Spot Forex Trading - The Forex Heatmap

The Forex Heatmap ™ is now available to all spot forex traders. The Forex Heatmap ™ gives any spot forex trader an easy to in interpret data visualization tool that organizes the data from 25 currency pairs into a visual map of the spot forex for fast and accurate spot forex trade entry decisions.

The vast majority of forex traders don’t know the condition of the forex market when they enter a spot forex trade.

There are two reasons for this. The first reason is ignorance. Most forex traders trade one pair like the EUR/USD and are looking at standard forex technical indicators on one timeframe. They continuously force trades into the EUR/USD when there is no trade there at all and they all wind up being forex scalpers. In the meantime other pairs are moving hundreds of pips, almost daily, and these forex traders simply cannot see the larger picture of the forex market.

The second reason is that once a spot forex trader has decided that they to want to know the condition of the entire forex market when they prepare to enter a trade, or that they want to trade the best currency pair available with the most pip potential, they see that it is not possible because up to now there were no good quality forex market visual maps available to them. When a forex trader searches for such a visual map of the spot forex that gives them a real time picture of the forex market they find that a tool like this may not exist.

This is where The Forex Heatmap ™ enters the picture. The Forex Heatmap ™ quickly and conveniently verifies your spot forex trade entry decisions across 25 currency pairs. Forex trading accuracy will improve dramatically for any spot forex trader and you will also know when to NOT enter a spot forex trade.

Typically at the point of entry the spot forex trader must worry about placing the trade in their forex broker platform and make sure that the correct pair and direction are entered on the trading execution platform while watching a forex price chart. There simply is not time to click on the charts from 5 to 10 currency pairs to verify the entry decision or the overall forex market condition. Forex traders must focus on the trade entry and have tools that work quickly and are easy to interpret. This is where forex traders make mistakes and emotion takes over. Traders need a quick entry verification visual map of the spot forex that streamlines the forex trade entry decision process.

The Forex Heatmap ™ solves all of these problems. The Forex Heatmap ™ is a dynamic visual tool that consolidates the data from 25 currency pairs using real time forex datafeeds and translates the forex data into a visual map of the spot forex. When you combine The Forex Heatmap ™ with a simple trading plan and very simple forex trend indicators, basic knowledge of forex support and resistance, parallel and inverse analysis, and the direction of the primary trend you now have a powerful combination of high quality analytical and decision making tools for forex trading. Emotional forex trading gives way to logical forex trading. The full potential of 25 currency pairs is now yours not just some scalping of one or two currency pairs that most forex traders have focused on in the past.

The majority of forex traders scalp, use forex technical indicators, or use forex robots, and the failure rate is incredibly high. Heatmaps are becoming more common in business, financial, internet and technology applications, and The Forex Heatmap ™ is leading the way to create successful spot forex traders.

The Successful Trading Online Strategies

As we know that a strategy is one of main way to sussecc in trading market. if we consume many chart every day, we believe that we can get some style from the market run. ok lets make a profit with us, and follow this strategies.

Sound tips and strategies for online stock market trading are the key to success. Equally, avoiding pitfalls and traps is paramount to swinging the balance of winning trades in your favour. Ultimately, having successful strategies will minimize risk and in so doing lead to healthier online trading profits.

There can be a wide range of information sources to which you are exposed. Once people know you are involved in trading, it is very likely you will receive trading advice from all quarters, ranging from your distant relatives to your neighbour to the clerk at the local store. Nevertheless, some tips may be based on study, experience and expertise and yet this may not be apparent without further investigation or questioning. The point here is not to take offered information at face value but to conduct your own research to validate or discard the information.

Information overload is one pitfall which most traders face. Nevertheless, no matter how much research is used to guide your investment decision, stock market trading is about taking reasonable risks with no safety net. This is important to understand. It is about using the information resources to minizing risk and then taking the plunge. Seeking absolute certainty should not be a factor.

There are likely to be changing trends in the popularity of various information resources used for gathering stock trading tips. This is human nature. Allow enough time to properly evaluate the worth of your tips resource rather than acting impulsively and at the same time retain a watchful eye for any change in consistency or reliability.

Free information can be very useful to guide initial research. However it may also lack the depth required to make robust decisions which effecively minimize risk. Be prepared to cut your free information resource if it fails to be valuable in arriving at decisions on which you can take action.

Software to analyze stocks and patterns of trading can be very useful to save valuable time in arriving at buy and sell decisions. If however the software cannot be customized to provide recommendations which match your own trading strategy then it is a waste of your valuable time.

Adopt consistency in the application of your online trading strategy. Your chosen methodology should fit any tips you consider, not the other way around. Tips will come and go. It is unwise to change your strategy to fit the latest tip.

Finally, be aware of the various strategies and pitfalls when considering trading tips. Take the time to evaluate your information sources. Be true to your trading strategy and use tools which support your methodology.

Trading with Strategy

Trading successfully is by no means a simple matter. It requires time, market knowledge and market understanding and a large amount of self restraint. ACM does not manage accounts, nor does it give market advice, that is the job of money managers and introducing brokers.

As market professionals, we can however point the novice in the right direction and indicate what are correct trading tactics and considerations and what is total nonsense.

Anyone who says you can consistently make money in foreign exchange markets is being untruthful.

Foreign exchange by nature, is a volatile market. The practice of trading it by way of margin increases that volatility exponentially. We are therefore talking about a very 'fast market' which is naturally inconsistent. Following that precept, it is logical to say that in order to make a successful trade, a trader has to take into account technical and fundamental data and make an informed decision based on his perception of market sentiment and market expectation. Timing a trade correctly is probably the most important variable in trading successfully but invariably there will be times where a traders' timing will be off. Don't expect to generate returns on every trade.

Let's enumerate what a trader needs to do in order to put the best chances for profitable trades on his side:

Trade with money you can afford to lose:
Trading fx markets is speculative and can result in loss, it is also exciting, exhilarating and can be addictive. The more you are 'involved with your money' the harder it is to make a clear-headed decision. Money you have earned is precious, but money you need to survive should never be traded.

Identify the state of the market:
What is the market doing? Is it trending upwards, downwards, is it in a trading range. Is the trend strong or weak, did it begin long ago or does it look like a new trend that's forming. Getting a clear picture of the market situation is laying the groundwork for a successful trade

Determine what time frame you're trading on:
Many traders get in the market without thinking when they would like to get out, after all the goal is to make money. This is true but when trading, one must extrapolate in his mind's eye the movement that one expects to happen. Within this extrapolation, resides a price evolution during a certain period of time. Attached to this is the idea of exit price. The importance of this is to mentally put your trade in perspective and although it is clearly impossible to know exactly when you will exit the market, it is important to define from the outset if you'll be 'scalping' (trying to get a few points off the market) trading intra-day, or going longer term.


This will also determine what chart period you're looking at. If you trade many times a day, there's no point basing your technical analysis on a daily graph, you'll probably want to analyse 30 minute or hour graphs. Additionally it is important to know the different time periods when various financial centers enter and exit the market as this creates more or less volatility and liquidity and can influence market movements.

Time your trade:
You can be right about a potential market movement but be too early or too late when you enter the trade. Timing considerations are twofold, an expected market figure like CPI, retail sales or a federal reserve decision can consolidate a movement that's already underway. Timing your move means knowing what's expected and taking into account all considerations before trading. Technical analysis can help you identify when and at what price a move may occur. We will look at technical analysis in more detail later.

If in doubt, stay out:
If you're unsure about a trade and find you're hesitating, stay on the sidelines.

Trade logical transaction sizes:
Margin trading allows the fx trader a very large amount of leverage, trading at full margin capacity (in ACM's case 1% or 0.5%) can make for some very large profits or losses on an account. Scaling your trades so that you may re-enter the market or make transactions on other currencies is generally wiser. In short, don't trade amounts that can potentially wipe you out and don't put all your eggs in one basket. ACM offers the same rates regardless of transaction sizes so a customer has nothing to lose by starting small.

Gauge market sentiment:
Market sentiment is what most of the market is perceived to be feeling about the market and therefore what it is doing or will do. This is basically about trend. You may have heard the term 'the trend is your friend', this basically means that if you're in the right direction with a strong trend you will make successful trades. This of course is very simplistic, a trend is capable of reversal at any time. Technical and fundamental data can indicate however if the trend has begun long ago and if it is strong or weak.

Market expectation:
Market expectation relates to what most people are expecting as far as upcoming news is concerned. If people are expecting an interest rate to rise and it does, then there usually will not be much of a movement because the information will already have been 'discounted' by the market, alternatively if the adverse happens, markets will usually react violently.

Use what other traders use:
In a perfect world, every trader would be looking at a 14 day RSI and making trading decisions based on that. If that was the case, when RSI would go under the 30 level, everyone would buy and by consequence the price would rise. Needless to say, the world is not perfect and not all market participants follow the same technical indicators, draw the same trendlines and identify the same support & resistance levels. The great diversity of opinions and techniques used translates directly into price diversity. Traders however have a tendency to use a limited variety of technical tools. The most common are 9 and 14 day RSI, obvious trendlines and support levels, fibonnacci retracement, MACD and 9, 20 & 40 day exponential moving averages. The closer you get to what most traders are looking at, the more precise your estimations will be. The reason for this is simple arithmetic, larger numbers of buyers than sellers at a certain price will move the market up from that price and vice-versa.

Why Upside Has Been Limited Stock

Stock is very intrested in trade market, Lately we’ve seen occasional bounces with flashes of brilliance (like the June 15th rally which was the best one-day point gain for both the NAZ and S&P 500 since March 2003), but the upside has been significantly limited. Since the major indexes started trending lower back in May, the upside we’ve seen has merely been the flash-in-the-pan type. Why is that so often the case during bear markets?

Consider the speed of the 2 recent market declines. They were both downdrafts where the selling was heavy and constant with no real breather on the way down. Both selloffs came with streaks of 8 consecutive down sessions for the NAZ (5/9 thru 5/18, and 6/2 thru 6/13). Combine these ugly selloffs with the fact that so many participants in the market can’t seem to take a loss no matter when they occur (they aren’t disciplined traders who know when to sell stocks!), and you get the ingredients for persistent pain.

Let’s look at the dynamic of how this happens. Stocks fall through mental stop loss areas and those who are long are now facing heavy losses. Then the vacuum of selling continues, making bad trades worse. Losing positions become very ugly, and they do it quickly. Things finally settle down for a few days and the market gets a relief rally. Once the bulls see higher prices, they have the chance to exit at better levels, so they sell into the bounce to raise cash and exit their bad positions. This selling pressure limits the upside momentum, as strength is met with supply rather than additional demand.

The market started this downtrend in May and remains there today as I write. Cash is a good place to be if you aren’t short. Thursday has the potential to provide an explosive move with the Fed announcement, but trying to get in front of it is a coin toss. Wait for proof that the downtrend has ended before getting long, always employ stop loss orders, and you won’t see your hard-earned trading capital sucked out of your account the way so many did in recent weeks!

Jeff White

Forex Trading Tutorial

How to learn about forex???just read this article.
Many sources on the internet will offer to sell you a trading system or a piece of software that they claim will bring you insanely high returns every month. Most of these claims are bogus and most of the systems that people are selling are just based on lagging indicators or moving average crossovers that really just do more to confuse a beginning trader than to help them.

A solid trade forex education should actually teach you something of substantive value that you did not know before which can be applied to any market and not only forex. Paying hundreds or thousands of dollars for a trading system or signal service that essentially does not allow you the tools to form your own unique market perspective is a little bit like buying one fish from the super market when you could pay the same amount and just by yourself a fishing pole and then eat for free for a lifetime.

Many aspiring traders get the idea that successfully trading the market will be a very easy endeavor and that they don’t need to put much thought into their trading plan or trading method. This could not be further from the truth. While it is true that you can profit from a simple and logical trading method, you still need to have a solid and written down trading plan that includes a strict money management scheme that you follow with ice cold discipline.

The last sentence is why trading is so difficult for many people, read it again. If you are trying to trade off some complicated, indicator-based method or a software program you are probably very likely to get confused and frustrated because you have no idea why your system is telling you to do what it is. You need to fully understand your trading method and make sure that it is not the cause of all your trading problems.

Having a trading method that you don’t understand or that seems ineffectual or overly complicated can be the very first road block to your forex success. You will need to find a straight forward yet highly effective and continuously relevant trading method in order to make sure you are getting started down the correct path in regards to your forex trading. Don’t settle for the first fancy e-book course or soft ware program you come across for trade forex.

Find a system that you understand and that seems logical and honest; something that you can tell would work before you even buy it. Most of the system and trading courses for sale are very vague about what they are actually offering before you buy it; this is simply because the product is garbage and probably is just going to cause you to lose money in the long run or possibly even blow out your trading account.

Forex educational courses can be difficult to differentiate, but if you find one that is explained well by its author and seems to make logical sense in the context of forex price action, you are probably on the right track. The main points that you need to keep in mind when searching for a great forex educational course is that complicated systems and indicator based courses are not always better, in fact they usually will just work to confuse and cause you to lose your money.

Also, you should look for a simple yet effective trading method that teaches you how to fish instead of selling you a single fish, combine this method with a hefty dose of discipline and you will have achieved the necessary tools for continued success in the forex market.

Galery

Trading Brokerage Profiles

Hello guys are you finding a appropriate brokers???

If you are looking for your first day trading brokerage, or are looking to change brokerages, there is some important information that you will need to know. These articles provide profiles of some of the most popular day trading brokerages, and will help you choose the brokerage that has the services and trading features that you will need.

Interactive Brokers
Profile of the direct access broker Interactive Brokers, or IB. Includes information about opening an account, trading fees, trading software, and reliability.

NobleTrading
Profile of the day trading brokerage NobleTrading, including information about opening an account, trading fees, trading software, and reliability.

Peregrine Financial Group (US)
Profile of the direct access broker Peregrine Financial Group or PFG. Includes information about opening an account, trading fees, trading software, and reliability.

TradeStation Securities
Profile of the direct access broker TradeStation Securities or simply TradeStation. Includes information about opening an account, trading fees, trading software, and reliability.

Transact Futures
Profile of the direct access broker Transact Futures. Includes information about opening an account, trading fees, trading software, and reliability.

Trading Pshycology

Hello, how are you???

I hope you are in best conditions right now, we are knowing that price will be not predicted by us. but dont worry it will be back to the normal. may be its influence by fundamental news or many speculant trader come to the market.

ok..today i will exspand about trading psychology. as we know that trading forex is a bigest investement business, so we can get high return and high risk also. from this condition our source wiil contaminate. for example we always have negative think if we are floating. so what should we do to decrease thats??? ehm..i believe that every trader worldwide have been felt this situations. but many trader get loss becouse they could not controll the emotions.

so what should we do???
I will determine by 5 tips bellow :

1. Please learn about the right strategy in forex ( tekhnical and fundamental analysis)
2. You should believe that is the right strategy
3. You have to believe to your self
4. Just take a prayer before you start to open the market
   
5. Jut wait and see the market will come to the Take Profit Target

Please be patient if the market run back from our Profit target. We beliave thats only a minute to stabilize the price.

Pivot Point Trading

Pivot strategy is a simple way to get a profit. You are going to love this lesson. Using pivot points as a trading strategy has been around for a long time and was originally used by floor traders. This was a nice simple way for floor traders to have some idea of where the market was heading during the course of the day with only a few simple calculations.

Lets see..
The pivot point is the level at which the market direction changes for the day. Using some simple arithmetic and the previous days high, low and close, a series of points are derived. These points can be critical support and resistance levels. The pivot level, support and resistance levels calculated from that are collectively known as pivot levels.

Every day the market you are following has an open, high, low and a close for the day (some markets like forex are 24 hours but generally use 5pm EST as the open and close). This information basically contains all the data you need to use pivot points.

The reason pivot points are so popular is that they are predictive as opposed to lagging. You use the information of the previous day to calculate potential turning points for the day you are about to trade (present day).

Because so many traders follow pivot points you will often find that the market reacts at these levels. This give you an opportunity to trade.

Before I go into how you calculate pivot points, I just want to point out that I have put an online calculator and a really neat desktop version that you can download for free HERE

If you would rather work the pivot points out by yourself, the formula I use is below:

Resistance 3 = High + 2*(Pivot - Low)
Resistance 2 = Pivot + (R1 - S1)
Resistance 1 = 2 * Pivot - Low
Pivot Point = ( High + Close + Low )/3
Support 1 = 2 * Pivot - High
Support 2 = Pivot - (R1 - S1)
Support 3 = Low - 2*(High - Pivot)

As you can see from the above formula, just by having the previous days high, low and close you eventually finish up with 7 points, 3 resistance levels, 3 support levels and the actual pivot point.

If the market opens above the pivot point then the bias for the day is long trades. If the market opens below the pivot point then the bias for the day is for short trades.

The three most important pivot points are R1, S1 and the actual pivot point.

The general idea behind trading pivot points are to look for a reversal or break of R1 or S1. By the time the market reaches R2,R3 or S2,S3 the market will already be overbought or oversold and these levels should be used for exits rather than entries.

A perfect set would be for the market to open above the pivot level and then stall slightly at R1 then go on to R2. You would enter on a break of R1 with a target of R2 and if the market was really strong close half at R2 and target R3 with the remainder of your position.

Unfortunately life is not that simple and we have to deal with each trading day the best way we can.

I have picked a day at random from last week and what follows are some ideas on how you could have traded that day using pivot points.

by Mark Mc Rae

What is trading

i was happy to make this blog because i can share with all the poeple in the world exspesialy indonesian. so the firs time i want to post " What Is Trading". i still remember when the firs time i knew a trading phrase. its like a undrestanding think. but after 5 years ago i didnt know everything about trade, so after i finished my study in purwokerto, i knew a nice and smart peson. he ask me to learn about trade market. em....i was confuse in the first time, but i realy intreasted to know all about tarading, so i continued to learn with him.

finaly , after about one month learn with him, every mont i studied and sleep ini his house. i can get adventage of this, its realy greatestfull and wonderful to get exstra money online.

thanks my leacture, his name is mr boy...

best regards for me. i will continue to trade

Trade Profile

Trader University (TU) is a training center to make a profesional trader. We accept everyone who want to learn about trading. As we know that Trading business is the highest return and highest risk. We care for all trader who losed befor in forex trading. so we build this blog to discuss about tips and trick, how to get profit 100% from trading. Based on experience, we breve to introduce our organization worldwide. Proudly we call this Trader University.

Vision :

• Helping trader exspecialy indonesian poeple to get exstra money

Mision :

• Helping the goverment to decrease a poor family
• Make a profesional trader
• Making a network to develop a friendship

do the best for your family, and we will be a important man in our family.

Best Regards,
Go susess

GM : wahidin, S.Kep.Ns