strategies programming language MetaQuotes Language 4. Using this language, you can create a mechanical trading system (Counselors, Expert Advisors), custom indicators (Custom Indicators) and scripts (Scripts). Advisers are able to in real time to analyze the situation on the market, make decisions, make orders and open positions without the participation of the trader. Custom Indicators, as well as technical, can analyze the market situation and generate various signals. And the scripts are intended for one-time performance of any action.

Client terminal MetaTrader 4 is:
Work with the tools market Forex, Futures and CFD;
Various technologies of execution of warrants: Instant Execution, Request Execution, Market Execution;
the confidentiality of ongoing operations;
unlimited number of schedules;
support for different time periods of graphs;
a large number of technical indicators and line tools;
Experts, Custom Indicators and Scripts;
Export data in real time on the protocol DDE;
signals of system and trading events;
prompt receipt of the news;
multilingual interface;
internal e-mail;
printing schedules.