Monday, January 28, 2019

So why is Forex VPS Hosting becoming so common?


SGT Markets Forex Broker and CFD | sgtmarkets.com

The initial query which desires to be answered is what specifically is foreign exchange internet hosting? It is, following all, a quite slim term which, exterior the rarified world of forex investing, will not suggest significantly to may other folks. Effectively, in essence, it is possessing all your buying and selling techniques and platforms operating on a virtual personal server. This indicates that your investing account, and any 'trading robots' that you have operating immediately which are related to your forex broker's account, are traded remotely, via the world wide web hosting company's servers.

Making use of fx internet hosting providers has a number of advantages, and makes it possible for a trader to trade at all instances of the day. Additionally, if he or she is utilizing an automated investing software, the computer software can work 24 hours a day, even though the trader is sleeping!

In addition to the core fx internet hosting assistance, the company supplies a host of further capabilities, which make the user's knowledge considerably less difficult to offer with. First of all, there is an excellent, totally free, assistance and set up support, which is a fantastic support to get you began, especially if you have no encounter of using a virtual personal server. Secondly, the servers owned by the company support Windows, Mac, and Unix running methods, so there is total overall flexibility, and you are not tied down to a single distinct operating program.

The first factor we noticed when we logged in to their forex VPS server was how rapidly the trading platform loaded. This was undoubtedly a nice adjust compared to how particular other forex trading internet hosting solutions we had reviewed commenced. Secondly, we were very happy that there was no noticeable downtime in the course of our testing period. Forex VPS.com boast of a 99.99% uptime, and we feel that t
his is a genuine claim - once again, not like several other so referred to as forex internet hosting service companies on the market place these days.

In addition to the core forex VPS hosting support, the organization provides a host of extra attributes, which make the user's encounter significantly simpler to deal with. To start with, there is a great, totally free, assistance and installation service, which is a great support to get you started out, especially if you have no experience of employing a virtual private server. Secondly, the servers owned by the business support Windows, Mac, and Unix running systems, so there is full overall flexibility, and you are not tied down to 1 particular running system.

In addition to the core forex VPS hosting support, the organization can provide other benefits for fx traders. Firstly, there is a great, no cost, help, and installation service, which is an excellent help to get you commenced, specifically if you have no knowledge of employing a virtual personal server.

So let's give our last say on forex VPS hosting providers. For that reason, in conclusion, it can be seen that forex VPS hosting provides a selection of positive aspects for an fx trader. In these challenging trading instances, it is important that a forex trading trader gets every edge on his buying and selling as achievable, and fx internet hosting presents this edge.

How to Choose a Forex Broker?
TopAsiaFx.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:

  • Is the Forex Broker regulated?
  • Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability. Competitive spreads and easy deposits/withdrawals are good indicators too.
  • Number of Currency Pairs offered: The variety of currency pairs on offer, as well as the quantity, should be considered (the more of both, the better).
  • Availability of Customer Service.
  • Quality of the Trading Platform: look for a platform that is easy to use, straightforward and offers a collection of technical and analytical tools to enhance your trading experience.
RankBroker NameSpecial OfferMinimum DepositSpreadUser ScoreMaximum LeverageRegulationStart Trading
1NordFX55% Deposit Bonus$100.0 Pips961:1000VFSCOpen Account 
2SGT MarketsRefer a friend $10$5000.0951:400IFSCOpen Account 
3OctaFX50% Deposit Bonus$1000.4941:500IBCOpen Account 
4ExnessNo $10.1931:2000FCA,CySEC,IBCOpen Account 
5IC MarketsNo $2000.0921:500ASICOpen Account 
6Tickmill$30 Welcome  Account$1000.0911:500FSA,FCAOpen Account 
7Axiory$50 Deposit Bonus$2000.0901:400IFSCOpen Account 
8Justforex100% Deposit Bonus$10.0891:3000IFSCOpen Account 
9ThinkMarketsNo $2500.4881:400ASIC,FCAOpen Account 
10XM$30 Welcome Account$50.0871:888ASIC,FCA,IFSCOpen Account 
11FBS$50 Welcome Account$10.0861:3000IFSCOpen Account 
12HotForexNo $50.0851:1000INCOpen Account 

Sunday, January 27, 2019

How Do You Not Lose Money in Forex?


SGT Markets Forex Broker and CFD | sgtmarkets.com

How do I become a profitable trader consistently!
Forex trading can be simple. From a very volatile market, the highest trading volume, leverage, and low cost to an easy-to-use trading platform, it attracts beginners and professionals. However, it is surprising to find out that less than 10% of these traders generate large profits from the forex trading market. That is, it is very easy to lose money on Forex. It is a surprising statistic that most Forex traders really lose money.

Take Your Time to learn Forex
New traders without expertise, knowledge or experience need to take the time to understand forex trading. They say that no one stops learning and change cannot be avoided. Taking the time to learn first is a great way to prepare for the trading day. As a greenhorn in forex trading, you will understand what it is all about. This gives you a clear picture of what is expected and what is expected of you. For professional traders, studying the market is very important for success in trading. Factors such as geopolitical and economic shifts affect the market and must be studied on an ongoing basis.

The strategy used by Legendary Traders
Trade for 1 year with a Demo account

Experience is the best teacher. Demo accounts give traders the opportunity to open trades using hypothetical money. This is an advantage because traders learn to strategize and experience different market trends. By using virtual money, traders will not be exposed to losses caused by not having experience with the market. The main limitation here is that profits cannot be liquidated. However, this is more important than the interesting experience of the wrong task because of the amateur approach.

Find the right Forex Broker
Forex brokers are companies that give you access to trading platforms. You cannot open or close trades without them. The number of forex brokers jumps every day. The fastest way to lose money in trading is to use a scam Forex Broker. This is why you need to find a reputable broker. Ever imagined depositing your money on a broker account and you immediately stopped hearing it? Leading foreign exchange brokers have strong customer service. In addition, you are given a user-friendly responsive platform. The security of your money must be guaranteed. The best way to find a reputable forex broker is to check with your country's forex regulator. Most legitimate brokers can be found registered in the body. Here are our top Forex brokers that we currently use.

Use leverage reasonably
There is no trading market that offers better leverage than forex trading. Leverage is money you borrow to use it to make investments. In forex trading, Forex Brokers offer large leverage to traders ... some even offer leverage as high as 1: 1000 which is crazy in any industry. If used properly, traders can realize the full benefits of forex trading. However, most traders join the market with minimal capital and hope to use leverage to open larger trading positions. What many have never noticed is that larger trading positions have a greater risk than smaller trading positions.

Proper record keeping
Every businessperson will tell you that recording is very important for any investment. Forex trading is no exception. With well-kept records, traders can easily identify where things have never worked well or where they worked perfectly. Such an example is important because you will know what to imitate in your future trade and what will fall.

Forex trading is investment, not gambling
The psychological state of a trader is very important. How you see it has an impact on the strategy you will use and how to do it. Traders need to see the forex market as an investment and not a gambling platform. The mentality associated with gambling is the get rich quick scheme. This has never happened to the forex market. Need calm and patience, for example, to see trends. In gambling games like soccer, it only takes 90 minutes to find out your destiny. The time frame also varies in forex, every day, every hour every five minutes and others. Sometimes a trend requires long-term injections to make a profit. Opening and closing trades in the short term will prove to be unprofitable in such cases. 


How Do You Not Lose Money in Forex?

Protect your money

Most traders will usually focus on making money. In fact, the first thing that really must come to mind is how not to lose money. It's like in Football, if no one can score against you, then how can you lose the game. In trading it's the same, your first priority is not to make money but to protect and minimize your losses. And for that, you need to learn how to cut your losses quickly by having an effective stop loss strategy.

The point

It takes a lot of discipline to succeed in forex trading. The best thing to do when you start is to trade the same strategy on a demo account for 1 full year. Do at least 1000 trades so that you understand and can see what you have done well and what you have done is wrong. This is the best way to learn how to trade. Choose a strategy and start practicing. Forget making money first. Study well first.

How to Choose a Forex Broker?
TopAsiaFx.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:

  • Is the Forex Broker regulated?
  • Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability. Competitive spreads and easy deposits/withdrawals are good indicators too.
  • Number of Currency Pairs offered: The variety of currency pairs on offer, as well as the quantity, should be considered (the more of both, the better).
  • Availability of Customer Service.
  • Quality of the Trading Platform: look for a platform that is easy to use, straightforward and offers a collection of technical and analytical tools to enhance your trading experience.
RankBroker NameSpecial OfferMinimum DepositSpreadUser ScoreMaximum LeverageRegulationStart Trading
1NordFX55% Deposit Bonus$100.0 Pips961:1000VFSCOpen Account 
2SGT MarketsRefer a friend $10$5000.0951:400IFSCOpen Account 
3OctaFX50% Deposit Bonus$1000.4941:500IBCOpen Account 
4ExnessNo $10.1931:2000FCA,CySEC,IBCOpen Account 
5IC MarketsNo $2000.0921:500ASICOpen Account 
6Tickmill$30 Welcome  Account$1000.0911:500FSA,FCAOpen Account 
7Axiory$50 Deposit Bonus$2000.0901:400IFSCOpen Account 
8Justforex100% Deposit Bonus$10.0891:3000IFSCOpen Account 
9ThinkMarketsNo $2500.4881:400ASIC,FCAOpen Account 
10XM$30 Welcome Account$50.0871:888ASIC,FCA,IFSCOpen Account 
11FBS$50 Welcome Account$10.0861:3000IFSCOpen Account 
12HotForexNo $50.0851:1000INCOpen Account 

Monday, January 21, 2019

What is the Japanese Candlestick Chart Pattern Analysis?


SGT Markets Forex Broker and CFD | sgtmarkets.com

Analyzing charts is one of the skills you need to learn as a forex trader. The most popular Japanese candlestick chart is for graph analysis. This almost lowers the West bar chart and graphs points and numbers to the history page. Even new modifications such as the range and bar chart of Renko have not yet gotten the level of popularity received by Japanese candlestick charts. Japanese candlestick charts give you more information about prices that have been made during certain trading periods. With its color code and easy-to-see patterns, you can see what's happening on the market quickly.

History of Japanese Candlestick Chart
As the name suggests, the Japanese candlestick chart is from Japan. 18th-century Japanese rice traders used it to track changes in rice prices. It was then imported into different market technical analyzes.

Japanese Candlestick
Japanese candlesticks clearly indicate open, low, high, and closed prices for a specified period of time. It has a body, lower axis/shadow, and upper axis. The body is between open prices and closing prices. The bottom and top axes are between open or closed prices and low or high prices, depending on the direction of the candle.

It has a color code that can be adjusted for the direction of the candle. Bear candle (down) is when the closing price is below the opening price. Bull candles (above) are when the closing price is above the open price. You can choose the color you want for directions but green or white is usually used for rose candles while red or black is used for candle drops.

Why is the Japanese Candlestick Chart? 
  • Japanese candlesticks are easier to interpret and easier for you to know graph analysis.
  • Candle holders are easier for your eyes because they immediately adapt to the information on the graph.
  • With the color code, you can easily see the direction of prices.
  • Candlestick patterns have cool names like hammer, doji, etc., which you can remember easily.
  • They show you potential market reversal points where prices have the potential to change from a downward trend to an uptrend and vice versa.

Japanese candlestick chart pattern
You will see many candlestick patterns. In general, they are classified as single candlestick patterns, two candlestick patterns, and three candlestick patterns.



Single candlestick pattern

Hammer
The hammer has a small body at its upper end, the bottom axis is very long and has little or no upper axis. This occurs after the downtrend/decline and has a bullish significance.

Hangman
Hangman has a small body at its upper end, the bottom axis is very long and has little or no upper axis. This happens after an uptrend/rally and has bearish implications.

Shooting star
Falling stars have a small body at the lower end, the upper axis is very long and there is little or no bottom axis. This happens after an uptrend/rally and has bearish significance.

Inverted hammer
The upside down hammer has a small body at its lower end, the upper axis is very long and there is little or no bottom axis. This occurs after the downtrend/decline and has a bullish significance.

Doji
Doji has little or no body because the price is closed almost where it is opened. This signifies doubt.

Marubozo
Spinning top has a small body in the middle with almost the same upper and lower axes. This signifies doubt.

Marubozo
Marubozo has a large body with little or no axis at both ends. It looks mostly on the strong trend market.

Two candlestick patterns

Bullish Engulfing
Large bullish candles actually consume the previous bearish candle in a downtrend. This has a bullish significance.

Bearish engulfing
Large bearish candle fully consumes the previous bullish candle. This happened after a prolonged uptrend/rally. This has a bearish significance.

Piercing
This happens after a strong downtrend. A series of bearish candles closed with a large bullish candle which opened below the previous candle low but was forced to close above the midpoint of the candle.

Dark cloud
That happens after a strong uptrend. A series of bullish candles closed with a large bearish candle that opened above the previous candle high but was forced to go down to close below the midpoint of the candle.

Tweezer
These are two consecutive candles with identical lows occurring after the downtrend or two consecutive candles with identical highs occur after the uptrend. They signal the final potential of the trend.

Harami
This can be seen after the up or downtrend. The current candle range is located fully within the range of the previous candle. This can indicate a potential price reversal.

Three candlestick patterns

Morning star
They are seen after an extended down/downtrend. The first candle is a large bearish candle, the second candle is a small candle with a gap from the first candle, and the third candle is a large bullish candle. They have bullish implications.

Evening star
They are seen after an extended uptrend/rally. The first candle is a large bullish candle, the second candle is a small candle with a gap from the first candle, and the third candle is a large bearish candle. They have bearish implications.

Morning doji sStar
They are like a morning star pattern except that the second candle is a doji candle.

Evening star doji
They are like a night star pattern except that the second candle is a doji candle.

Three white soldiers
They are three consecutive large bullish candles after moving down. They are mostly seen as a downward trend in retreat.

Three black crows 
They are three consecutive large bearish candles after rising. They are mostly seen as a pullback in the upward trend.

Another tool that can strengthen the analysis of your Japanese candlestick chart patterns 
  • Support / resistance zone
  • Fibonacci retracement and extension level
Important Japanese candlestick patterns that occur in important support/resistance zones or Fibonacci levels carry more significance. In conclusion, the analysis of the Japanese candlestick chart pattern has made it easier for you to do a price action analysis. At a glance, you can easily understand the message of price action if your eyes are trained.

How to Choose a Forex Broker?
TopAsiaFx.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:

  • Is the Forex Broker regulated?
  • Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability. Competitive spreads and easy deposits/withdrawals are good indicators too.
  • Number of Currency Pairs offered: The variety of currency pairs on offer, as well as the quantity, should be considered (the more of both, the better).
  • Availability of Customer Service.
  • Quality of the Trading Platform: look for a platform that is easy to use, straightforward and offers a collection of technical and analytical tools to enhance your trading experience.
RankBroker NameSpecial OfferMinimum DepositSpreadUser ScoreMaximum LeverageRegulationStart Trading
1NordFX55% Deposit Bonus$100.0 Pips961:1000VFSCOpen Account 
2SGT MarketsRefer a friend $10$5000.0951:400IFSCOpen Account 
3OctaFX50% Deposit Bonus$1000.4941:500IBCOpen Account 
4ExnessNo $10.1931:2000FCA,CySEC,IBCOpen Account 
5IC MarketsNo $2000.0921:500ASICOpen Account 
6Tickmill$30 Welcome  Account$1000.0911:500FSA,FCAOpen Account 
7Axiory$50 Deposit Bonus$2000.0901:400IFSCOpen Account 
8Justforex100% Deposit Bonus$10.0891:3000IFSCOpen Account 
9ThinkMarketsNo $2500.4881:400ASIC,FCAOpen Account 
10XM$30 Welcome Account$50.0871:888ASIC,FCA,IFSCOpen Account 
11FBS$50 Welcome Account$10.0861:3000IFSCOpen Account 
12HotForexNo $50.0851:1000INCOpen Account