The mystery that splits Forex trader

a conversation I had with a gentleman has led me to write this article, in fact. When we talk about what I do and what I teach, he revealed to me that he also like to speculate in the foreign exchange markets from time to time. How the chat was he reveals that he actually was the trade of the FX market for about five years. He was very open with me and we have talked about how he had made some good money, but in the end he was still in the negative. Ask him how he felt he replied that he was close to give up because he felt that all financial markets are forged and manipulated. He repeated that quote, "the big guys are all behind you." My answer was to ask him why he is not only stop if he felt that. , he replied that he just needed to find the great mystery which everything, and perhaps I was the guy to help him. In recognition of his pain, I felt it was time to show him the great mystery in the markets. He held his breath in the expectancy.

"The great mystery is that there really is no secret," I said to him. 

You earn money and the money is lost by each individual person and the institution, speculated. We all win and we all lose, but what really separates the profitable from the unprofitable is how you win and how you lose.
Lose very small and large profits and you do not need to quite often. Nobody gets it right all the time and if they did, the markets would cease to exist because it is no longer as a zero-sum game, after all there must be a winner for all losers, right? All this seemed sensible to him but he asked me what he was missing because the idea that the markets were manipulated on a daily basis was shadowed him and he could not be removed.

"What the banks know that I am not?" he asked me. 

My answer was simply in nature, as I explained to him how likely you have access to the resources that the public will never be able to see or bars, but even after all that you still cannot guarantee the markets work in their favor. No one knows what will happen next after all. I explained to him that one of the things you like to do is get the best price you can, through the purchase of as low as possible and sell as high as possible in order to minimise risks and maximize your reward. This is how money is best in a sense. The key is to wait until the price comes to you and be prepared to pull the trigger when the opportunity presents itself. This is the concept that we teach our students in online trading Academy. If you spot the tracks of the institutions on a course-chart and see where you buy and sell, there is no reason why you do not try to buy and sell at the same time as you, is it?

His next question was obvious:

"Can I learn to do the same?"

In my humble opinion, everyone can learn to trade and are consistently, but only if you learn how to use the model of the successful, you avoid the error that novice traders make and are prepared according to the rules of the trade without your emotions better of you. If you want the secret to trade then here it is:, you must accept the losses small, wins major and focus on risk management in the first place. Then patient enough to wait for the opportunity to buy and sell if your premiums are high and the risks are small, at the institutional level of supply and demand. You have wins and you will have losses. Do not make large quantity of either way and do not waste your time to lose. This is a safe way to lose your flow. Finally your set ups, if they are to you and let your plan to do the job without getting in the way. Pretty simple secret is not really?

According to this explanation to my new friend we saw almost easier and some real education on the foreign exchange market to finally learn the great mystery was not so large, after all. I hope you found my great revelation also helpful. Be safe and stick to the plan.

source: fxstreet.com

Five-year forecasts every small business should consider

 
Small businesses that are working to build sufficient income for expansion and growth have a new set of challenges they face with each passing entire quarter. Changes in the global market have permanent impacts on small businesses and the only way an entrepreneur or small business owner can make more of these challenges is through the use of a futuristic approach to marketing and business development. Here are the major predictions for the expected market return over the next five years. Focus on the dominant trends in these examples to ensure prosperity and future growth. 

Online Hiring: The New HRM

While electronic commerce seemed like the last intelligent use of the Internet to make money online recruitment has emerged to cancel that statement. Yes, companies are hiring through online portals like Elance, to seize local talent and overseas talent that can perform faster and better than local talent can do work. Online recruitment seems to be the new trend in the field of human resources management, with about fifty four percent of recruitment companies in Elance indicated that local talent search online in the next five years. Over the past year, it has been noticed that online profits has been higher in the US, and business owners are able to benefit from this, as I find a great diversity of talent working through independent portals and ready to be employed, either full time or contract positions.

Forex Trading: Easier Like Never Before

Often regarded as the weakest of secondary investments, forex trading is a risky investment arena that most businessmen try to avoid unless a very good opportunity opens. Come 2015, suddenly there is a great opportunity to open in this field as half the world witnessed unexpected movements in the currency market. It is a good time to watch the market and make their moves accordingly, and trust me, there are plenty of opportunities for small businesses in this season. The road is easy. Download any forex trading application available for your mobile and check the growth and collapse of the currency. This will help you operate actively and also keep a watch whenever you have to plan exports or imports from other countries. For example, according to NetoTrade, rising USD / JPY seems to have a future promise as small businesses can expect to invest in the Japanese market and see the profits go through the Yen easily. 

Retail and Real Estate: Evergreen As always

The efficiency of work in the retail and real estate are here to stay. Its growth is unimpeded since all countries are experiencing a change in ownership and prices after recent changes products in the global economy. It's slow, no doubt, but these industries will grow in the same direction and survive changes in the same way as they did during the recession.IT industry: newer avenuesWith mobile technology changing the face of online marketing, it is not surprising that many companies are closing their web sites or web pages. Yes, new avenues are opening in the IT industry and are close to opening a whole new industry around mobile technology and cloud. With ethical hacking practices known to many now, it's easier to safeguard your business and online portals like never before.

Best Ecommerce: Get Cheesy If not least

Since the payment of money online took over-the-counter payments, customers have not waited and looked at the slow days cash counter lines. And for companies like yours, which gave a huge great opportunity to take advantage of electronic commerce methods. The next five years are likely the best for electronic commerce as a new and better methods come into existence. Use Cryptocurrency, online coupon codes, offers of free samples, unique gifts guests, content and social interactions to maintain its base of customers elated. This will come back to you for more.In conclusion, we could simply tell the different opportunities opening line and get into action immediately, because if you do not start now, then it will never happen. Yes, it's time to innovate. Get ready for all the challenges that come in the next five years with these important tips. You are sure to rock!

Forex technical trading: EURJPY testing recent lows

This pair – like the EURUSD – traded at the week’s low in the early
hours of Monday’s trade.

The rest of the week, has seen the price
traded up and down between a high of 134.34 and a low of 132.37. The
price is currently testing that low support area. A break should solicit
more momentum to the downside.   Much will be dependent on whether the
USDJPY can break and scoot below the 117.17 level.   So far, the bell
rang, the buyers salivated and have taken the USDJPY back to the 117.40
from 117.28.   EURJPY has also bounced a little as well.  The markets
are moving toward the Friday afternoon soon. So risks will be dependent
on the flows as traders consider the gap risk over the weekend.

source:

Forex technical trading: EURJPY testing recent lows | ForexLive

The FX Week is underway - Forex prices Monday morning, early indications

Monday Morning Forex open first FX market prices early January 12, 2015

Hello, welcome to the start of the week FX. With only the open market in New Zealand at this time of market liquidity weeks is super thin.

Liquidity improved slightly as active Australia, but not much. Note also that it is a holiday market in Japan today, that this additional period will extend normal Monday morning.

Price Guide:

Usual caveats apply - is very illiquid and prices can move sharply in not much at all.

Gold Still In Bear Cycle?

GOLD- Well, not a happy Christmas for gold buyers yet.  

We said in our forecast TMTF for 1190 and 1241 as key support would also have to be taken out on a closing basis before we could confirm a new uptrend in gold and end the 5 waves Bear Cycle. Not entirely, however, and indeed in my social service we avoided Gold reserves completely even with the recent temptations for long because Oro for us is key. If we are not more than 1241 then we are not buyers of gold shares, plain and simple. With 5,000 stocks to choose from, why not go with the sectors that are in strong uptrends and avoid those mired in the mud as gold? For example, you might be looking to stock up given all the cyber attacks worldwide that are only getting worse. Gold is money, as we all know, but a downward trend is a downtrend. Trust what you see, not what you think for best results.

So now the problem is that we gave support line 1190 and MA 30 weeks on the weekly chart is your guide to the key resistance to wear. We remain on the bench until removed. The following graph shows the blue line with the 30 weeks moving average resistance, and can use this same graph for the uptrend in the SP 500, which we recently used for our subscribers too. Be free of bias in history and hay days of gold reserves and gold, which ended in 2011 ... wait for the next hay days to arrive, see the 30-week moving average before acting.

The SP 500 for its part is in wave 3 from 1973, 38% of the surface wave 2 lows. That was a quick fix and waves now are likely to be quicker and shorter as we are in the primary wave 5 of this bull cycle, the later stages of the Bull if not mistaken. 2131-2138 is the bogey past the first Fibonacci pivot resistance on the way to the goal of 2181 had over a month or so ago.