Theleftanchor.com::Forex trading -Technical analysis daily,weekly

The Fibonacci retracement levels allow operators to identify an area where they can open transaction. These areas are defined according to the previously mentioned Fibonacci ratio. Operators are able to understand also the time at which the market will pull back. This level can be defined as a support of Fibonacci in a market which is in up trend, or in an upward trend.

On the other hand, in a market trend indicates the term of the Fibonacci resistance level when there is a new high-level study and found with Fibonacci levels.
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Forex is a graph composed of a group of data that capture the movement of prices. The graph is drawn so as to gain time on the horizontal axis and price on the vertical axis. Unlike other charts, what the Forex is made up of small units, known as pips, which allow us to know the maximum price, the minimum, those opening and closing.

The candlestick chart, the most ever used in the currency market, was born in Japan in the Edo period and is now widely used around the world. Developed in the Dojima rice market in Osaka Mr. Honma, allowed him to know in advance the value of the price of rice and to accumulate a fortune.
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Money management is one of the most important aspects of forex. Even the most brilliant traders are not able to open positions at a profit for 100% of the time. Whereas in the Forex, there are risks involved on a regular basis, no matter how good you are in the technical aspects or fundamentals of the currency market, the important thing is to understand in what way you can handle the losses.

Buy and sell money in the currency market, while remaining with the right amount of liquidity, is one of the most important aspects of money management. It ‘is by applying different tactics to help minimize risk and exposure to it that you can prepare the ground for consistently positive returns in the long run. One of the goals we set ourselves with this article is to explore the manner in which you can practice proper money management.
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We see other interesting and useful tips for beginners to make forex. The high liquidity of the forex market refers to the ability to quickly convert or liquidate through some interesting opportunities to buy or sell, without causing a significant movement of prices. The high liquidity of the forex market is mainly due to the large amount of currency traded around the world. The currencies are exchanged instantly, 24 hours a day, from Sunday evening until Friday evening. In the forex market, there are always plenty of willing buyers and sellers.
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The Forex offers great earning opportunities for those who wish to diversify their portfolio. The currency market offers many benefits and huge edges. Here are some of the main reasons that investors, both corporate and individual, choose to trade the currency market.

The first is that surely there is the possibility of having direct access to market prices. This is probably one of the most interesting advantages of the currency market. In fact, when you are trading currencies, there is direct access to interbank spreads more competitive market. Practically the different brokers offer attractive spreads, which vary depending on the time of volatility and the currency pair traded. The convenience in choosing a broker is of course also in the choice of a broker that can offer competitive spreads.
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Some brokers now allow you to perform transactions Straight Through Processing, in order to eliminate the slow and improve efficiency, even for the customer. What is Straight Through Processing? This way of trading, also known as STP, is practically in the to the execution of orders electronically, without paper documents. In practice, this means that the broker will automatically send the orders to the supplier of liquidity traders, without going through a dealing desk. The result is a more efficient trading system for traders and brokers.

Another advantage of trading through STP is a lower risk linked to regulation of the position. This is due to a shortening of the time of transaction, which increases the probability that a contract or agreement is set in time.
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There are several ways to operate in the currency market. Surely one of the choices you can make in this regard is to opt for a short-term trading or trading for a long period. What are the differences between these two trading styles and what is right for you?

If you are trading short-term charts of the following, for example 5 or 15 minutes, then you must necessarily have the time to stand in front of the computer to look at the charts steadily trying to find the right time to enter. The opportunities come and go, do not last long and have a low income single entity, so you have to open the majority of positions to make a good monthly income.
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How many lots you can trade? It ‘an important question to which we must be able to respond at any time. The amount you decide to risk any trading is an important decision that should be made carefully. However, deciding the level of risk is only the first half of the choice, translate that level of risk in a number of lots is the other half of the same choice.

With MetaTrader4 there are several tools that allow you to calculate how many lots you can “trade”, considering the amount of risk you want to run. How to calculate the number of lots and what values ​​should be considered?

Certainly the size of the positions is important, since the number of lots that can be “betraying” from time to time will be different between different currency pairs, since the spread of a currency pair varies from time to time.
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A fundamental analyst is not limited to those movements that relate to a particular investment from him, but would so a general overview to say about the events, past, present, and future, get to make the area the most profitable investment opportunity identified to. Within the fundamental analysis, the analyst employs so with all the information available to him, but focuses within this wealth of information on key factors, which may attract a development within the financial movements after themselves.
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My Trade said that if 1000 traders are on the shortlist, and 100 in Long, the market is growing. First, the facts are not enough, traders may be a different size of the position, I think, with me will not argue if I say that the position size is important? But let’s assume that the size of the position of all the same. Anyway this is madness, the price depends solely on supply and demand at the moment. That is, no matter how many people are sitting in shorts, but how much holding long positions, when they made their deal, only if they were working on the market. Price increases or decreases in time only due to the fact that the market is dominated more willing to buy or sell.
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