AppId is over the quota

Shop thousands of new items at discounted prices at Sierra Trading Post.
Choose from outdoor clothing, gear and more.
Just go online to view all items on offer.
how you make money online

Shop thousands of new items at discounted prices at Sierra Trading Post.
Choose from outdoor clothing, gear and more.
Just go online to view all items on offer.
All traders, and almost all non traders, are aware of the main US, European, and Asian stock indexes, because these are the indexes that are reported in the news. However, many traders, and certainly most non traders, do not know how the stock indexes are traded, and often assume that they are traded like individual stocks.
The stock indexes cannot actually be traded directly, and are available for information only (i.e. as a way to track the performance of the markets or a specific sector). Market data is available for the stock indexes, and they can be charted like any other market, but there is no way to make either a long or short trade on the actual stock indexes.
Whenever we hear a trader mention that they are long on the Nasdaq, or short on the FTSE 100, they are not actually long or short on the Nasdaq or FTSE 100 indexes. They are actually long or short on a futures or options market such as the NQ futures market or the Z options market.
Futures and options that are based upon a stock index are known as derivatives markets, because they are derived from the underlying stock index. There are futures and options markets available for all of the popular stock indexes. Stock index futures and options markets are some of the most popular markets for short term and long term traders alike.
Futures and options markets usually move in synchronization with their underlying stock indexes (e.g. when the CAC 40 stock index moves down, the CAC40 futures market usually moves down). It is therefore possible to chart the stock indexes while trading the futures or options markets.
There are some advantages to charting the stock indexes instead of the futures or options markets. For example, the stock indexes are continuous markets (i.e. they do not expire like futures and options contracts do), so traders do not need to update their charting software to a new contract every three months (or monthly depending upon the market in question). Also, the options markets are difficult to chart because they consist of many equally active contracts (with different prices), so charting the stock indexes instead allows a trader to trade multiple options contracts using a single chart.
If you do decide to chart the stock indexes instead of the futures or options markets, note that you still need to update your trading software (your order entry software) to use the appropriate futures or options contract, otherwise, you may find yourself trying to trade an expired contract and wondering why it isn't working.

It is not uncommon to see people new to the business of trading try to utilise 5 minute charts and experience numerous losses in the process of doing so. This is not to say that trading higher timeframe charts is a simple path to success – because it is not. Higher timeframe charts do however remove some of the noise which is exacerbated when trading with the lower timeframe Forex charts. A 20 pip stop loss can be hit in seconds during major event risk or even on interaction with a technical level.
Does this mean that lower timeframe Forex trading is an exercise in futility? I would say this is not the case but an awareness of the bigger picture is essential. This post will look at a top down analysis piece which culminated in a trade on the 5 minute timeframe charts. As you will see there was a lot of thought going into the setup and it was not limited to the 5 minute chart in isolation
This trade was on the GBPUSD currency pair. Our weekly GBPUSD analysis brought to light the following information re the pound/dollar major.
Price was trading just above the psychological 1.6000 GBPUSD handle.Commitment of traders COT report data showed the pound was relatively robust in terms of non-commercial (large speculators) positioning.Price was moving into a confluence area of potential support on the higher timeframe charts.Now you may see this as irrelevant, when looking to trade intra-day on the lower timeframe, but it tells us there is a chance the bigger traders will be looking for GBPUSD longs as the new week begins. At the very least it shows us that the market is not “overtly” bearish on the pound.
Further to this we have a gap down on EURUSD and the dollar index gaps higher. The gap was still open as the Frankfurt/London Open session begins and some traders may be looking to initiate a gap trade play. This information is noted down before the trading day begins.
![]()
So the top down analysis had shown that price did not close below support. If the bears are trapped in a net breakeven or worse trade and do not see further downside they may need to liquidate positions. Even if they have a profit on the table and see price stalling at support they may become nervous and take a profit before the London open.
![]()
All of the above is supplementary information compared with the last piece of the puzzle. As the Frankfurt and London markets open cable tests double bottom area support following a strong 5 minute bearish candle (see price action within the red circle above).
The next candle (prior to the trigger candle) is hinting that price my be running out of bearish momentum with the small wick below. This is not really a strong signal on its own though. The next candle was my trigger to go long. A 5-minute bullish engulfing candle at the double bottom area. A 5 minute trade signal like this is not uncommon but the time (liquidity hitting the market at European open) and location (price structure support) made it stand out in my eyes.
I was already aware that there was not event risk due and had checked the financial calendar schedule. The spread was checked before trade initiation to make sure it was acceptable. The exit was at the horizontal dotted black line above. Traders differ in this area (profit taking) but I prefer to grab a quick profit and minimise risk.
The trade lasted around 10 minutes and went smoothly to the target (it does not always work out so well… trust me). If price had of hesitated at the down sloping trend line a decision would have need to be made regarding potentially closing out early.
Hopefully this gives an insight into the preparation that goes into a trade idea. Do not go out and try to replicate this. The post is purely for commentary purposes only and not a recommendation on how to trade. Take care out there.
Related posts:
App Store From FXCMDollar Index Analysis 16th May 2012Dollar Index Technical Analysis 15/5/2012Forex Broker Articles – What is easy-forex?Gold Technical Analysis Update 12th May
The Forex Industry has and continues to undergo fundamental changes in 2012. With significant market instability since the recession of 2008+, traders have been forced to become more aware of current affairs and events. Whilst at the same time more astute in understanding the benefits and features of the growing number of Forex Brokers.
2012 is set to be cemented as the year where Social & Apps become one in all verticals. In Forex this is especially pertinent since traditionally interaction and engagement between traders was a taboo subject. Today we see the openness and willingness of traders to share strategies and participate in open discussion on events that can lead to smart trading.
One area where recent technical developments have matured is Forex Signals for long time, signals were frowned upon as untrustworthy and created by opportunists aiming to make their profit from selling a product while their customers lose their money on the markets.
In 2012 we’re seeing a natural move from traditional signal providers being replaced by user generated and transparent social forex signals . A great example of this is the recent (re)launch of ForexGlobes, which pits itself as the first true “Social Forex Signal Platform” The first generation of their platform soft launched last year although after positive feedback was taken off-line while fundamental re-development took place. This month it re-emerged as a total social experience. Signals are only provided by the community, and the platform is open to all traders regardless of level or current choice of broker. The intention appears to be 100% transparence coupled with 100% independence from trading activity.
As a truly social platform the success of individuals is dependent upon the success of the group. Every trader is able to publish signals and a ‘reputation’ score is continuously recalculated allowing new members to easily see which trader should be followed and trades copied for the best chance of success.
Forex trading has become an honest and accepted investment strategy and tool for both institutional and private investors. However it has taken some time for the market to mature and companies to emerge willing and able to provide traders with real tools to help them make money. With social platforms entering the market the face of Forex has changed irrevocably, the power and demand for transparency is with the client.
For the first time there now exists a trading signals community. Engagement, exchange and discussion of Forex trading strategies can now be leveraged to allow you to realize the opportunities claimed by brokers.
Tags: Business, Commodities and Futures, Foreign exchange market, forex, forex globes, ForexSignals, Investing, social forex signals, Trade, Trader (finance) Gold seit Jahren einer der wenigen Rohstoffe, die immer gefragt ist. Es hat immer blieb im Trend und als die beste Ware für Investitionen. Dinge noch nicht geändert haben, und wenn wir die derzeitige Situation mit der Währungsunion Rezession droht große sorgfältig betrachten, investieren unser Geld in Gold noch scheint die perfekte Wahl. Aber in den letzten paar Jahren hat es eine drastische Erhöhung der Preise für Gold, aber es ist Laut Marktexperten noch eine kluge Entscheidung, ein Portfolio zu diversifizieren und gold Handel ist auf jeden Fall die richtige Wahl.
Gold Online-Handel
Gold ist immer noch eine starke Performer. In der Tat hat es eine Zunahme der Nachfrage nach Gold in den letzten Jahren, und seine Forderung ist Förderung weiter auf einer täglichen Basis. Infolgedessen suchen Investoren verschiedene Möglichkeiten, den Preis des Goldes nach Belieben alles rund um die Uhr überwachen Handel am angemessenen Preis. Glücklicherweise gibt es eine Plattform namens "Internet", die tatsächlich treffen diese bevorstehende Nachfrage hilft.
Gold ist heute einer der am stärksten online gehandelten Waren und viele Menschen aus der ganzen Welt für den online Handel mit gold erwägen. Bietet hohen Return on Investment, dieses Konzept online gold Handel große Popularität gewonnen hat. Heutzutage gibt es zahlreiche Websites wo kann ein Anleger seine oder ihre Konten eröffnen und Geld, das für digitale Gold ausgetauscht und verwendet für den Handel zwischen den verschiedenen Fonds einzahlen.
Warum Online Gold Handel hat Popularität gewonnen?
Das Konzept der online-Handel von Gold hat eine neue Plattform für Investoren und Händler ihre Handelsstrategien nach ihrem Geschmack anpassen. Ein Händler oder Investor kann Gold als Absicherung gegen Inflation, als eine sichere und langfristige Investition oder möglicherweise sogar kaufen Münzen in Lagerung gesetzt.
Abgesehen davon sind, dass einige der großen Karten zugunsten des elektronischen gold Handel ziehen:
Global Trading-Online-Handel bietet eine optimale Plattform, gold Handel aus jedem Teil der Welt zu genießen. Es ist nicht wichtig für Händler zu physisch während der Durchführung einer gold Handel vorhanden sein.
Instant Trade Execution- früher, die traditionelle Methode des Kaufs und der Handel mit Gold war etwas, das in der Regel viel mehr Zeit nahm aber mit online Kauf und Verkauf von Gold, ist der gesamte Handel Prozess effizient geworden.
Superior-Handel-Funktionalität- ein online-Handel von Gold bieten auch zahlreiche Märkte, wo Händler problemlos zwischen den Import Export gold Markt oder die Börse wählen können. Dieses Superior Handel Funktionalität hilft in seinem Portfolio zu diversifizieren und verbreitet Risiko entsprechend.
Direkter Zugriff auf reale Marktpreis-Der Goldmarkt Änderungen häufig auf der ganzen Welt. Online gold Handel kann jedoch spannender als es zahlreiche online-Ressourcen, die helfen können bietet, in der Verfolgung Echtzeit gold Preis. Es bietet auch Diagramme zeigen die Leistung von Gold über einen angegebenen Zeitraum im Vergleich zu den Vorjahren.
Diese neue Internet-trading System hat sicherlich den Prozess der gold Handel neu definiert. Keine Makler sind verpflichtet, im Namen des Kunden tätig sind, wie der gesamte Vermittlung Genehmigungsprozess automatisch online generiert wird. Dadurch, dass Händler und Privatpersonen, Geschäfte von zu Hause aus durchzuführen, hat es in der Tat den sofortigen Zugriff auf ihre eigenen Goldreserven erlaubt.