London – Trading POC

Forex Trading Times

Posted on October 30, 2019 by blogger

Knowing what the best times to trade Forex are is a crucial component to effective and efficient Forex trading. During the trading week the Forex market is open 24 hours a day, but just because it is open around the clock does not mean prices are always moving in a way that makes a particular market worth trading. Money is made in the Forex market when the market is volatile and moving, not when the market is calm and relatively quiet.

So, as a Forex trader you need to know when the most active Forex trading times are, as this will aid you greatly in the timing of both your entries and your exits as you trade the markets. The two most active Forex trading sessions are the London session and the New York session, during these sessions price action provides the best trading environment. The Asian trading session is often less volatile and thus less likely to result in major moves within the various Forex pairs.

The Forex market contains three distinct trading sessions; trading starts in Australia and Asia, and moves around the globe into Europe and finally ending the day in North America as trading closes each day in New York. The various Forex trading hours are as follows:

Asian trading session (including Australia and New Zealand): the Asian trading session opens at 6:00pm EST and closes at 4:00am EST

London trading session: the London trading session opens at 3:00am EST and closes at 12:00pm EST.

New York trading session: the New York trading session opens at 8:00am EST and closes at 5:00pm EST.

As you can see from the above list of times to trade Forex, there are periods each day where the sessions over-lap each other. It is within these periods when volume and volatility typically rise to peak levels. The London and New York trading sessions over-lap between 8am and 12pm EST, this is typically considered the best time to trade Forex. The reason it is considered the best time to trade is because this is when the worlds two most active trading centers cross; as London trading comes to an end, New York trading is opening, and they are both open at the same time for 4 hours each trading day. As a result, many traders strictly trade within this 4 hour window because it generally brings the best liquidity and volatility.

Beyond knowing the best Forex trading times, it also helps to know which currency pairs to trade. Generally speaking, the major Forex currency pairs are the best to trade, the reason they are widely considered to be the best Forex pairs to trade is mainly because they offer the smallest spreads and highest liquidity. This means you pay smaller fees to trade the majors and they move in a safer manner than the exotic currency pairs, which can tend to jump around and move a relatively illogical way. In the end, make sure you know the best times to trade Forex and the best Forex pairs to trade; these are some of the basics of learning to trade Forex.

Forex Trading Secret !

Posted on August 3, 2019 by blogger

Automated Forex Trading: Clever yet Effective Technology

Why Forex trading?

This is probably one of the questions that you need a reasonable answer. There are hundreds of investments out there that you can prefer, but why go trading foreign currencies instead?

Forex investment is unique in various aspects.

Its trading volume is relatively huge compared to other market.
It has extreme liquidity or the capability of either buying or selling the currency without causing significant movement in the market price.
It has the largest number and variety of traders.
It is one of the markets that have long trading hours (24 hours each day, except during weekends.
Trading locations are almost everywhere, not just in the United States or major cities of Europe.
There are different factors that affect foreign exchange rate.

Another whooping fact that will make you excited to go on Forex trading: it has an average turnover in traditional foreign exchange market of around $1.88 trillion daily, according to the Triennial Central Bank Survey of the BIS (Bank for International Settlements). Here are the daily averages of turnover on the Forex market for the last 17 years:

$500 billion (April 1989)
$750 billion (April 1992)
$1.18 trillion (April 1995)
$1.48 trillion (April 1998)
$1.16 trillion (April 2001)
$1.88 trillion (April 2004)

From the figures alone, you will notice that the average trend of Forex turnover is increasing. It is estimated to reach as high as 2 to 3 trillion dollars within the next 8 to 10 years, if the number of traders around the world will continue to increase. As a matter of fact, everyone have the chance of getting a substantial slice of the Forex market wealth pie, especially that the Forex trading marketing is now on its automation process.

The concept of automation becomes the new trend to the foreign exchange trading market. The Interbank spot Forex market has also considered switching to the automated method as well.

There are several benefits that a Forex trader can derive from automated Forex trading. Here are some of such benefits and figure out why Forex trading as well as other investments (futures and commodities) prefer the automated process.

Through automated process, transactions can now be done in real time. Although manual systems have existed for quite some time now, it is difficult to achieve such benefit that the automated Forex system can offer to its traders. All of the trades can happen within a few milliseconds and can be a big plus for automated transactions against the manual system. In fact, there are problems that are addressed using automated Forex trading especially if the trader is losing a few times in a row that prevents him from making new trades. Such problem could be addressed using the automatic trading system.

With automated Forex trading, you will have a greater diversification. It means that you can trade in various markets in different time zones at a time. You can execute trades with traders from Singapore or London even it is already 12 midnight in the United States. This benefit allows you a multiple exchange model option. You can use varying trading models to evaluate short-term data. This means that you will be able to predict the trend for a shorter period of time, let us say from fifteen minutes to half an hour.

As previously mentioned, the Forex market is unique because of its extreme liquidity. This liquidity is increased when the market goes automated.

Risk management problems are solved through automated Forex trading. International checks, which are commonly used in making purchases on Forex market, are synchronized through automated technology. Since the transaction in an automated process is now on real time, there is a slim chance that the payments will be delayed, reducing the risk of non-payment by either parties. Although there are problems noted with the use of the automated system, it can be fixed through consistently-updated technologies.

With automated Forex trading market, the prediction of $2-3 trillion average daily turnover within the nest 8 to 10 years can be changed within the next 4 to 5 years. Given the quick yet efficient trades on varying time zones, automated Forex trading will now be among the existing lucrative business around the world.

Is Online Forex Trading A Viable Way To Make A Living

Posted on December 5, 2018 by blogger

With the global recession now in full swing, many people are looking to forex trading as a possible way to earn an income, now that they have been down-sized from their previous jobs. But can trading currency markets online really take the place of a regular job?

Currencies around the world are traded by brokers in a 24-hour cash market and the largest in the world known as the Forex Market. The buying and selling of foreign currencies simultaneously from local to global cash market is called the Foreign Exchange or Forex trading. All investments of the traders are based on a real-time movement of the foreign currency exchange in the market. Forex trading is now becoming one of the most favorite investment methods for individuals and some businesses today.

Forex trading is a very popular money making business. The benefits of this are the 24 hours markets, and their high liquidity; which means that it is possible to move a large sum of money in and out of a given currency without moving the price much, if at all. Also, most currencies are easy to trade. The opportunity to profit basically comes from the unpredictability of the rising and falling nature of prices in the Forex markets.

The goal of investors in Forex trading is to be able to profit from the price movements, either for the long or short-term, of the foreign currency markets. Traders and investors either buy low in order to sell out at higher prices for a profit, or else they sell high in order to buy back at a lower price, again for a profit.

Trading can be done over the telephone or on electronic networks. This is called Forex online or online currency trading. New York, Tokyo, Frankfurt, Sydney, and London are the main centers for trading. Each country has a different time zone, which means that there exists a 24-hour Forex market around the world for as long as there is an open market (i.e. it is closed on weekends).

Banks, brokers, and financial firms were generally the big professional players in foreign exchange. In the past, Forex was completely monopolized by them but now even individual investors, provided that they have a thorough knowledge of trading currency markets, can also profit. Truly, today almost anyone can engage in these potentially high-profit investments.

Online trading is itself a huge breakthrough for foreign currency trading. The technological advancement now gives the small and medium investors the chance to profit and compete with those big investors. Everyone has essentially the same opportunity to participate in trading the currency markets. Anyone who wishes to trade simply has to set up a trading account with a reliable online broker, and once they are approved for trading, they can start immediately. Indeed, you are not limited to where you can do it; you can trade from a laptop while on vacation. Nor do you even need a large sum of money for starting capital; you can start with just the minimum specified by the broker needed for opening an account.

In summary, Forex trading is now easy to access and take part in and provides a viable way for individuals to run a profitable business from home. However, as always, extremely thorough preparation, planning, research, mental discipline and self-control, combined with a proven profitable trading plan, are absolutely essential if you ever hope to make a success of online forex trading.

Is Automated Trading Realistic for the Individual Trader

Posted on October 13, 2018 by blogger

As an individual professional trader you have some fantastic advantages in the markets over institutional traders and long term investors; however you also have a number of areas where the odds are stacked against you. Two of the major stumbling blocks have been budget restrictions and limited resources.

The large institutional traders have huge budgets for research and development as well as programming and technology. Retail traders are subject to the limitations of their own time and ability. As a retail trader you rely on your own ability to trade error free and are hindered by your time restraints. You don’t have the luxury of handing over your positions to your Hong Kong or London trading desks when you head off to bed. In order to succeed at trading you need to focus on your advantages and minimise the weak areas. One of the best ways of minimising the weaknesses faced by an individual trader is to incorporate automated trading into your strategy to eliminate most of the problem areas faced by independent traders.

Automated trading systems were first developed and used by large institutional market participants but with the development of advanced trading platforms available to individual traders, the world of automated trading strategies is now open to the retail trader allowing him or her to compete on an equal footing with the large banks and institutions.

Electronic trading platforms such as Ninjatrader and Metatrader, available to the retail trader to trade foreign exchange via their broker of choice, has revolutionised trading for individuals. These programs allow end users to write their own automated trading plans and Forex trading systems. You can automate trading in very much the same way as the institutional traders have been doing for some time to gain an edge over the market.

These platforms have proprietary scripting languages, which enable individual traders to develop their own scripts, indicators, money management systems and ultimately automated trading systems. Due to the fact that these languages are open source there is a large community of developers sharing systems, ideas and expert advisors with other individual traders. This sharing of ideas, research, knowledge and coding allows traders to learn and improve their trading results.

However, this still left the retail trader with the need to learn a programming language and development skills which takes many hours of learning as well as a process of trial and error. Costly errors could be made in the process especially if you are not an experienced programmer to start with. With the advances in trading software the process of developing an automated trading plan for those not experienced in programming has become significantly more user friendly. The building of your own system is also well support through modern software trading programs by allowing us to fully adjust and backtest our system before running it in a live account.

Automated trading on the Futures or Forex market is the process of running a computer derived program through your preferred trading software platform. You as the individual trader use the in-built wizards to set your trading system rules and the software will automatically execute your plan day and night as if you were sitting in front of your screens constantly. The key advantages of this are numerous.

Your trading plan running automatically through your trading software does not need to sleep and does not make mistakes. So you have 24 hours of error free, stress free trading. Its a dream come true for retail traders who can now compete on a level playing field.

Zero Loss Strategy In Forex Trading

Posted on December 12, 2017 by blogger

This post will irritate many and possibly most forex traders and I say good. Actually I do not give a damn if any of you learn this article.And it is secondary to me that most forex merchants are silly or at best, sick-informed. It is secondary to me that I profiteer drastically every single day and without fail and most idiot merchants lose it all.

The reality is that the majority FX merchants are sheep who blindly drift alongside a confused path of marketing hype and most foreign exchange trainers are only huge-noting “expert status” all the time utilizing greed only pursuading the plenty one thing under masks of “guru”.I’m simply totally different as a result of I reliably and predictably make a not special $30,000 clear free cash flow profit most trading days and I have never any interest in selling you anything. There’s not a factor you should buy from my website.With the appearance of computer-primarily based Platforms Buying and selling, the palms-on however felony 4x dealer out of the middle-man market manipulations that dealing-desk trading was previously corrupted with – us retail traders have extra of an trustworthy capability to revenue from the markets. The Platforms Buying and selling mechanism is extra fair.

Although there’s nonetheless brokerage homes that scam trades through platforms trading – mostly it is just stupid buying and selling that generates losses.Anyway, with all that mentioned, let’s now get my most annoying reality on the market to be considered so you’ll be able to all vomit, and rant and rave that I in fact am a complete lunatic. Right here it is now said;”Stop Loss concepts do NOT Stop Losses – they CONFIRM LOSSES”.I state it is totally unsuitable to shut foreign exchange trades that are exhibiting a loss when with ninety five percent that commerce might be exited from with profits at some later time.Getting in your face about this – any 4x buying and selling place that dropping floor now will invariably be in or worst case break even at some future time because of modifications in market herd mentality, information occasion, Fibo retracement or whatever – almost at all times a damaging worth action immediately is unbelievable tomorrow.And due to what I am arguing here about worth motion is very true, exiting a bad 4x commerce ever is nonsense!One of the best action to take with respect to shedding forex trade is to hedge that commerce by the use of an opposite. That hedged commerce instantly neutralises any and all additional injury to your bottomline and it offers you time to replicate on what you motion next.

Frequently when and if costs continue to go against the primary order – I then hedge again and it’s common that I will multiple-hedge a nasty trade five or ten occasions!Eg, assume I open a lot and it goes dangerous which I immediately hedge – and I normally hedge it on the price most fool merchants would have exited it with a cease loss concept. As the worth motion is now going loopy in favor of my hedge, every strong probability I get I’ll open additional hedges. Before I know it my bottomline equity is effectively in front of where I was with only the one trade, and certainly I am manner into income ahead of the sheep who would have used a Stop Loss setting.It was humorous watching the NFA as it tried to inflict its willpower on the retail forex dealer banning its member brokers from facilitating hedge trading. And what a fool the NFA made itself out to be – given that all professional and smart money simply took their business exterior of the USA. The effect the NFA had significantly broken the United States as a monetary heart; further confirming London as the house of most currency action.

Even those fx brokers with United States operations shortly migrated these client accounts who demanded hedge capabilities off-shore – end of story. Smart money demands hedge capacity. Idiots with stupid cash don’t hedge uses Stop Loss concept.This article is directed on the heart of one of the idiotic issues ever about trading. It is probably not rocket science individuals – nevertheless it seems sense just isn’t so common.