Sunday, October 2, 2011

How the Seven Strategies Helped Kishore M Instant FX Profits

Kishore M is the founder and Chief Executive officer of Power Up capital located in Singapore. He has helped thousands of people to achieve their goals in currency trading business. When you make millions of dollars doing this, trading becomes your full time business. He is an expert in this area, and we will see what his seven primary trading strategies are. Furthermore, you can see how the power of compounded income works. He is conducting many seminars on currency marketing and follows weekly trading for his old students. He has chat rooms, online forum where his students, clear their doubts and share ideas about trading.

His seven primary strategies are FX Basic, Pip Divergence, Trading Non Farm Payroll, Pip Maximizer, Instant Pip Profit, Pip Breakout Explosive Profit and PIP Retrace. These strategies can be followed while trading. He is giving training to his student to stick with these policies because he will be able to identify the setup. Also, using his chat room, forum and live trading offered on a weekly basis, you can collect more information talking to the experienced full time traders. There are lots of forums that give you information about the currency market. This will help you to go on the right track and will also motivate you.

Fx Trading

His qualifications are inspiring and he has trained more than 100,000 people all over the world, including Singapore, London, Kuwait, Hong Kong, India, etc. He has been featured in the Bloom-berg TV, Channel News Asia and BBC. The weekly trading alerts that he sends has help traders to earn a lot. His students include Robert Kiyosaki Ambassador in Singapore, Mr. Tan, who has gone to accomplish a profit of ,000 with his guidance. They got profit using only a 00 capital. Kishore M Instant FX Profits course is authorized by the Metropolitan Business School and caters to the total beginner all the way to the advanced trader. It has strategies such as Instant PIP Technique and the PIP Maximizer Technique. These are the seven strategies that he used to trade with and earn good profits. His speeches were based on them.

How the Seven Strategies Helped Kishore M Instant FX Profits

Saturday, October 1, 2011

Forex Trading - Why Buying Low Selling High Doesn't Work in FX Trading

It's an old investment wisdom and you have probably heard it many times before but it doesn't work in Forex trading; if you want to win and make money, you need to understand why its doomed to failure and a better way to trade.

Buy low sell high to most traders means predicting where a market will bottom and where it will top but its really just hoping or guessing because Forex markets simply cannot be predicted - the price is made by humans and their creatures of emotion not of logic - so what's a better way philosophy of trading then?

Fx Trading

The way to catch every big trend in Forex is simple - Just look at any chart and you will see EXACTLY how every big trend starts and continues and if you look closely, you will see that all big bullish Forex trends, start by breaking to new chart highs and they continue breaking them, as the trend evolves.

You are predicting NOTHING when you buy a breakout, you are simply acting on the reality of the price and trend change as it occurs and if the breakout is a valid one, you will have the odds on your side which is the only way to make money in currency markets.

While breakout trading is simple, logical and anyone can see it works, most traders still don't try this method and the reason is the believe the myth of prediction or want to wait for prices to come back to a lower level to get in and this simply doesn't happen. The losing trader, can see the trend start on the chart but doesn't get in and misses an excellent opportunity for profits.

Many of the top traders in the world use breakout trading methods and if you do too, you will have an easy to understand and timeless way to make money. So - don't think "buy low sell high" think "buy high sell higher" and trade breakouts for bigger Forex profits!

Forex Trading - Why Buying Low Selling High Doesn't Work in FX Trading

Friday, September 30, 2011

FOREX Trading Tip - Use Leading indicators For Greater Profits Here's How

Many traders like to buy dips to support or sell into resistance but this simply ensures they lose.

This FOREX trading tips is all about using leading indicators to confirm a move, rather than simply assuming support and resistance will hold.

Fx Trading

Let's look at it in more detail.

Buying Into Support and Sell Into Resistance.

You hear this tip all the time, but it doesn't make money.

It is based on the old saying "buy low sell high" which is another phrase that won't make you money.

If you buy into support or sell into resistance then the logic is that you will have low risk and high reward if the levels hold.

The important word here is "if"

If you trade FOREX then you don't want to rely on "if" and hope - you want indicators that will increase the odds of these levels holding and your chances of making a profit.

If a price is speeding toward support or resistance then it will break as often as it holds, you therefore need to watch for changes in price momentum and that's where leading indicators can help.

Getting the odds in your favor

If you want to buy support and sell resistance and get the odds in your favor do use the following FOREX tip.

You can use lagging indicators as well as trend lines in FX trading to denote areas of support and resistance and the ones we like are:

Bollinger bands and moving averages.

These indicaotrs like trend lines should NOT be used to enter trades.

When buying dips to support or into selling resistance, you want confirmation that the levels are going to hold - before prices reach these levels you want confirmation of the turn in advance.

When price momentum turns above support or below resistance you can enter with increased odds of success.

The best timing indicator by far is the stochastic.

Look it up and learn all about it as it's a great under used tool.

Another great indicator is the Relative strength Index RSI.

Combine the two and watch for confirmation on both and you have a powerful combination you can use to increase your odds of success.

They will give advance warning of a change in price momentum at support and resistance and when they turn in your favor you can enter the trade.

You don't predict with the above.

You act on confirmation and this will increase the odds dramatically in your favor and increase your overall profitability.

This FOREX tip is obvious, but it's surprising how many traders simply hope a level holds rather than looking for confirmation

Don't make the same mistake always act on confirmation when trading FOREX.

FOREX Trading Tip - Use Leading indicators For Greater Profits Here's How

Thursday, September 29, 2011

Benefits of an FX Trading Wiki

One of the most comprehensive ways of creating an information source on the Internet is through the use of wiki software. One of the most popular websites in the world paved the way for the acceptance of this type of technology. The benefits of the software allow multiple users to share in crediting the knowledge about the subject. As information is clarified or becomes updated, edits can be made to existing information. The software keeps track of who and how often these updates occur. These are major reasons why this software would be an excellent choice for creating a FX Trading Wiki.

The practice of FX or foreign exchange trading has grown thanks to the widespread use of the Internet. As such, more and more people are seeking information regarding how this process works. A FX Trading Wiki would prove to be a valuable resource for those people seeking this method of investment. It would require some initial setup but once the beginning settings are established, the wiki would quickly become full of relevant forex video information. As the popularity of the site grows, it will create a community of users.

Fx Trading

Once the FX Trading Wiki is up and running, there will likely be some power users. Once trust has been established, these people can be assigned higher security and more responsibilities in managing the wiki. The users will be grateful for the recognition of their involvement. It will also help make the overall administration of the wiki easier. By allowing a few people to have greater rights, it will prevent an overall feeling of bias on the site.

An important aspect of the job of administrator of the FX Trading Wiki will be to establish proper security settings. For the wiki to be useful to the audience, the information must be relevant to their needs. The validity of the content on the page as well as the expertise of the people that create the information needs to be reviewed. Protecting the information and ensuring that users do not misuse the technology will become the major tasks associated with the maintenance of the wiki.

Benefits of an FX Trading Wiki

Wednesday, September 28, 2011

Forex Trading on Margin - How This Works

Trading on margin in forex trading is not a down payment on a future purchase of equity, as it is in a stock market trade, but a deposit to the trader's account which will cover it against any future trading losses. Typically, foreign currency trading allows for a high degree of leverage in its margin requirements, which can sometimes be as much as 200:1 times the value of an account.

The amount of leverage available in forex trading is one of the main attractions of this market for many traders. Leveraged trading, or trading on margin, simply means that the account is not required to maintain the full value of the position.

Fx Trading

One of the reasons for the higher leverage offered is based on the daily volatility of the major currencies, which is often one percent or less. This is lower than an active stock, which can easily have a five to ten percent move in a single day.

With leverage, an account can capture higher returns on a smaller market movement. Just as important, this leverage allows traders to increase their buying power and to utilize less capital in trading. The downside to this is that increased leverage increases risk. Depending on the broker, in some cases there may be no margin call in trading a position, and an account will automatically be closed out of all open positions if the account equity falls below the required margin level. This can be thought of as a final, automatic stop.

In trading with stocks, trading on margin means that a trader can borrow up to fifty percent of a stock's value in order to buy that stock. This means that the investor must pay interest to the broker on the amount borrowed. But this is not the case in forex trading.

The margin is the minimum required balance needed to place a trade. When a trading account is opened, the money deposited acts as collateral for the trade made. This deposit, called the margin, is typically one percent of the value of the position.

As an example: if a purchase of 0,000 of USD/CHF is leveraged at 100:1, the money required on deposit for the trade is one percent, or 00. The other ,000 is collateralized with the remaining account balance. Unless a margin call is made, no interest is charged in trading the foreign exchange.

When trading the forex market, it is very important to keep in mind that increasing leverage increases the risk. An account balance should be monitored regularly and stop-loss orders should be utilized on every open position in order to limit the downside risk involved.

Forex Trading on Margin - How This Works

Tuesday, September 27, 2011

Forex Future Trading

The profits of forex over currency futures trading are significant. The difference between the two instruments range from truth-seeking realities such as the history of each, their objective viewers, and their importance in the modern forex markets, to more concrete issues such as transactions fees, margin necessities, access to liquidity, easiness of use and the technical and educational support obtainable by sources of each service. These dissimilarities sketched below:

More Volume = Improved Liquidity. Daily money futures volume on the CME is now above 2% of the volume seen each day in the forex markets. Incomparable liquidity is one of many advantages that forex markets clutch more currency futures. The truth told this is old news. Any currency professional can tell you that cash has been king since daybreak of the modern currency markets in the early 1970's. The actual news is that individual dealers from every forex risk profile now have full right to use to the opportunities offered in the forex markets.

Fx Trading

Forex markets give tighter bid to offer increases than currency futures markets. By reversing the futures cost to evaluate it to cash, you can willingly see that in the USD/CHF example over, inverting the futures selling price of .5894 - .5897 results in a currency price of 1.6958 - 1.6966, 8 pips vs. the 5-pip increase available in the forex currency markets.

Forex markets offer higher advantage and lower margin charge than those found in currency futures trading. When trading currency futures, buyers have one margin charge for "day" buy and sells and another for "overnight" situations. These forex margin rates can differ depending on business size. When trading cash markets, you have admission to the same margin rates day and night. Certainly, trading on margin enlarges equally your fx profits AND your losses.

Forex markets make use of easily understood and across the world used terms and cost quotes. Currency futures quotes are inversions of the cash value. For instance, if the cash price for USD/CHF is 1.7100/1.7105, the future corresponding is .5894/ .5897; a method followed only in the limits of futures trading.

Currency futures charges have the added difficulty of with an advance forex part that takes into account a time factor, interest rates and the interest disparities flanked by different currencies. The forex markets need no such changes, mathematical manipulation or thought for the interest rate factor of futures agreements.

Forex trades performed through FOREX.com are charge free*. Currency futures have the extra baggage of trading commissions, trade fees and defrayal fees.

Forex Future Trading

Monday, September 26, 2011

FX Day Trading - Don't Do it Until You Read This Article

Are you considering FX day trading? Many people attempt to pull cash out of the FX market this way. But is it the best way to trade or are there better forms of trading the Foreign Exchange?

Day trading is rapid fire buying and selling. Because this market is open 24 hours day, day traders will select a time frame when one of larger markets opens and closes. This is an 8 hour period. The most common is the London market. It tends to trend very well and gives-up 75 to 150 Pips per day.

Fx Trading

By rapid fire trading I mean trades are opened and closed from 1 minute to 5 minutes. Traders will end their day with no open positions. The hope is their account is larger at the end of the day than at the beginning.

So why the FX market? Why not just use the stock market? Well, as mentioned, the Forex is open 24 hours day making it easier for the part time trader. You can start in your free time.

You can make a living trading just one of the top currency pairs. Focusing on one gives the trader a very strong feel for how price of that pair moves throughout the day.

Stocks can be manipulated by large buyers. This causes trading software and technical analysis to fail. With the Forex, this is impossible as the market is too massive to be manipulated in any way.

This market can be traded using automatic software. This has been tried with the stock market but has proven not to be reliable.

Using this type of software is great for new traders who can't monitor charts all day long or don't have time to learn how to trade. You just turn them on and the program trades for you.

Leverage is another big plus. You can open a trading account with a discount broker for 0. Because of leverage, you may be able to trade up to ,000 with this deposit.

You need to be very careful doing day trading using manual techniques. Understanding how to interpret charts and indicators takes months of practice. Many people try and fail. Actually, it's been shown that 90% of people fail at FX day trading using manual trading.

I do not do day trading. I found it too difficult to make consistent profits. Instead, I dropped all of my manual trade methods and focus all of my attention on using software that tells me what to do.

In conclusion, if you plan to do FX day trading, be prepared to spend months practicing and losing money. After spending months trying to master this form of trading, I know that it's not for most people.

FX Day Trading - Don't Do it Until You Read This Article