Forex

The pair is oversold in my opinion, and may rebound on Friday. Today was a technical sales major currency pair, and the strength of the greenback on Friday I think is an effect on Friday. The coming days will speak for themselves. The USD may soon find its limits. It is expected to consolidate the American currency overnight. GBP / USD Daily Resistance 3:? Resistance 2:? Resistance 1: 1.6330 New York: 1.5679 Support 1: 1.5260 Support 2:? Support 3:? The increased volatility due to news of the G7. The pair stood at new levels of support.

Aggressive traders can buy now, but high volatility is expected. Click Prudential Financial Inc. for additional related pages. Several traders took profits and sovereign states were on the scene. Tuesday: All times EASTERN (-4 GMT) 7:00 am GBP CBI Realized Sales EURO / USD Daily Resistance 3: 1.3050 Resistance 2: 1.3000/10 Resistance 1: 1.2800 New York: 1.2565 Support 1: 1.2330 Support 2:? Support 3:? Comments The pair fell in the evening. Follow the spread of panic. Traders sold the pair. It is advisable to buy now. The pair is at a point of purchase.

You can pick the pair. The pair came under pressure and it is advisable to buy. It is expected more volatility. The oil also added pressure, but the pair remained firm. Double action is awaited. The pair continues to technical trades. Traders note official names overnight this time. Tuesday: All times EASTERN (-4 GMT) 3:00 a.m.

Forex Trading Strategy

In the past few years in Russia and CIS countries came to the Western trend of investing in financial markets around the world. If you have additional questions, you may want to visit Groupon. Investing in this area is conditioned by the availability and speed of making a profit. Each person can start a business by investing relatively little money (about $ 100 or more) when it is necessary to have only a computer and Internet access, while receiving from 5% to 20% monthly profits by using the correct strategy and allocation their risks. Strategies and ways to profit in financial markets as a great many people earn their living by investing its assets in stocks of companies buying foreign currency, trading metals, raw materials and even the weather. The basis of successful investments can be considered information that gives you ideas about where to move this or that market in the near future. To do this, you should read the bulletin news sources and control output statistics of macroeconomic indicators of the leading countries. As an example, you can begin with proven strategies to trade and in the process, you will get experience and you will find your own patterns behavior of markets and profit.

Trade news is a good strategy for all traders. The advantage you will feel from the first day of work because as a trader discipline – the key to success. Ie Your working day will be divided into the schedule when you're trading. Schedule Released macroeconomic statistics found on the internet is not difficult enough, but we recommend a calendar of economic news, he goes out every Friday after closure of markets for the next week and is updated each time after the data. Resource publishes financial news in real and it is possible to find trade news since 2003. Now that we have sources information we are ready to work. To get started you need to open a page with a calendar of events, while the news is published in the area of GTM +0 and you will need to translate the time specified in the calendar according to your time zone with respect to GTM.

Further, in a text document or paper you write the most interesting and important news that you would like to sell, and prescribe the time of the news. All now work plan for the day, ready now still await the time of the news and go along with the market, ie when the graph grows, we buy and vice versa. After a 2-3 weeks of this work, you will be able to predict price movement based on forecasts of expected indicators. Further, when you learn to feel the market you can use an indicator of economic news in order to facilitate a plan of trade and planning of the trading day. It allows you to display a working calendar directly on the price chart and set the filters the events by severity and region (U.S., Europe, Australia, etc.). Work on the financial risks associated with large risks. The article is for informational purposes, the author and the site can not be held accountable for actions of persons who read this story. This article is intended for the average trader familiar with the methods of trade, with experience in the financial markets and trading platform MT4. Traders do not born, but they are, remember this.

Trading Shares

The most common mistakes in trading on the stock market (Internet trading) Here they are: 1. Free trading system 2. Lack of protective orders 3. Reluctance to close loss-making position 4. Reluctance to close a profitable position 5. Lack of money management system 6. Trading without a running diary 7.

Attach too much importance to what others have to say 8. Reluctance to attend lectures, conferences 9. Trading in the difficult periods of life 10. Self-confidence and inadequate trade 11. Emotions during trading free trading system Typical error haphazard trade – is opening a position without a plan for its closure. Before opening the position you must clearly understand Under no circumstances, you close it. When haphazard trade a certain period of time, you can earn, but eventually can lose more than earn if left unchecked.

Good trading system should have good statistics, based on actual trading. Lack of protective orders opening position without a definition of "exit points" or foot – is nothing but a mockery of his account. Stop limit your losses while preserving your capital. During sudden market movements that are not so often, this is the most reliable means of protection is unlikely, what else more can be compared with him in such situations. Reluctance to close trading position is psychologically difficult to close loss-making position, especially if the loss is growing before your eyes. Such losses not only reduce the capital, but also reduce your chances in the future to earn more profits. Thus, closing the position on foot you will not only safeguard against further depreciation of the capital, but also get the opportunity to earn money in other deals.

Trading On The Forex

The rapid growth of your capital is directly proportional to the decision of what part of the account to trade Forex. For example, when the score was three and a half thousand dollars (at 1:100 leverage) the purchase of the lot may be too risky. Let's say you already have in their account of the order of a million dollars, it is clear that the purchase of a single lot does not affect the amount of this same account. Because the important relationship its size with the amount you have purchased lots. But their number depends not only on account balance.

Its value is influenced by such factors as the expected loss, history of previous transactions, etc. Alas, but still quite some traders are suitable to address this issue with due responsibility and seriousness. Rather rely on luck. What, in fact, there is a big mistake. Deciding on the number used to open capital position is as important as determining the direction and opening position. Treydet can not affect prices, as well as ensure a hundred percent will whether or not a transaction profit.

But he may indeed, as it is to control the number of lots. It will depend only on him. The result is evident – increased value for money (taking into account the true market analysis). Ability to manage risks worst-case ratio of losing to the level of balance in the account, in this case will help determine needed for trade, the volume of lots. Consequently, we can easily conclude that there is a number / divider (between 0 and 1) the highest expected loss, which gives the possibility to determine the number of lots. More details about the calculation, use and influence of this number by the amount of lots in the foreign exchange market, please read the Benefits for managing capital. The site proper trading strategy Scalping.

The Subconscious

Why? Since it is so frightening, you can not run into him and, instead, it is easier to deny than confront him. Unfortunately, he remains forever in that reject 'low', always subconscious. You become comfortable to live with this fear through your process of denial, but, somehow, you always feel that chtoto holding you back, or you can imagine that gets loose. This is a 'low-level' (But always present), the fear that you deny has the ability to become powerful only by the very act of denial. And, this type of fear remains in the subconscious and, therefore, will affect your beliefs and, in eventually manifest as your reality. If you are a trader, it will interfere with you until your worst fears are not realized in the failure.

Traders who are experiencing thoughts of failure, should not shy away from them. Instead, they have to figure out what causes these thoughts and take action to eradicate them. Traders who are afraid of failure, ultimately, will fail. Traders who are afraid of success, will not succeed. If you are having these thoughts, do not trade until you encounter with these thoughts openly, when they will be less powerful than if they were rejected.

You should confront them and remove their power, so they do not occupy your thoughts. You have to deal with the fear of failure or fear of success, and to remove these fears from your mind before you succeed in anything you do. Therefore, carefully choose their thoughts, and desperate to protect them! External factors may influence and really influence your thinking.

Forecasts Of The Fiancial Crisis

If we analyze the forecasts of economists on the development of the crisis for Russia, and to reject extreme views, most experts predict two scenarios of the crisis. The baseline scenario, the oil in our next year will cost $ 50 per barrel and the dollar will be given 32 rubles. According to pessimistic scenario, oil would cost $ 30 per barrel, while the dollar will be given 42 rubles. So now the population withdraws ruble deposits them into the face of uncertainty in the U.S.. Should I do it now? We must ask ourselves – and to what extent can reduce demand for our raw materials? In today's world oil consumption depends to a very heavily on the U.S. economy. We can expect that at best prices fall to a level where they were in the period being the U.S., but before the credit bubble (from 1986 to 2003), ie to $ 30-50 per barrel. In the worst case, fall below then for Russia pessimistic scenario is worse, but this option is unlikely, because world economic model has changed, a certain word in the world economy, China began to speak, its energy consumption is not will drop the price of oil below $ 30.

Likely to be sold moderately optimistic scenario. The level of oil will be around $ 40-50. This means that Russia will export goods and services worth approximately $ 200 billion, which was observed at a similar price of oil and metals in 2004. There are, however, one scenario by which the nominal price of oil can greatly increase. This scenario – depreciation of the dollar, but even here most likely a new Obama administration will not tolerate such a development.

There is another option. The global financial crisis, foreign portfolio investments will be focused on oil economies, and then Russia in 2009, expects a boom of investments by nonresidents. An example of such a change: Growth of the Russian market in 2000-2003. amid falling market capitalization of the entire group of industrialized countries. With the deteriorating situation on the developed markets, Russia may well become a 'safe haven'. But this option is only likely to dream, because deterioration has already occurred in 2008, but the boom did not happen, on the contrary, we observed outflows. In Russia, to talk about downs of the economy it is not necessary – this year to forecast GDP to grow by 6,8-7%, and next in 2009 – by 3-3,5%. Experts believe that countries that do not have a large external debt and recession (falling GDP), and eventually will major role in the task of overcoming the crisis. Russia under these criteria is perfect. Conclusions: The boom of the Russian economy in 2009 did not happen, but a serious further deterioration can not be expected, the crisis We will throw at the 2004 level and this level will slow development of the new Russian economy, I would be more interest in her innovative technologies. Overview of forecasts made by: Maxim Grekov (Director Keith Trust) Yevgeny Gavrilenkov (Chief Economist GK "Troika Dialog"), Vlad Borkusa (director of consulting and research firm Konnasi), Olivier Blanchard (American economist, PhD MIT Institute), Yuri Chashin

Directions Psychological Science

To become a first class trader, you need to clearly understand their own limitations. But most traders are newcomers do not know. For example, a behavioral economist Dr. Terrance Odean found that online investors tend to sell outside their expertise. They do not have an accurate picture of what they can and can not do. Such a distorted exaggeration of abilities is not characteristic only for the traders.

This is a widespread phenomenon. Study show that when you are trying to assess how well your activity trader beginner, your intuition is better not to trust. Dr. David Dunning (Dr. David Dunning) and colleagues (2003) in a recent article in "Current Directions Psychological Science '(Current Directions in Psychological Science) shows that most people are' blissfully unaware his incompetence.

" This aspiration is too high to assess their ability has been noted in several studies. When people offer to take the test on abilities such as logical reasoning or grammar mistakes, they tend to overvalue their work: they think that their result is well above average (60% and above), although in reality it does not exceed 25%. Such a revaluation is not limited to tests. People tend to overestimate their work in various fields. Hunters think they know more about firearms than is in fact a doctors think that they no longer know how to accurately diagnose patients than in reality. Tests have shown even that when people offer money for an accurate assessment of their work, they still can not do it. Dr. Dunning and his colleagues believe that poor performers are doubly punished. Not only did they perform poorly, but they still lack the psychological ability to feel what they are doing poorly. So what distinguishes them from the good performers? Poor workers begin with the belief that they – the 'good performers' and not in a hurry to develop a method of assessing their work. Good workers, by contrast, try to objectively measure accurately their work and avoid worrying about 'Good' or not. Indeed, studies show that they actually underestimate the work. When they see other people's results, they wonder how well they have coped in comparison with others. Fortunately, the bad workers are not doomed to remain at the bottom. In their experiments, Dr. Dunning has shown that when poor performers show how poorly they work, and give instructions on how to improve their skills, their results are improving and they are more accurately assess their work. These studies offer a way in which the trader is a novice can improve their achievements. First of all, you need to know that an intuitive assessment will be extremely overpriced, and take active steps to overcome this. Secondly, it is necessary to provide an objective measure of your trading results, such as diary trader, so that you know exactly how well you trade. Third, increase your level of knowledge. As how to grow the experience, the evaluation of their work will become more accurate. Remember that. Objective and accurate assessment of your abilities is vital to successful trading