• Online Trading with Binary.com

    Trade binary options on a wide range of web and mobile apps. Each comes with unique strengths that complement a variety of trading strategies. You get to open two account. Virtual Account:
    Practice account with replenishable USD 10,000 virtual credit.
    Real Account:
    Real-money accounts with your choice of fiat and crypto currency.
    CLICK the LINK below to create your binary account: www.binary.com REGISTER BINARY.COM ACCOUNT Please Open a Real account as soon as possible after your virtual account registration even if you are not ready to fund your account.


    Register Now



How to Start Forex Trading From Home

forex trading from home
For working and earning from home, Forex trading is one of the best options.This article will be the answer for those who want to know ‘ How to Start Forex Trading From Home’.
With the advent and the ever-growing ‘internet’, the jobs available for work from home are on the rise.
Starting Forex trading from home needs no heavy investments other than a computer with the internet connection.
You have to start with some money. But knowing the Forex market and the basic things about trading are more important than the investment.
The reasons for recommending you the Forex trading are many.
Let’s go through this mini tutorial, which guides you to the forex market.

What is Forex?

forex trading from home The exchange of money between the nations of the world is a continuous and ever going process.
Forex is a short form of foreign exchange.
In Forex, you are buying one currency by selling another currency. There is no physical buying of any goods.
The value of the currency of one country differs from another one.
The country with the strong economy has more value for its money than the countries which underperform in the economy.
The values of the currencies change continuously and currencies are at war with each other for the betterment of values.
The value of exchange depends on the stronger or weaker values of the currencies at the time of purchase.
There is no need to watch currencies of all the countries and watching prize movement of the major currencies is enough.
When compared with the stock market, there is no need for continuous learning about the newly listed companies.
Picking the right currency pairs and watching it closely is enough in forex trading.
As there is no need to worry about the 1000s of companies as you do in the stock market, this is very much suitable for the people who want to start forex trading from home.

The Currency Market

forex trading from home
As it is international, it is the biggest financial market in the world.
The largest banks, giant corporations, governments and central banks play the major role in the market. The big banks determine the exchange rate and speculators who look for money also play their part.
It’s 200 times bigger than the stock market and handles about $ 5 trillion per day.
Forex trading occurs not in a physical location and it is called as Over The Counter market.
It is a 24 hours market and works five days in a week.
London, Tokyo, New York and Singapore are important trading locations and the start and end of the trading hours are the important trading sessions.
Currencies of some major countries constitute more than 90% of the trade and the pairs of these countries are known as major pairs.
EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD and USD/CAD are the major currency pairs.
Currency pairs that don’t contain US dollar are called ‘Crosses’.
‘Currency Pairs’ which include the currency of an emerging economy are known as exotic pairs.
As it is international and vast, no individual can influence the market as it happened many times in stock markets

The Forex Terminologies

Starting the forex trade by knowing the basic things of forex is essential, even though you opt to start forex trading from home.

QUOTE

In Forex, currencies are always quoted in pairs, like EUR/USD, CAD/USD.
It is known as the quote and the currency on the left side of the slash is the base currency and the one on the right side is the quote currency.
forex trading from home

PIP

Pip is the basic unit of measurement in Forex.
The forex trader should know about pip as it is a basic unit of measurement.
In a trading session, if the value of EUR/USD moves from 1.2229to 1.2230, the rising of 0.0001 value USD is one PIP.
forex trading from home

BID

The bid is the price which is best for the brokers to buy the base currency in exchange for the quote currency.
forex trading from home

ASK

The Ask price is the best available price to sell the base currency in the market in an exchange for the quote currency. Ask price is also known as Offer Price.

LONG

When the buyer waits to see the rise in the price of the base currency, he would buy it when the price starts to rise.
The buying of the base currency to sell it for a still higher price is known as going long.

SHORT

Selling the base currency when the price starts to fall, in view of buying at a still lower price is known as going short.

LOT

Lot denotes a size of the unit in which currency trading occurs in forex. The standard size is 100,000 units and for the convenience of trading mini, micro and nano lots are available.
forex trading from home

MARGIN

Setting aside a minimum amount as a deposit with the broker is known as margin. It varies with the currency pair you choose, its price and the lot size.

LEVERAGE

It is a facility offered by the brokers to trade a position of a larger amount with the certain amount taken as margin. It helps the trader to take risks if he is sure about the profits and wants to take a position.
(A detailed discussion of leverage is available here)
forex trading from home
Add caption

The Safeguards

You have to know about market order, pending order, sell stop, buy stop, sell limit, buy limit, stop loss and take profit. These are all real safeguards and when you use it properly, they guard you like airbags which open in milliseconds in case of accidents.
Though a lot of national and international factors affect the price movements of the forex market, a lot of analysis and tools are available to guide you.
The continuous and unexpected movements are the nature of the electrifying forex market and making profits by knowing the market is the real game.
Tons of materials and guides are available and it is perfectly all right to start forex trading from home.
You may use the free materials or the paid tutor service to acquire the basic knowledge. It’ll help you to start forex trading from home.

The Advantages of the forex trading

The market is enormous in size. The price movement is quick and the market is highly volatile. What makes the forex more attractive is this liquidity. Initially, you can practice trading by using the demo account, which exactly resembles the actual trading. You won’t lose your money and will know the trading by yourself.
A lot of free stuff is available online to learn the trade.
As it is international and huge, no one can influence the market. It is free of manipulations.
It’s a 24-hour market and the market never sleeps. No need to wait for the starting bell as in stock trading.
The transaction cost is low and the retail transaction cost is less than 0.1% under normal market conditions.
No fixed lot size is required to start or do the trading. Very small amount of money is enough to start the trading.
The absence of commissions and middlemen in Forex Trading is a worthy factor to be appreciated.
Leverage helps the trader to keep the risk capital to a minimum level and at the same time, he can make nice profits also.
If you are confused whether to follow technical analysis or fundamental analysis, read this article.

You should accept the fact that Forex is not a ‘get rich quick’ scheme. Only patience and practice pave the way to success
Don’t meddle with your real currency and using one or two free demo accounts before involving real money is the right way to start trading.
Analyze the news feeds related to Forex. It would help in a better way.
You should develop a good trading practice. Patience and steadfast personality are the winning traits in the Forex market
Keep a record of all things as your own journal. It is a good trading practice, which many successful traders do.
Initially, it would be good for you to concentrate on one major pair only.

Now let us conclude

Observation, learning, patience, practice and decision making are the inherent qualities which make good forex trader.
Acquiring these qualities doesn’t warrant any professional setup.
The passion with which you work definitely pays and there is no need to equivocate on the question ‘ How to start forex trading from home’.
It’s really simple and easy and for any queries like registration, brokerage etc wetalktrade is here to help you.
If you are confused on which blogs to follow for forex trading, go through our article 9 Best Forex Trading Blogs To Follow
January 17, 2019   Posted by Peace Patrick in with No comments
Read More
The best Doji strategy can help you isolate the trade with a very simple Japanese candlestick pattern. As with most things, not all price patterns are created equal and the Doji candlestick has its own features. This will be a great introduction into different types of Doji, but also, a great candlestick pattern strategy that will help you trade as fast as the market changes.
If this is your first time on our website, our team at Trading Strategy Guides welcomes you. Make sure you hit the subscribe button, so you get your Free Trading Strategy every week directly into your email box.
The Doji strategy makes use of a very small Japanese candlestick pattern that has a similar appearance of a plus sign or a cross. That’s the reason why sometimes it’s referred to as a Doji Star. If you want a reliable Japanese candlestick strategy, you’ll need a more sophisticated trading approach. Trading Doji candlestick as a stand-alone trigger signal is a bad idea.
You need a well-detailed trading plan to face the smart money aka hedge fund managers and the institutional investors. As a retail trader you need to step up your game and we’re here to facilitate that road for you.
Moving forward, you’re going to learn the different types of Doji patterns, what is a Doji candlestick and how they can help you make more informed trading decisions.

Doji Candlestick Definition

What are Doji candlesticks?
In candlestick chart trading, the Doji pattern is one of the most visible reversal signals in the market. In essence, Doji is a key trend reversal pattern. However, it can also signal a pause in the trend. It all depends on the location and where it’s positioned within the trend.
The Doji bar pattern carries a level of indecision in the market. From a psychological point of view, the Doji pattern displays a tug-of-war between buyers and sellers.
How to recognize a Doji candle?
It’s very simple. Look for any candlesticks that have these two characteristics:
  • Very small body, centered between the upper and lower wicks.
  • And longer upper and lower wicks.

The main feature of a Doji bar is that the closing price is the same or very close to the opening price. During the time period selected, when a Doji bar is formed, the price will move above and below the opening price, but by the end of the selected time period it closes near the opening price.
The end result of this battle is a standoff. Neither the bulls nor the bears managed to gain control of the market.
Note #1: In technical analysis, the Doji candle is a neutral pattern if it’s used as a stand-alone candlestick.
However, if the Doji candle it’s used in conjunction with the preceding price, we can establish a bullish or bearish bias.

In technical analysis, the Doji pattern, probably is the most frequent chart pattern. This is the reason why, you need further confirmations before to trade this technical pattern. Trading it alone, it’s a very bad idea, unless you really want to blow your account in no time.
Let’s now see how many different types of Japanese Doji patterns are out there.
See below:

Types of Doji

This is an introduction to types of Doji candlestick patterns that you can encounter in the markets. In the field of technical analysis, we can distinguish four types of Doji patterns:
  • Doji Candlestick or Neutral Doji – the upper and lower wicks or shadows are equal and shorter.
  • Gravestone Doji – both the open price and closing price are near the bottom of the shadow. The main feature of the Gravestone Doji is the long upper wick and is a common reversal pattern.
  • Dragonfly Doji – is the opposite of a Gravestone Doji thus it’s found at the end of a bearish trend. In this case, both the open and closing prices are near the top of the wick. The main feature of the Dragonfly Doji is the long lower wick and is a common reversal pattern.
  • Long-legged Doji – the upper and lower shadows are very long and the body is very small. The long-legged Doji shows that the bull and bear battle has intensified.

The above graph represents the ideal shape of a Doji bar. However, in real chart example, they can take many different forms and shapes as long as the closing price is very close to the opening price.
See below:




Let’s now learn how to trade the Doji candlestick pattern the right way.
See below:

Best Doji Strategy

The best Doji strategy is a hit and run trading strategy that will give you quick profits. We have a very unique approach when trading this very little candlestick pattern. We’re going to reveal our secret on how to trade Doji Star candlestick.
A lot of the problems when trading the Doji, especially the neutral Doji, are that you’ll get many whipsaws. This often leads to prematurely being stopped out of your trades.
A whipsaw pattern involves price moving chaotically above and below a certain key support and resistance level. Whipsaw patterns are also referred to as false breakouts. We have developed our Japanese Doji trading strategy around this price feature.


What we did is to use to our own advantage the whipsaw pattern in combination with the Doji candle and trend analysis. The whole Japanese candlestick strategy is based on our preferred time frame, the daily chart.
The only technical tool we would need for the Doji trading strategy is a 14-period simple moving average plotted on the daily time frame.
Now, before we go any further, we always recommend taking a piece of paper and a pen and note down the rules of this Doji strategy.
For this article, we’re going to look at the buy side.

Step #1: For long trades we need a steady move upward, above the 14 –day MA
Even though most traders used this Japanese candlestick pattern as a reversal pattern, we have found out through some testing that the Doji candle performs best as a continuation pattern. So the first step we need to undertake is to determine the trend direction.
When we see the price moving steady upwards above the 14-day MA we have enough reasons to believe an uptrend is in progress.


Step #2: Look for a Doji Candlestick to develop near the 14-day MA and inside the previous candle price range.
Next, there are two more conditions that need to be satisfied for a valid trade setup. The first thing to consider is the location of the candlestick setup. We need the Doji candle to develop near the 14-period MA.
Secondly, we need the Doji candle to be contained inside the price range of the previous pattern. Basically, this will lead to the formation of another pattern called an inside bar.
So, we have a pattern within a pattern.


Step #3: Whipsaw pattern: Look for a false breakout below the previous two-bar pattern. Go long once we recover and break above the Doji candle opening price
Now, we’re going to bring to light how we use the whipsaw pattern to our advantage.
The Doji candles are very well-known candlestick patterns for producing a lot of false breakouts. We also know that a break of a level against the prevailing trend has fewer chances to success.
So, by putting all these pieces of the puzzle together we were able to develop one of the best Doji strategies, which eliminate the scenario where your stop loss is prematurely triggered.





After the false breakout, we wait for the price to recover and we only buy once we get a close above the bullish Doji candle opening price.

Note #2: We want everything to happen within the first candle after the Doji bar. So the false breakout and our entry should be immediately on the next bar following the Doji candlestick.
Let’s now determine an appropriate place to hide our protective stop loss and a proper way to exit our trade.
See below:

Step #4: Place protective SL below the current daily candle low. Take profit once we break above the inside bar pattern.
We aren’t going to stay in this trade for a very long period of time. That’s the reason why we exit our profitable trade once we break above the inside bar pattern. When it comes to placing our protective stop loss, we can hide it below the low of the candle that triggered our entry.



Conclusion – Best Doji Strategy

Candlestick patterns like Doji can be very informative if we want to get a better read of the constant battle that goes between the buyers and the sellers. But, bullish and bearish Doji candlesticks work best when they are used in combination with other technical tools and in conjunction with the trend.
In general, the more sophisticated and elaborated is your Doji trading strategy, the more likely you’re to make informed trading decisions. Even though we like to trade bullish and bearish Doji as continuation patterns, you can still try to use them as a reversal pattern. But, make sure you back test what you’re doing if you don’t want to end up in a position where your account balance gets damaged.
Thank you for reading!
Feel free to leave any comments below, we do read them all and will respond.
Also, please give this strategy a 5 star if you enjoyed it!
January 17, 2019   Posted by Peace Patrick in with 165 comments
Read More

Knowing when to enter a trade and when to avoid is perhaps 50% of the equation in getting binary options trading right. The rest comes down to how well you control your emotions both when you win and especially when you lose. Remember, your biggest challenge in binary options will be ‘you’ and controlling ‘you’.
In this session we are going to explore two things; the brain chemistry behind binary options trading and certain human performance limitations that you need to be aware of in order to navigate binary options safely and secondly, suggested binary options money management advice.

The Brain Chemistry

There’s a lot going on in your brain when you’re trading but believe it or not, a lot of your trading decisions are governed by emotions. This can be a good thing up to a certain degree but very dangerous after a certain point. You see the brain is made of three main regions; the neocortex which processes rational thought, the limbic system which processes emotions and the reptilian brain, which processes very basic things like breathing, appetite, fear and fight or flight responses.
Decisions such as analyzing a chart, the current and future risks and deciding when to enter your trade and which direction to take are all analytical tasks; tasks governed by your neocortex. When you win, you experience a feeling of happiness and increased levels of confidence. The more you win, the better you feel and your levels of confidence increase as well. This is because small quantities of dopamine and adrenaline, both which are hormones are released in your brain. Certain levels of emotional happiness and confidence are important for you, when trading. However, an overdose of dopamine and adrenaline can result in overconfidence which doesn’t allow your brain to correctly process the risks associated with changing market conditions. This is when losses or strings of losses tend to occur.

Now when you lose, a different hormone, known as cortisol, is released in your brain. This dulls the ability of your neocortex, the portion that governs rational decisions, to intervene and your amygdala, the portion in your brain that governs emotional decisions, tends to takeover your trading. This is known as an amygdala hijack. By this point, your money management system becomes less of a priority and dangerous habits such as over trading or revenge trading kick in. By this point, it is normally too late and you may cause significant damage to your binary options account. This is why it is so important to ensure you do not over trade, because as we have shown you, winning too much can be as dangerous as losing too much.

Binary Options Money Management Tips and Guidelines

For better binary options money management, we strongly recommend focusing on a few trade setups per day, in the range of 3-5 wins per day or 2 losses and should you hit your stop loss, we recommend you log out for the session and return a few hours later when market conditions have changed.
Practices such as martingaling trading strategy whereby you keep doubling up your trade amounts when you are in losses, do not work longer term, because the market can remain trending against you, longer than you can remain solvent.
In terms of determining the appropriate trade size, you can use fixed trade sizes for lower risk and compound, percentage of equity based trade sizes for exponential returns over time, albeit carrying slightly higher risk.
We strongly suggest that no single trade should account for anything more than 3% of your balance if your account is under $1,000 and if greater, we suggest no trade accounting for more than between 0.5%-1% of total account size. In general, because of the high payouts binary options offer, we do not suggest large account sizes in the thousands of dollars as they simply are not required to generate substantial return on your account over time.
Equally we also do not advise exceptionally small accounts under $100 because the psychological impact of having to work hard to identify, analyze, enter and win trades but not be rewarded with a commensurate level of income can be emotionally draining.

Trade Splitting

We will next discuss the process of splitting. Because you can win or lose a trade by just 1 micro pip in binary options, trade timing and getting a good entry price are of paramount importance for binary options money management. Often you may get your trade direction right, but lose the trade because you got just a slightly bad entry.

This is when trade splitting binary options strategy can come in handy. Say for example, you are looking to enter a $25.00 trade at a particular price. Instead of doing that, you could enter a $10.00 trade at that price and then wait for the price to move against you, thereby offering you a better entry on a 2nd potential trade, known as a split, and this one you would enter with $15.00, so that the total position risked is just $25.00, identical to what you would have taken earlier, only that you now have a better average price, so you may lose the original, smaller trade, but win the 2nd larger trade, thereby making a modest profit.

In certain instances, you may end up winning both splits, thereby achieving your original outcome with the $25.00 trade, but with a better average entry price. In both instances, whether you choose to split or not, your downside is still $25.00. Note that splitting is useful when your entry accuracy is not precise. However as you become a better trader, over time you will not need to split and splitting could actually reduce your win rate percentage potential.
Trading the binary options market without proper safeguards can be like skydiving without a parachute. Anyone serious enough about binary option trading would do well to incorporate above binary options money management techniques to their binary option trading strategies to protect their portfolio.
January 17, 2019   Posted by Peace Patrick in with 279 comments
Read More

If you have ever done any research into Forex, you have no doubt heard a lot of different stories. These are all truths and realities that have to be considered and analyzed to the best of your ability but there are plenty of myths floating around as well. In order to help you get started as quickly and easily as possible, you should take a bit of time to really review and study all of your options and choices as well as learn what is really going on within the Forex market.

You first realization is that success rests firmly upon your own hands. If you do not have any success, it will be your own fault. Even if you work with a broker who makes trades for you, the failure is all yours. The success is all yours as well but of course comes across much nicer than a failure. Most people look for someone else to make responsible when things go wrong, but this is just not how it works.

You should also be very careful to realize that not everyone is going to be advanced in the markets. Some people have great difficulty coming up with the way that the market works. This is normal and tends to happen, especially in the beginning because of all of the choices that are offered. You need to ensure that you are keeping your options open but still remember that all of those options are a bit complicated and certainly none of them are easy.
You need to also do your research before you start trading. This will help you to form the correct opinions about each potential transaction. Not all investors are created equally and because of this there are some who will constantly run around freaking out over each small change and there are others who are very laid back. Most newcomers tend to be worried, which is something that will likely happen regardless of what you say or do before that first trade.

Use the technical tools that are available. Any charts, graphs and other materials should be closely studied before you take the time to get started on your investment to ensure that they are accurate and offer all of the best information. If the information is incorrect it will do you no good to take that information to use for the basis of your trades. You need information that is correct without having to sell a kidney to receive it.

Selecting a good broker is also important when you are getting started. As an investor, you might not know anything about the Forex market initially and will require someone who is smart to help you set it up. This is where a broker comes into play; they are reasonably priced and great at helping to answer all of the questions that you might have in regards to the Forex market. Always feel free to shoot the broker you select a quick message. You have the ability to use their experience to your benefit and this is going to be a huge help as you are attempting to get started investing in Forex all on your own. Careful selection of brokers is important but certainly not impossible, so take your time to select the right broker for all of your needs.
January 09, 2019   Posted by Peace Patrick in with No comments
Read More

The Forex market is one of the world’s largest financial markets, and the amount traded online is on a continuous growing. There is not a central market for the trading market, so traders have to collaborate with a broker, because they need these platforms to help them conduct their activity. Because the domain is very popular, every day a new broker appears, and this might be overwhelming for traders, because they have to be sure that, they work with the best forex brokers, if they want to achieve success. However, this also brings them huge advantages, because the competition between brokers is so high that they offer extra advantages for their traders. This competition brings a better offering. Traders can choose from multiple brokers, but they have to be sure that they select the right broker and account.


When choosing a broker the trader has to be sure that it is a reputable one. Every country has organizations that develop programs, rules and services to protect their citizens and the integrity of the market, therefore reliable brokers have to be members of those associations. When working with the top forex broker, traders can be sure, that they are protected from manipulation, fraud and abusive practices. Every broker has different account offerings, which help traders select the one that better suits their needs. Forex traders have access to many leverage amounts, depending on the platform with which they do their activity, and works in their favor. The best forex trading platform always state their spreads and commissions, which make them trustworthy. The fact is that they make money through these spreads and commissions, and this is the reason they charge a different percentage for the ask and bid price of the forex pair, for example.
For some traders the best brokers are the ones that offer them the smallest initial deposit, because they want to invest as little as they can when they are beginners. Many brokers offer for this type of clients, demo, mini or standard accounts, according to the initial deposit. Also, trustworthy brokers have agreeable funding policies and account withdrawal, which allow their customers to know when they are able to withdrawal their money. Some platforms charge a fee for this service, but others offer it free. Many of these platforms offer customer service 24/5, because this market functions nonstop. This aspect makes many people collaborating with brokers that have customers service, because they find ease to speak with a live person, when they meet difficulties in the process. The last aspect that interest users, when they decide with what broker they will invest is the trading platform, which is the investor’s portal to the market. Our recommended brokers offer visually pleasing and easy to use platform. Choosing the right broker, means achieving success in a fast manner.
January 09, 2019   Posted by Peace Patrick in with No comments
Read More

With the Forex market capturing the attention of people all around the world it is very important that you learn a few key tips to help you ensure that you are properly on your way towards getting the results that you are after.  Simply jumping into the market is not likely to give you the results desired and instead will leave you frustrated.  Following these five simple tips will help you to ensure you get the best results possible from all of your Forex transactions.

Stick to pairs – This is a golden rule of thumb.  While of course you can trade the currencies across each other without penalty, it is a wise idea to limit the currencies that you deal with.  Even better to restrict them to pairs that you can easily compare to each other.  Of course you can compare the USD to all of the other currencies if you are looking to engage in a new transaction, but if you are considering all of the currency choices available it might take you hours to pick one which could still turn wrong.  It is much better instead to choose a pair that you always use together.  For example, you could do pairs involving the USD and the GBP with another pair consisting of CAD and AUD.  By always trading within these pairs, you are going to significantly decrease the amount of information you need to review for each trade.

Never make a trade without research – This should be an easy tip to follow.  If you are a new investor, this is extremely important because it will help you to learn the market, if you are a seasoned investor it will help you to keep from becoming overconfident.  Decisions in the market should never be made unless you are basing them on actual proper research.  Simply using a gut feeling is not acceptable and will result in losses.  Taking a couple of minutes for some quick research is not that difficult and if you are trading in pairs as mentioned in the previous tip you will find that it is quite easy and fast to do.

Plan your strategy out – If you were going to build a house and expect it to stand you would do plenty of research to get ready then you would spend a bit of time trying to ensure that you have all of the materials, knowledge and people necessary to be successful.  This is a strategy for building a house and in a similar manner; you need a strategy for Forex.  Diving in is never a good idea for anything and Forex is certainly not any different.  Finding true success means having a specific goal in mind, what do you really want from the market?  Are you looking to buy a car?  Are you looking to fund your retirement?  Are you even looking to become the richest person in the world?  You need to know where you are trying to go so that you can set up a strategy that you stick to without fail.

While Forex might look impossible to succeed with, following these three simple tips will help you to find the success that you are looking for without leaving your anxious or stressed.  A few minutes following each tip when you first start trading will save a lot of hassle, and for those already trading a review to ensure you follow these suggestions will help you to improve your overall experience.
January 09, 2019   Posted by Peace Patrick in with No comments
Read More

Forex trading is an industry with a lot of liquidity behind it.
With over $5 trillion being traded on forex exchanges every single day, serious money is flowing as traders like yourself look to make an income.
But it isn’t without risk. In fact, the average forex trader is actually bound to lose money rather than earn it.
But with the right forex strategies in place, even a beginner can try their luck in these fast-paced markets. We’re going to help by giving you the top 5 forex strategies to help you get started.

Scalping

Get in, get out. That’s the purpose of scalp trades, and it’s one of the forex strategies best suited for new traders.
You’re making trades that only last perhaps a few minutes to skim profit off a moving market by buying/selling a currency and then doing the closing the trade a few pips above/below.
You can set stop losses to automatically close your trade if it goes the other way while giving you the practice to experiment.

Day Trading

Day trades target bigger moves in the market than scalping (although scalping is, technically, still a day trade, just in a smaller timeframe). Day trades are often left open in the markets much longer, but close by the end of the day, hence the name.
Because of the movement possible over a longer period of time – several tens of pips – you could make much bigger profits as a day trader. Of course, the flip side is that you could also make far bigger losses, too.

Swing Trading

Swing trading involves a longer time frame – potentially over several days. By looking at trends in the market, you can analyse when the market turns the other way and profit from the result.
With trades open for several days, your money is going to be on the market for some time, so you have to be calm if you find the market turning away from where you hoped.
It’s a useful strategy for those who don’t have the time to monitor the markets constantly.

Positional Trading

Positional traders take advantage of weekly or monthly trends in the market, which is perfect for new traders who are looking to take a much more hands-off approach.
If you’re expecting the market to head downwards, take advantage of it. Set your trade up and watch the market go up (or down) and profit from the results over a much longer period of time.
But be careful, because the market can just as easily turn against you.

Momentum Trading

Quick trigger finger traders are probably more suited to momentum trading, closing or opening trades when a push in the market forces it to goes up or down.
Momentum traders use these short-term trends to make successful trades in markets that are ready to boost upwards or shoot downwards.
If you’re looking for a software to help you judge when you should be making successful trades like these, why not take a look at our list of paid forex indicator tools?

Try Out These Forex Strategies Today

Forex trading isn’t for the faint-hearted.
You need to have a careful risk management strategy – greed won’t help you here, so be sure that any losses you make are well within your tolerances. Keep the rules of your strategy in mind, and don’t let your trades be overruled by emotion.
Looking for more advice? Download one of our forex trading courses for more advanced help and information to help you become a more skilled trader.
January 09, 2019   Posted by Peace Patrick in with 3 comments
Read More


Do you know what the Forex market is? What about Forex indicators? If not, you’re in the right place to learn more.
The foreign exchange market, known as Forex, is a global market for the trading of currencies. On average, over $5 trillion U.S. dollars are traded each day in the Forex market. This makes the Forex 27 times larger than the stock market.
Those who want to make money trading on the Forex market rely on a variety of technical indicators to guide them in their trades.
But do you know which Forex indicators are best to use?
We’re here to tell you what the most important Forex indicators are for 2018.

Top Forex Indicators for 2018

There are many Forex technical indicators you could use. Here are the ones you should pay attention to.

1. Simple Moving Average

The simple moving average (SMA) indicator tells you the average price for a given period. Using this indicator will allow you to better see trends in Forex trading.
It is important to note the SMA is a lagging indicator which looks at prices in the past. This means it’s an ideal indicator to confirm market trends and not to find trends.
Typically, the SMA will look at both short-term and long-term average prices. An uptrend is signaled when the long-term price average moves above the short-term average.

2. MACD Indicator

The Moving Average Convergence/Divergence indicator (MACD) measures Forex momentum to show trends.
Using this indicator will allow you to see the relationship between two different time periods. The most common MACD indicator looks at the 26-day exponential moving average (EMA) and the 12-day one.
The MACD subtracts the 26 EMA from the 12-day one and plots the result as a signal line.
When the MACD line moves below the signal line it’s a sell signal. If the MACD moves above the signal line, it’s a buy signal.

3. Bollinger Band

Bollinger bands are a way to measure volatility in the Forex market. They are useful for identifying the start of a new trend.
The Bollinger band looks at price deviation from the simple moving average. Generally, the bands cover 2 to 5 standard deviations above and below the SMA.
If market volatility is low, the bands will be close together. When volatility increases, the bands will widen.

4. Average Directional Index

The Average Directional Index, or ADX, is a gauge of how strong a trend is.
It will not show the direction of the trend but will tell you when the price is trending strongly. This will allow you to see when a trend is weakening indicating you should think about exiting the trade.
This is one of the most widely used Forex technical indicators.

5. Relative Strength Index

The Relative Strength Index, or RSI, is a way to identify overbought and oversold signals.
It compares the magnitude of recent gains and losses over a given period to find the speed of price movements.
A high RSI is an indication of a market being overbought and at risk of a price reversal. Likewise, a low RSI value suggests prices might move higher.

Using Forex Indicators That Work

These Forex indicators can help you successfully trade the Forex market.
If you’re going to trade on the Forex market, you’ll want to check out our courses so you can learn tips and strategies to help you succeed.
Whether you’re a beginner looking for simple tips and tricks to Forex trading or a seasoned pro, we’re here to help.
Be sure to check our website often for in-depth analysis and news about the Forex market.
January 09, 2019   Posted by Peace Patrick in with No comments
Read More

Let’s face it: Forex trading isn’t easy.
There’s a reason why 96 percent of Forex traders end up losing money.
But that doesn’t mean you shouldn’t give it a shot. You just need to prepare before diving head first into an unfamiliar marketplace.
If you’ve been dabbling in Forex trading and are thinking about getting serious, you need this guide. A successful Forex strategy requires research, patience, and discipline.
Don’t become another statistic. Learn how to be an extremely successful Forex trader with these 5 pro tips.

1. Practice Makes Perfect

No Forex trader rises to the top overnight. You need to practice before entering the big game.
There’s no shortage of tools available to help prepare you for a career in Forex trading. There are books, lectures, and online courses you can take to educate yourself.
You should also make sure to closely evaluate your skill set prior to trading. Are you knowledgeable in one area of the market? Have you traded before?
Asking yourself these difficult questions and taking extra time to prepare might not sound fun. But it’s far better than the alternative of entering a volatile marketplace unprepared.

2. Strategize

Now that you’ve researched Forex trading opportunities, it’s time to formulate your strategy.
There are countless approaches to take advantage of. Try a few strategies before settling on your favorite. Evaluate which method has the highest success rate before making a decision.
Your methodology will make a big difference in your overall success. Through trial and error, you can find the right method for your trading style.

3. Mark Your Calendar

How can you set yourself up for success for long-term Forex trading? It all comes down to your timeframe.
Timeframe refers to your trading schedule. Forex traders don’t live and die by the same schedule. They can choose a schedule and calendar that most fits their needs.
You can choose a five-minute chart. This consists of frequent trades and no overnight risk.
You can also choose a weekly chart. This leaves you vulnerable to overnight risks and daily losses but has the potential for higher gains.
There are many different timeframes to choose from. Stick to one timeframe and make sure it fits your lifestyle and risk assessment.

4. Risk Control

It’s no secret that Forex trading has risks. There’s no way to avoid taking losses as a Forex trader.
However, there are ways to mitigate your risk. Practice risk control to minimize your losses.
How can you do that? Set your risk at 1 percent or less for each trade. That means if you have $1,000 in an account you shouldn’t lose more than $10 on individual trades. This simple rule can save you from suffering bad losses.

5. Trading Behavior

We all have different personalities. Some traders like to be more aggressive whereas others are happy with being conservative.
Having your own trading personality is okay. But you need to exhibit certain behaviors to keep yourself afloat.
First and foremost, Forex traders need to be patient. You need to wait until the right time to make a trade.
You should also have discipline and stick to your trading methodology. Don’t make irrational decisions out of greed. You can occasionally get away with greedy decisions, but in the end, it’s best to play it safe.

Forex Trader Advice

Are you looking to become a Forex trader? We can help.
We have courses, books, articles, and reviews to help you learn all you need to know. Check out our Forex tools to start your journey today! If you have any question, feel free to reach out.
January 09, 2019   Posted by Peace Patrick in with No comments
Read More



A good forex guideline can help you do well in the market, especially if you are new. A forex guideline will ensure that you don’t end up in the red and are able to get a good return for your time and effort.
Forex trading can be a profitable, even a high earning career path for people who plan and execute their trades smartly.

Have a Plan

The most important tip in our forex guideline is to do your research. Forex trading is not and should not be taken as blind gambling. Before investing even a single penny, have a plan about what you are trying to achieve in the market. Review where you are right now, where you will be in about one year’s time and how you will get there, before starting your forex trades.

Research the Market

The second suggestion in our forex guideline is to examine the different currency markets and currency pair fluctuations for some time before you start trading. Look at the trends and try to understand where the market is moving, how events trigger trades and where the equilibrium lies for different currency pairs.

Pick Your Focus Currencies

There are hundreds of possible currency combinations, even for a dozen or so currencies. You cannot and should not aim to cover all of them in your trades. For a start, pick 3 or 4 currencies and research their patterns to understand where you can make a profit. The research should form the basis of which currencies you are going to trade in.

Use Demo Accounts as a Forex Guideline

Many forex trading platforms offer demo accounts for practice. You don’t need to put actual money into the account but get mock currency that can be used to make currency trades at actual values in the market. The demo account also takes platform fee into account to give you an accurate picture of how much you will make. Using these accounts for practice will give you an indication of how effective you can be as a forex trader.

Learn the Statistical Tools

There are a variety of analytical tools that can be used as forex guidelines to identify market patterns. Experts have also developed A.I. models that are becoming quite good at predicting currency movement and forecasting. Learning how to use these tools can be very useful for getting good Forex trading outcomes.

Summary

Forex trading is both an art and a science. A successful trader would do well to follow a proper forex guideline to make good profits.
For the scientist, there are clear patterns and trends that can be understood with experience and analytical tools. Being aware of economic conditions and current affairs can give you a good indication of which way markets will turn. This knowledge can be used to make good, profitable forex trades.
However, there is also a level of randomness in the market. There will be times when the best of tools will fail you and the market will behave in unpredictable ways and you will need to use your imagination to avert losses. A good forex trader uses both their intuition and analytical ability to be successful in the market.
January 09, 2019   Posted by Peace Patrick in with No comments
Read More

Sometimes referred to the Bullish/Bearish Strategy, the Trend Strategy involves reviewing charts for the asset you want to trade and determining if it has an upward, downward or changeable trend. This is a basic strategy and suitable for novice traders and often used by expert traders.






If the asset has an upward trend place a CALL, if the asset has a downward trend place a PUT and if it has a changeable trend it is best avoided as there is no indication as to which way the asset is likely to move. The Trend Strategy is that simple.

If the trend is flat, that is no significant upward or downward movement, the trader may decide to use the more advanced NO TOUCH option method to take advantage of the fact that prices of the asset are trading within a narrow range.




If the asset has an upward trend place a CALL, if the asset has a downward trend place a PUT and if it has a changeable trend it is best avoided as there is no indication as to which way the asset is likely to move. The Trend Strategy is that simple.
If the trend is flat, that is no significant upward or downward movement, the trader may decide to use the more advanced NO TOUCH option method to take advantage of the fact that prices of the asset are trading within a narrow range.

December 06, 2018   Posted by Peace Patrick in with No comments
Read More

The Reversal Strategy is a more advanced strategy based on the concept that if an asset moves in one direction it is unlikely to stay at a peak but return to its original position or close to it. In this case a trader would place a CALL or PUT, depending on which way the asset moves, on a suddenly changing asset price knowing that it will return close to the original price once the peak is reached.

Notice how the overall trend is changeable but it peaked high, dropped to a low peak and returned to a stabilised price again.
The secret to success is identifying when the asset has reached its peak. Knowing why it changed and using fundamental and technical analysis are key to identifying when the asset will peak and return to a stabilised price.
December 06, 2018   Posted by Peace Patrick in with No comments
Read More
The Pinocchio Strategy is another common and popular strategy for trading Binary Options. A candle bar that has a very small body and a very long wick is known as a Pinocchio bar, or a Pin bar. Just as Pinocchio lied to us as his nose got longer, the candle bar lies to us as the wick gets longer.

A long wick means that the asset price is going in one direction and increases the likelihood that it will go in the other direction very soon. The market is lying to us so we trade against it. When the wick is down we place a CALL and when it is up we place a PUT.
December 06, 2018   Posted by Peace Patrick in with No comments
Read More

Trading Binary Options boils down to simply choosing if an asset will finish higher or lower than when the trade started. You must decide whether to choose PUT or Call. How do you decide? We have included some helpful binary options tips that will help you make that all important decision. While these tips are not a guarantee of instant success they will help you fine tune your trading skills and highlight some of the common pit falls.
There are many ways to succeed as a Binary Options Trader and these 10 Binary Options Trading Tips will help you make a good start to your trading career or point out some bad habits if you already have some trading experience.

1. Understand the Binary Options Market and Trading Tools

Don’t just jump in and randomly choose PUT or Call. This is simply gambling and at best you will win some trades by pure chance. Instead learn all you can about how this market works and the products that are available from brokers.

2. Choose a Reputable Binary Options Broker

Look for a broker with a wide choice of assets and a high rate of payout. If you have a preference for a particular market check that your chosen broker offers trades on this.  Choose a broker with a demo system so that you can fully check out their platform and get comfortable with their interface before making any live trades. There are many new brokers appearing on the market every day, while they may be great brokers they will be largely unproven and will not yet have gained a reputation (good or bad). It is advised to go with the established and proven brokers who have had time to prove themselves.

3. Learn How to Trade

This may seem obvious but many new traders get so caught up in the exciting prospect of earning large amounts of money that they skip this step. They jump in without fully understanding how to trade and lose their funds. It is important to take advantage of the broker’s demo system and practice trading and check out any strategies that you may consider using when live trading. In fact many experienced traders use demo systems to check new strategies and techniques.

4. Research the Markets and Implement a Strategy

Successful traders research their assets well, keeping up to date with any news that is likely to affect their asset price and keep an eye on an Economic Calendar, checking what events are coming up that may cause the asset price to rise or fall. In addition, they use proven strategies that work for them. Trading without research or reliable binary options trading strategy is a sure way to lose more trades than you win and your broker will love you!

5. Choose Assets Wisely

Pick one of the more common assets available to trade. There will be much analysis and news available for the more common assets and they tend to be discussed in-depth in forums and other online sources. Avoid the less common assets unless it is one that you already are familiar with and comfortable making predictions on its movements.

6. Practice on a Demo System

As already stated ask for access to the brokers demo system and check that it is a fully interactive system and not just a series of slides and graphics. Most brokers will insist that you make a deposit before allowing access to their demo systems but if you are serious about trading you will be making a deposit when you get started so this should not be an issue for you.  Give yourself time to get to know the system fully and to practice trading and using your strategy.

7. Manage Your Money and Your Risks

There is a saying “Don’t put all your eggs in one basket” and this is true for traders too. You should never risk too much of your capital on one trade, many traders never risk more than 5% of their capital on a single trade. If it goes wrong they will still have a sizable portion of their capital available to continue and can recover quickly.

8. Consider trading One-Hour Binary Options

Avoid very long-term Binary Options until you are more experienced.  It is difficult to accurately predict where an asset price will be in one month. Instead trade One-Hour Options where you can more accurately predict the closing asset price from analysis, research, upcoming economic events and news stories. In addition, this can be a quick way to profit. If the market is trending in a particular direction you may consider using 60-Second Options to take advantage of the trend and maximize your profits.

9. Don’t Expect to get Rich Quick

Some traders just want to earn some extra cash from a couple of hours work per week while others make a great living by putting in a lot of hard work and extra effort. Be realistic and understand that you get out what you put in and if you put in nothing…. Well you know what the result will be.
December 06, 2018   Posted by Peace Patrick in with No comments
Read More


The binary options trade is like a bird’s eye view of the economy. It’s a form of trade where people predict the direction of a particular asset or the overall market. What makes binary options very appealing is that aside from their straightforward reward-risk variables, investors get to choose when the trading begins and ends. Binary Options can go as short as 60 seconds.
Despite having straightforward reward-risk variables, the binary options trade requires people to have good strategies in order to trade efficiently. There are several types of trading strategies and this article will tap on the most common three.

Using technical analysis

Technical analysis involves the use of charts in order to predict the price movements of assets. It is, in theory, the basis of all price predictions. Without charts, it’s impossible to keep track of price movements. Technical analysis basically means that whatever happened in the past will repeat itself again in the future since “the market remembers.” Because of this, it’s extremely important to look back and analyze candlestick chart patterns or any other technical indicator that happened in the past. There’s no shortcut to being good in technical analysis; only experience and mastery of application matters when looking at charts.

Using fundamental analysis

If technical analysis involves the use of charts, fundamental analysis involves reading business news. Fundamental analysis is about studying the overall economic situation to predict whether prices will shift or not. Let’s take a look at gold for example. Gold’s prices are declining now for a number of reasons. The U.S. Fed has just stopped its quantitative easing and is predicted to increase interest rates in the U.S. by next year – two major factors that drive the precious yellow metal’s prices down today. In addition, the tensions in Ukraine are easing now and gold’s purpose as hedge against political turmoil isn’t currently needed. Last year, when Germany decided to return home some of its gold reserves from the U.S., investors scrambled to have gold investments. They’ve deducted Germany’s repatriation program as the country’s way of preparing for an economic crisis. Physical gold is used as hedge against economic uncertainty and Germany is well aware of that. Things like these that you hear in the news are important to know whether or not gold prices will go up or down within a given time frame. Real-time monitoring of news can help investors make sound decision in binary options.

The Martingale type of betting

The Martingale technique used in binary options demand investors to double the amount of their initial investment at each loss until a gain is achieved. It’s as simple as that. This form of strategy has higher risks than gains, since it requires investors to double their bets until their winning position of closing. The principle of the Martingale strategy is to offset losses of previous bets until an investor gains his or her target. If an investor predicts the price movements incorrectly for several times in a row, his or her losses will be extremely huge. Beginners should definitely stay away from this binary options technique.

December 06, 2018   Posted by Peace Patrick in with No comments
Read More


Binary Options have many advantages over tradition Options and indeed over traditional currency, commodity and stock trading. Ideally suited to new investors and those unfamiliar with trading environments we are seeing many experienced investors move away from FOREX and other types of trading due to the many advantages of Binary Options trading.

Binary Options facilitate the trading of a wide variety of assets across multiple markets with high rewards and lower risk in a fast time-frame when compared to other types of trading.



What Are The Advantages Of Binary Options


Easy to Get Started


Getting started trading Binary Options is simple. You choose a broker or brokers, sign up, make a deposit and you can start trading. However it is strongly advised to practice on the broker’s demo system first so that you can test out your trading strategy.

Many brokers now have low initial deposit requirements ($200) making this form of trading accessible to almost everyone. Other forms of trading require large initial deposits of perhaps $10,000 or even more than $100,000 thereby excluding people that don’t have large amounts of money readily available.

Simple and Easy to Trade


Binary Options are simple to trade as you only need to predict the direction that the asset will move whereas with traditional options you also need to predict by how much the asset will move. In addition the expiry times can be very short which can make the outcome easier to predict.

Once logged into your account with your broker you simply select the asset, select the direction (CALL = Increase in price, PUT = decrease in price) and decide how much you wish to invest in the trade. Finally select start/submit and your trade is recorded. Now all you have to do is wait for the trade to expire to see if you are “in the money”.

Experienced traders use a proven trading strategy and follow the information wires looking for news and events that could have an effect on their chosen asset price. It is important also to check an Economic Calendar regularly to see if there are any announcements or events scheduled that could influence the asset price.

Controlled Risk


Unlike other forms of trading the potential profits and losses are known upfront. You cannot lose more than your original investment in the trade. Some brokers now return up to 15% of any losses which is unique to Binary Options trading.

Many traders use the 5% rule of thumb when trading. They never invest more than 5% of their total capital in any one trade which protects them from one bad trade wiping them out completely.

High Fixed Payouts and Fast Returns


Payouts are usually higher from Binary Options trading than from other types of trading and typically range from 75%-85% for standard options. In addition, the expiry times are short with most brokers offering 60 second, 5 minute, 15 minute, 1 hour and end of day so you know quickly how you are performing and fast returns are possible.

Multiple Assets/Markets


One single broker account gives you access to Currencies, Commodities, Stocks and Indices across multiple worldwide exchanges. Brokers do offer different sets of assets so it is worth checking their asset lists first, that way you are sure to find your preferred assets or areas that you want to focus on.

Short Term Contracts


As mentioned earlier contracts can be as short as 60 seconds while others may last for 3 months. This gives you several investment opportunities and flexibility when trading to cope with changing market conditions.

Multiple Types of Binary Options


Binary Options trading provides you with multiple types of Options to trade so that you can adapt your strategy depending on the current market conditions. For example you can trade boundary or touch options when the market is volatile. This allows you to trade in any market condition.

Trade Small Amounts


Many brokers have low minimum trade amounts so that you can build you confidence while learning to trade. These minimums can be as low as $10 but $25 is more typical. There are no other trading environments where you can make such high returns for so little so quickly.

Trade Anywhere Anytime


Trading platforms are available via PC and laptop and more recently via tablet and mobile phone. This latest development means you can now trade and check on your assets when out and about accessing your broker’s system via a smartphone or tablet. This will allow you to trade 24 hours a day as Binary Options cover international markets and there are always assets being traded.



As we have seen there are many advantages of Binary Options trading from being easy to get started, simple to use, high payouts and quick returns. This makes them an ideal investment choice for new traders and an attractive alternative for experienced traders.
December 06, 2018   Posted by Peace Patrick in with No comments
Read More
For the ones that are still interested in the Trend-Friend. Any timeframe, here's an updated version I've been using for a while now and have about the same succes rate with (70 to 80%), but since I use it on  Any timeframe, there are more trading opportunities.

Here it is Forex/binary Guru.  


Peace Patrick

 Okay folks its been ages since I posted a new strategy and the reason was I could not find anything better than what I already posted. But last that have changed. I actually been using this kinda style since months but I was always going back to No Cloud Ichi for 5m or above expiry because smaller expiry wasn't a big attraction to me.Last week as I dug deep into it I felt its worth sharing.

Note : I have not traded it much just back tested and took some live trades , results are great so far but please do test it and then see if you like it.

Things not to do : Do not add an indicator unless you can prove that it really helps to prevent the losing trades.Test it before you put it out there , dont just be like " IF we add this indicator I think it might save us some losers" But do it this way , add the indicator to your chart and then mark the losing trades you saved and then post the screenshot and the indicator . You are most welcome to change the settings of the indicator used too maybe we can find better settings.

Also as the name suggests it is a trend based strategy so do not trade in choppy market however it is not a major trend based strategy so once you read it you will see that you can trade it almost anytime , I know confusing but just read and you will get what I mean.

Strategy : Lets call it Trend-Friend as it based on trend even if it the smallest temporary trend. There are two ways to trade it , Aggressive- 60 sec trades , Non Aggressive- 2min trades. Both ways are equally good so try them both.

Indicators Used : Moving Averages and Stoch.

60 sec strategy - Agressive - When the main chart MA channel and stoch channel are trending to same direction we take trade on every candle to that direction untill we lose , Once we lose we martingale on next candle after the losing trade if both channels are still in the same direction. I know people don't like to martingale but this type of martingale wont hurt you much , the most consecutive loss I have seen is 2 so yeah but then if you still don't like to martingale then just stop at losing trade and wait for next setup to become valid.

Here is the picture


2 min trades - Non Aggressive - We only take trades when there is candle which goes against the both channel , we take 2min call or put towards the channel direction once that opposite candle finishes. If we lose we can martingale to recover on this one too.



In above picture you will see the trades in first uptrend which I did not mark after the 4th vertical line there were 2 more down candles which met out requirements as per main channel but sub window channel didn't agree so we just let it go , there are 100's of trades in a day with this strategy even if you just trade 4 major pair so you don't need to rush and hey I don't want to trade more than 10 trades a day and that is me stretching myself.

Now have I traded a lot with this strategy ? NO ....... Then why am I posting this ? Because I think its pretty good and I think its better than my no cloud ( yes I did say that ) and because I will be using this going forward and most importantly I want some fame time on forum been ages so if not anything it might be hot topic for few days and I will have my fame.

I think I have covered important parts and made all the rules clear , still if you have questions shoot it .

Regards

Peace Patrick

PS : it is not 60 sec or 2min expiry strategy only , it's rather one candle or two candle expiry which can be done to any time frame if you know what I mean.

Credits to Singh
December 04, 2018   Posted by Peace Patrick in with No comments
Read More

Search

Share

Delicious Digg Facebook Favorites More Stumbleupon Twitter
50% PCFX BINARY STRATEGY
How to withdraw profit from binary com easily
Best way to deposit to your binary.com account
50% PCFX BINARY STRATEGY
video on youtube
50% PCFX BINARY STRATEGY
video on youtube
50% PCFX BINARY STRATEGY
video on youtube
50% PCFX BINARY STRATEGY
video on youtube
50% PCFX BINARY STRATEGY
video on youtube