Trading Forex online

In summary that the purpose of forex trading is to acquire profit or profit of possible.

Trading Forex online for Pray

In summary that the purpose of forex trading is to acquire profit or profit of possible.

Trading Forex Online for Education

In summary that the purpose of forex trading is to acquire profit or profit of possible.

Trading Forex Online for Traveling

In summary that the purpose of forex trading is to acquire profit or profit of possible.

Trading Forex Online for living

In summary that the purpose of forex trading is to acquire profit or profit of possible.

November 14, 2017

How to read a Chart (graph) in Forex Trading

In the world of forex trading, generally when people talk about technical analysis then that first comes to mind is a graph (chart). The technician typically use graphs because it is the easiest way to visualize the data on price movements from time to time. You can take the help of a graph to determine trends and find patterns that could potentially drive you grabbed an incredible opportunity.

There are three types of chart technical analysis in forex trading, we will take apart one by one.

1. Line chart
Line chart is a graph of the simplest of which is described as a line connecting the closing prices. For example: in a few consecutive days trading closed at a price of 100, 150, 200, 250 ... then the price level is connected with a straight line. With this graph we can see the price movement in General in a given time period.
An example is like this:
Read Chart (graph) Forex Trading


2. Bar chart
Bar chart is a little more complicated than the line chart. This type of chart gives information about the opening price, closing price, highest and lowest within a certain time period. Because it has such information, this chart also called OHLC chart (Open-High-Low-Close). Here is the basic form of a bar chart:
Read Chart (graph) forex trading


The lower end of the chart it is lowest price ever traded in a period of time, while the other end of it is the highest price. Its vertical bar line represents the range (span)rates in the period. Small horizontal line on the left is the opening price while residing on the right is the price of its closure. In the example above, the opening price is lower than closing price. But the opening price may be higher than the closing price.
Example of a bar chart in the chart are as follows:
Read Chart (graph) forex trading


In simple terms we can say that one bar was a period of time, whether it's one month, one week, one day, an hour, or even a minute. Depending on the time frame of how long we plot the chart.

3. Candlestick chart
Named "candlestick" because its shape is similar to a candle. His full name is "Japanese candlestick chart", because it is said that he comes from the land of the cherry blossom. This type of chart provides exactly the same information with a bar chart, it's just "posture" of his body more "sexy".
Read Chart (graph) forex trading

Typically, the body of the candlestick chart is white and black. If his body is white then its open price is below, otherwise if the body is black then the open price is above. So, the body itself describes the distance between the price of opening with the closure in a certain time period.

If the open price below the price close, then called with a bull candle. In technical analysis, the term "bull" or "bullish" is used to describe the movement of the price rises. To describe price movements that fall, used the term "bear" or "bearish", so the candlestick that has open price above prices close called bear candle. Just use the "mnemonic" is to make it more easy to remember it: BULL, BEAR = up = down.

But if you think black and white is less "stylish", or lack of interest to you, then you can replace it with a color that you like. Other color combinations are often used for example is red for bear candle and blue for bull candle. Remember, you will spend time observing the chart, so the colors that appeal to you will help remove the saturation. That's important, you know how to distinguish between a bull candle with bear candle.
See examples of candlestick:
Read Chart (graph) forex trading

How much more interesting, isn't it? Or do you have other colors? Please Express Your "colors". Many traders prefer using a chart of this type because it is more helpful to visually recognize the price of open, close, high and low than the bar chart.
Below is an example of the display of the graph of the price movement using a candlestick chart:
Read Chart (graph) forex trading

So a discussion of how to read Chart (chart) in Forex trading. Hopefully Helpful

November 09, 2017

Recognize the Signals of Price Action Forex Trading (1)

General sense signals in forex trading online is the cue for the opening position "buy or sell" complete with setting the level of stop loss and profit target levels. Forex trading signals can be directly retrieved from trading software or robots, or in the form of a notification via sms, email or other communication media from a specific company or a broker sell trading signals. The signal can be made by an analyst manually or transmitted automatically via trading software, even if you're trading with your robot does not need to know the forex trading signals, your robot do forex trading.

However way you acquire signals, forex trading signals or with clear signals will reduce the influence of emotions and increased confidence when making trading decisions.
In this article exemplified how can you obtain a trading signal manually by recognising the formation setup price action trading on the chart. Forex trading signals in general there is a quite valid and less valid. Trading signals are considered to be valid is that have high probability. For that we must be able to distinguish the two and only entry when the trading signal is quite valid. In the following examples used chart the daily and 4-hour, 2 time frame frequently used by forex swing trader.

Some tips to recognize the forex trading signals from the formation setup price action:
1. Locate the pin bar with its ' tail ' protruding out and shows the condition false break.
If we find a pin bar reversal (reversal bar) that is coupled with a refusal (rejection) on the level of support or resistance either static (horizontal line) or dynamic (moving average line) to the ' tail ' pin the bar seemed to stand out get out of line, then usually this formation is with high probability trading signals, or signals are quite valid. The ' Tail ' protruding out pin bar shows the level of denial has more weight than the signal from the price action of the other.

The refusal on the level of support or resistance shows that the price movement of the market is not able to penetrate the level so that the possibilities for turning direction (reverse) is very large. The following example reversal bar with rejection on the support level that indicates the condition false break. This is the forex trading signals are quite valid.
forex trading signal