Loading...

Tuesday, January 22, 2013

Once you have a forex trading account that is funded, you can prepare to start making forex trades. The first thing you'll need to decide is what you want to trade. After you decide what you want to do, it's time to make your trade. Some brokers allow you to right click right on the chart and make your trade, while others have buttons that say buy or sell. Make your appropriate choice and prepare for a new screen to come up. Different brokers have various screens, but they all say generally the same type of thing. There is a field showing you the current price of the currency pair, a field for lot size(trade amount), one for a limit(close on profit), and one for a stop loss(close on loss). Some brokers have other options, but for the purpose of this tutorial we will keep it simple.

Wednesday, January 16, 2013

EUR/USD: Bids 1.3240/60 (1.3249- 38.2% of 1.2998-1.3404) sell stops below ahead of bids 1.3200/10 (1.3200 Kijun line). Offers 1.3300/20 buy stops above through 1.3330 GBP/USD: Tech pivot zone 1.6065/72 (55/100 day MA’s). Bids 1.6020/40 (daily cloud base 1.6020) talk of sell stops just below ahead of further support 1.5995/10, sell stops below through 1.5990.Offers 1.6080/00 (tenkan line 1.6087) and tech res 1.6145/55 (Mon high 1.6155)

EUR/GBP: Bids 0.8260/75 (0.8263- 38.2% 0.9084/0.7756 fall) and tech supp/bids 0.8230/40. Offers 0.8320/30 and 0.8355/60 (0.8359 April 3 2012 high) USD/JPY: Bids 87.90/00 (importers, macro funds) sell stops through 87.85 ahead of bids 87.50/60, possible sell stops below. Offers 88.20/35 (tenkan line 88.25, 200 hr MA 88.35) and 88.80/00
EUR/JPY: Strong bids 116.85/00 (tenkan line 116.85) possible sell stops below ahead of supp 116.50/60. Offers 117.50/60, larger up at 118.00/20 AUD/JPY: Bids 92.85/00 (tenkan line 92.90). Possible sell stops down through 92.85 .Offers 93.25/35 and 93.80/00 AUD/USD: Offers 1.0570/80, larger up at 1.0590/00 (1.0600 barrier). Bids 1.0520/30 and 1.0495/10 (tenkan line 1.0497) sell stops below each ahead of tech support /bids 1.0445/65 (55 day MA 1.0451,) NZD/USD: offers 0.8450/60, some buy stops through 0.8475/80buy stops just above ahead of larger offers 0.8490/00 (0.8500 barrier) buy stops above. Bids from 0.8390 down to 0.8370 sell stops below through 0.8360.

Tuesday, January 15, 2013

OptionBit
OptionBit
OptionBit
  • OptionBit
  • OptionBit
  • OptionBit
OptionBit
Digital trading, traders can determine whether the price of an asset will move above or below a predetermined strike price by the time of expiration.
Learn more
Range trading, the traders predict if a price of a specific asset will expire in out of a predetermined range.
Learn more
Touch trading, the trader can predict if an asset will touch a set price any time before the time of expiration.
Learn more