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Forex

FOREX platforms

Apart from choosing the broker and broker’s reliability, there is transaction platform, made available by a given company. Forex gives really easy access through brokers and broker’s platforms. Due to this fact currency market is available for private investors, large institutions, investment funds and banks on equal conditions.
Forex is a virtual market, decentralized with no headquarters and no control unit. All the transactions happen independently in different parts of the world round the clock.

FOREX market brokers

There are plenty of Forex market brokers. Consequently, they need to be supervised, therefore you will need to check whether a particular company is registered in CFTC KNF, FSA, CySEC, SEC, or is a member of NFA.
The information is available on this website:
http://www.nfa.futures.org/basicnet/
Before you choose a broker, check:
-    what platforms he works on
-    what the entrance costs are
-    whether the spread is fixed or variable

Risk management

Starting this subject it is necessary to introduce the notions of investment size on the Forex market. The basic investment unit is 1 lot. It is fixed value of 100000 units of the base currency. There are also minilots, which equals to 0,1 lot =10000 units of base currency. Apart from it, we have microlots and they are equal to 0,01lot = 1000 units of base currency.
An example: let me count how much 1 lot is worth for my pair, which is GBP/JPY.

Work technique

All our blog live descriptions are generated through special algorithms which analyze hundreds of thousands of market factors. These factors are based on Forex market statistics.
On Day Trading algorithm I use periods of 10 minutes’ time which could be compared to 10 minutes’ charts.
All the analyses are created on the bases of two parts: Rothbard Turning Points and entrances on the market which are deflected from these levels.
All the transactions are live (Day Trading Online).

About Rothbard Turning Points

Time is a part of the measuring system used to sequence events, to compare the durations of events and the intervals between them, and to quantify rates of change such as the motions of objects. The temporal position of events with respect to the transitory present is continually changing; future events become present, then pass further and further into the past.

FOREX

The foreign exchange market (forex, FX, or currency market) is a global, worldwide decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.

Forex Signals

''Forex market gives profit only to those who are able to work consistently and according to the rules of risk taking ability, accumulating profit in a slow pace. It happens because money grow on a tree of patience. Picking up unripened fruit and consuming it, you may feel the bitter flavour of a failure''

Day Trading Online

One of the system’s components are Rothbard Turning Points worked out on the bases of mathematical and statistical datas.