Forex Trading – The Role of Support and Resistance in Forex Trading

If you want to be a successful Forex trader, it’s important to understand all the concepts involved in Forex options trading, including support and resistance, two concepts that go hand in hand.

The Forex market is always on the move. It constantly moves up and then pulls back again. During this cycle, resistance is determined as the highest point reached before the market pulls back. Meanwhile, also during the cycle mentioned, support is determined as the lowest point reached before the market starts moving up again. With the help of your imagination, you could perhaps see that support and resistance are virtual waves that are continually created as Forex options trading bursts with activity and the market swings over time. These days, you can find many different expert opinions on how to plot support and resistance. One of the most popular and highly recommended means of doing so is the use of trend lines.

Most traders actually don’t know how to use trend lines properly, making this effective method one of the most underutilized forms of technical analysis in Forex options trading. If trend lines are drawn correctly, you can make the market match the lines, instead of the other way around (which is, in fact, a common mistake committed by many traders out there). It is important to plot support and resistance, whether through the use of trend lines or some other method, because it holds the key to spotting good and bad hits, allowing you to make profitable calls and avoid risks.

Timothy Stevens is a Forex Options Trader who owns – He has helped hundreds of people on Trading Forex with Options.

He has recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit

Day Trading – Is Forex Easier To Trade Than Stock Market Indices

There are many professional day traders out there who focus all their efforts on trading a particular instrument, whether it’s a currency pair or a stock market index. I personally have attempted to trade both in the past so I can speak from experience when I say that in general it is much easier to trade forex.

The main reason why is because when you trade one of the major currency pairs you can usually concentrate purely on technical analysis. In other words when you trade the intraday charts you can trade the forex pairs around pivot points and areas of support and resistance because the price movements can be quite predictable. However when you trade stock indices such as the FTSE 100 or the Dow Jones, for instance, the price movements are not always so predictable.

That’s obviously because these indices are made up of various different stocks and they don’t always rise and fall in tandem with each other. Yes you may get some days when all the constituents trade higher or lower, but most of the time certain sectors will be strong, whilst others may be flat or trading lower. Plus there are often occasions when individual stocks release some news concerning their company and as a result the share price moves independently of the wider market.

As a result of all this, you don’t always get as many predictable bounces off key support and resistance levels, for example, as you do when you trade the major forex pairs. Therefore they are much harder to trade with any confidence because you can never be sure of how the price will react around these key levels.

Another point worth making is that when you trade forex you can pretty much guarantee that you will have a large trading range for many of the most popular currency pairs, such as the GBP/USD, EUR/USD and GBP/JPY pairs, for any given trading day. The same cannot be said for the various stock market indices, however, because there are some days when the FTSE 100, and even the Dow Jones, will trade within a very narrow trading range.

So the point I want to get across is that on the whole it’s a lot easier to day trade the forex markets than the stock market indices. They respond very well to technical analysis, whether it’s fibonacci levels, pivot points, or simply trend lines and basic levels of support and resistance, whereas the same cannot always be said about the indices because of how they are derived.

Introduction To Online Trading In India

The Internet’s arrival and its subsequent popularity in India has made online trading in India, which is about the online purchase and sale of shares, one of the extremely popular means of trading. Both beginner and experienced traders and investors in India are milking this opportunity by trading online in futures & options, stocks and currencies worldwide. Such opportunities are in the form of reduced brokerage and commissions, better broking services, etc.

Thanks to the ever-rising number of people owning computers along with a readily available Internet access, online stock trading in India is simplified manifolds. This is because investements can now be easily controlled by traders themselves as a result of extensive availability of all types of information on the web.

There is also stock option trading in India. An option is a financial agreement, with a pre-determioned maturity period and price, for the purchase or sale of the underlying product. Stock options enable the protection of dealers and control of their stocks, in addition to generation of higher earnings.

Furthermore, Forex trading in India involves purchase and sale of foreign exchange that enables gains out of the difference in the rates of currency pairs. Other means for online trading in India include futures. Future option trading in India refers to the purchase and sale of financial instruments, such as labour, commodities and currencies, through futures contracts.

For carrying out online trading in India, you have to open an online demat & trading account, followed with an online trading software. For this purpose, you would require a Depository Participant (DP), selection of which should be preceded by extensive research on various determinants.

You would require one of more than one of the following documents for opening online trading & demat account:
PAN Card Proof of residence (Address proof) You can provide any one of the following for this:Driving license Voter’s ID Passport Photo credit card Photo ration card Utility Bill (Telephone, Electricity etc) Bank StatementProof of identity – You can provide any one of the following for this:Driving license Voter’s ID Passport Photo ration cardTwo photographs

What Not to Do in Forex Trading

One can say that forex traders are made, not born. Hence, even if you have completely no idea about the ins and outs of this industry, you still stand a fair game even with the experts just by knowing the right moves and avoiding the harmful attitude makes the prospect of gaining easier to achieve.

Beginners would naturally tend to feel emotional about their trade that either nervousness or overexcitement can affect their decision-making. This could potentially lead to loss of investment that would have an effect on future decisions as well. Taking it on a lighter note, an outcome of an error due to emotional factors can be treated as a lesson in forex trading. Some, even those who are already experts in the field, make the mistake of investing their emotions as well. It is never wrong to be happy when a move turns in money, but getting too emotionally attached can bring in more stress than you can afford to.

One of the mentalities that you would have to eliminate, when in excess, is thinking of forex trading as an instant success. Take time to be familiarized with the industry and know the market. Thinking positive is good, but when you become overconfident that sound decisions are easy to do, that is when you start to commit mistakes.

Lastly, a know-it-all attitude can get you submerged with losses. The dynamic characteristic of the foreign exchange market makes it necessary to keep some of the traditional exchange strategies, formulate new ones, or collaborate both. Assuming that you know its movement would signify that you do not understand fully its trends and flows.

Timothy Stevens is a Forex Options Trader who owns – He has helped hundreds of people on Trading Forex with Options.

He has recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit

How Internet Has Really Helped Trading

Is trading a solitary occupation? Some individuals have that opinion; the members in your trading organization are simply you and the charts in your computer. The day-to-day work is checking your charts finding a trading opportunity.

In the past traders didnt even had computers; they draw trend lines, fibs, support and resistance with a pencil and a ruler on paper charts. At that time it was very difficult to find other active traders you could exchange ideas if you didnt went to seminars which were quite pricy.
If they had trading buddies the only way to exchange views which increased the cost of trading if they were located at the other coast.

Now trading by yourself is a n option, with internet in our worlds trading has become far more social than ever, it is like a completely different job. Nowadays you have forums where individuals publish charts, exchange their thoughts and even teach other individuals, we even have social networks solely for traders were individuals share their real trading positions.

In the past you had to spend money to attend a seminar, now we have webinars which many of them are totally free and you dont even have to move from your residence, just log into an url and you see the event from the comfort and ease of your couch.

If you want to chat with a buddy, we have software where you can talk for free of charge, you can have video chats or even watch his computer screen live.

We have twitter where you simply type the market you are interested in and view what other individuals think without even knowing them.

Internet has improved trading in general, now you are capable to place a trade in a second rather than having to call to your broker, nowadays you have all types of options to make new friends or even improve your trading with the help of other people. Now you can to take advantage of all type of software to help you trading and it has introduced more brokers competition which ends up in much better spreads or commission for the traders.

Price Action Trading Using The Atlas Line

The answer has been staring you in the face but youve been so overwhelmed with the indicators around it that youve havent taken the effort to understand the heart of the matter. Traders have made their trading strategy so over-complex that they have lost sight of the simple core aspect for trading, that is the market price and its behavior. Price Action trading lies in the simplistic and clear understand of the market analysis.

DayTradeToWin has been a forefront for educating traders, specifically on how to improve your results by using price action trading. Price action trading has been the primary catalyst for successful traders using John Paul’s trading methods. With the popular At the Open course and Price Action Scalping course, it’s no wonder the Atlas Line indicator has outperformed traditional indicators that simply lag behind.

The Atlas Line method provides multiple automated signals that serve day traders as a consistent tool for precise market direction. Unlike other price action trading methods, the Atlas Line was created for institutional traders. A unique and significant quality of the Atlas Line is that it can be applied to all markets, including: the E-Mini S&P, Euro Currencies, British Pound, Canadian Dollar, Australian Dollar, Dow Jones, Russell, T-Notes, T-Bonds, Forex and much more. This robust filtering method can be used as standalone or used in conjunction with other trading methods for entry confirmation.

Essentially, the Atlas Line plots an angled line across your trading chart, and provides trading consistency in its use. Scalpers especially love this tool. Very few software-based trading methods have stood the test of time with the results to prove it.
The proprietary Atlas Line method is available for NinjaTrader versions 6.5 and 7, Tradestation and eSignal.

All purchases include an educational private webinar with John Paul for guidance on configuration and implementation of the Atlas Line. This training is a benefit to all purchasers of the Atlas Line because traders learn, understand, and interact with the softwares creator, John Paul.

Traders get an edge with the Atlas Line by indicating a markets trend early in the morning and making profitable trades based on this information.

For more information, contact DayTradeToWin by email at or by phone at 888-607-0008.

Forex Guide Book for All People

Every person just starting on the forex market would appreciate help and ideal way to seek for help would be through the internet as it is full of news on the forex market and its many nuances. To become a master in the very beginning might not be easy at all but with a forex guide book it can be accomplished in a very short time itself. The guide book will guide any person interested in making money through forex and it is guaranteed that you will also make a lot of it with the help of guide books. All beginners might make mistakes but the problem is that making mistakes means you lose money and that is something everyone wants to avoid. Getting help through the guide book will mean that you know a lot more than your adversaries and will be able to succeed easier than the rest of the crowd. An ideal guide book should have all kinds of that is necessary to set a platform for any beginner. Most forex guides simply tell what forex trading essentially is and nothing more. But a good and the right forex guide will actually guide you through the different steps of forex trading and teach you how to make the most of the forex market which is literally working around the clock. Being quite hassle free when compared to the stock market, the forex market can be considered to be the best market when it comes to all beginners. The guide gives you the experience of many experts who have tried many methods to succeed and you can take the fine points and learn from their mistakes and you can make all the right moves for you. They teach you how not to make mistakes and to make the right moves. The guide details all the different aspects of the forex market from the definition to all the different plans that can be executed. The best thing about the is that it gives you wonderful tips from all the experts which have already been tried and tested. You can learn about the may techniques that can be worked to your benefit and also about the different currency pairs and how to use the pairs be it major or minor. Ordering the forex guide book will easily give you an edge over all the other people because they might not have all the advice that you do and you can use that to your advantage.

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Once you have , you will learn everything you need to about: the benefits of trading in the Forex market The types of currency pairs used in Forex trading And, the Forex lingo which has been confusing you.

Forex Trading Robot or called Forex EA – fapturbo

Fap Turbo has quickly become some of the in style Foreign forex trading robots in the marketplace,” reviews Tiffany Hendricks of WealthSpringMarketing.com. “We wanted to do a Fap Turbo assessment to see if there was any validity to the stories which have been popping up about how a lot cash individuals are making using this software.”

The concept behind Fap Turbo was to create a reliable buying and selling robotic which would permit those considering buying and selling Forex to fully automate the buying and selling process. After downloading the software program, Fap Turbo runs in the background on a user pc allowing them to enjoy different activities.

Hendricks explains how prospects make essentially the most of the Fap Turbo software:

“Fap Turbo comes with a collection of video tutorials explaining the complete arrange process,” says Hendricks. “This system was created to be ‘newbie pleasant’ so even those with no prior experience with Foreign foreign money trading can use it. As soon as installed, the robotic buying and selling system kicks into gear and begins perform trades for the consumer on autopilot.”

Steve Carletti an expert I.T. programmer and the head developer for Fap Turbo factors out that there are a variety of enticing benefits to automated Foreign forex trading including low start up prices, a huge market ($three Trillion is traded all over the world every day), and the truth that Foreign exchange is probably the most risky market on the planet which allows for unprecedented opportunities.

“It’s a should to be blind to not see the incredible potential,” says Carletti. “And reality be informed, my real success as a Forex dealer and robot designer solely came after I completely understood the significance of those elements…”

Whereas skeptics remain cautious about utilizing automated solutions, many who’ve tried Fap Turbo are happy with the outcomes they’ve gotten using the system

“Obviously anytime you’re trading there’s a threat of loss,” says Hendricks. “But that being stated, Fap Turbo clearly is working for some, and the fact that it provides an automation answer certainly makes it a lovely option.”

Online Trading Tips For Beginners Venturing Into Stock Business

The foreign exchange market is considered the most profitable market in the world. Because of its faster money making capability, it draws more number of people to start investing in it. Beginners & experts who want to earn their fortune trading profits faster feel equally excited at this option. Though one can enjoy trading in the Stock market for 24/7 but it is not always possible to get desirable profit. Only successful trading tips can help you become the hero in Stock trading business.

Though investment in Stock trading seems attractive & can bring you instant money, a first timer should be little careful while venturing into it. It is only because most of the people hurriedly jump into the online foreign exchange market without proper idea on trading tips in use so that they can become successful. They dont just bother to predict the trends, analyze the Stock data & gather sufficient intraday trading tips & incur losses in investment. So it is always recommendable to take some time off your busy schedule & start learning on trading tips applicable for varied market situation. After becoming fully well versed with them, you can take the risk of investing money in the Stock currency market.

There are instances where traders, speculators as well as investors have invested carefully & made a lot of profit. Thus profit can be made if you have sufficient knowledge on trading tips. By gathering trading information from reliable sources, one can easily avoid the failure & reach at the destination.

The beginners should first concentrate on learning the past history as well as the present trend of the Stock market. By analyzing the past Stock market records, they will be able to predict the chances of such patterns arising in the future. Even at times they may feel confused to find rapid ups & downs but knowing the trading tips can really prove out to be useful for them in minimizing the investment losses & generate gains.

The next step is that one should try to learn the tit bits of Stock market. It would be better if he/she makes a detailed study & does not adapt any short cut means. The trading tips give them the lesson to realize the value of their hard earned money first & then consider investing it in Stock market. However, introduction of online Stock software has made Stock investment a lot easier these days & just pushing of buttons can do the same.

Many professional share broker firms are nowadays providing stock traders with highly essential intraday tips to help them make regular profits from day trading in stock market. They use advance technology & sophisticated Stock software to evaluate the data of important stocks. They prepare intraday tips after carefully scrutinizing, analyzing & selecting stocks on various criteria. The stock traders can just follow these highly accurate intraday tips to come out successful in day trading.

Common Stock Trading Techniques

Many an investor is intrigued by online stock trading. Fortunes can be won and lost in the blink of an eye, and enthusiasts often delve in with only partial knowledge and understanding. Although all trading must be coordinated through a broker, not every stock market investor takes advantage of advice services or account management, preferring to pay lower fees and handling buy or sell decisions independently. Knowing the types of trading can help reduce the cost of mistakes.

Types of Capital Market Stock Trades
Online stock trading in the capital market can involve any strategy, timing or funds amount. Four common trade outlooks and types include:

Day Trading: As its name implies, day trading involves buying and selling stock within the same business day, hopefully taking quick advantage of current events within the stock’s field. Day trading involves a higher risk than most strategies. Day trading is the antithesis to long term investment guidelines.

Momentum Trading: Huge stock volumes and widely changing stock prices indicate momentum trading. If you are a casual investor, you can tag along with volume trades, if you’re able to make a buy or sell call at the right time. Momentum trades are usually in response to newly released stock or news that affect the stock price, either increasing it or decreasing it.

Fundamentals Trading: This type of stock trading is the most well known. Using information regarding the financial health of the company, an investor determines the level of commitmentwhether to buy stock and how much or to refrain from it altogetheris warranted at that time. If an investor chooses to buy stock, the commitment generally runs into a long term situation, but the investor always monitors the stock’s value.

Technical Trading: Chart indicators and signals drive technical trading. Brokers and investors use technical analysis to predict stock movement and values. Often stock bids include price targets and stop-loss amounts and can be valid for either short term or long term investments.

Additional Techniques
Using aspects of several types above, two additional investment strategies may assist you in your investment decisions:

Swing Trades: Based on daily charts or occasionally 240-minute (4-hour) charts, incremental changes to stock prices track easily. The method often requires intense time and effort, however, and if you aren’t able to follow stock values that often, this method may not be the wisest for you.

Position Trades: Stock trading based on position is often the longest term trading form. Aimed toward the long term, position trading is reasonable acceptance of market fluctuations, because in the long term, you believe the stock will hold or increase its value.

Summary:
With proper preparation, education and caution, you can determine what strategy suits your investment goals, risk acceptability and even direct involvement. Careful analysis may solidify a decision to handle your own investments or engage broker management services. Either way, know your strengths and weaknesses, and your online stock trading experience can be enlightening.