The Rating Of The Best Forex Brokers

The rating is formed according to the the four main criteria that characterize the broker. All reviews were manually checked by the moderator in order to avoid multiple votings from one IP and make sure all of the information was up to date. So, if you want to choose the best broker today, here’s the list of potential candidates!

FxPro

The first place in the TOP four best Forex brokers 2017 is held by FxPro, one of the largest international Forex brokers, which is well known among experienced traders. The company has been operating since 2006, and has been providing trading services for a very wide range of investment tools to date. In addition to currency pairs on the most advanced trading software, it includes its own FxPro SuperTrader. The broker has held the top position for two months and before that they have spent eleven consecutive months at the third place in the rating.

Forex Club

This team presented the new EUR4H trading system using the Price Action principle in dealing with the key EUR/USD currency pair on the 4-hour interval. The rate in EUR4H’s work is to maximize the potential of the market movement within a day, and the profit for each transaction is almost unlimited. In addition, Libertex for iOS received an updated design and new features.

The evening mini-base online course for Libertex will be held in February for its clients, where you can quickly get the required set of knowledge for an effective start of trading on the financial markets from leading experts of the International Academy of Investment and Trading. A new thematic seminar “How to create your own strategy?” was also held a few days ago.

TeleTrade

TeleTrade holds the third place for the third month in a row, being at the same time in the top four continuously for quite a long time (twenty-seven months). For those who doesn’t not know or have already forgotten about the fact, the company has been in the market since 1994, and even more notably, it was the first to receive CBR license to provide services in the Forex market in Asia.

TurboForex

TurboForex is a relatively young broker; the company has been operating since 2010. It is registered and licensed in New Zealand, but this does not prevent it from providing services to traders around the world. In addition to currency pairs, the list of trading tools offered by the broker includes precious metals and oil. In addition, traders can use social trading, which allows them to copy trades of experienced traders.

Choose the broker you think will suit you best and start your career of trading on Forex today!

ULIP Investment Plan to Manage Your Wealth

“How can I get rich?” “What is the easiest way to grow my money?” These are the questions that often run through your mind from time to time. But often, you fail to find a prompt answer to this.

However, the answer to the first question can be “Grow your money and you will become rich.” But what about the other question? How can you multiply your money?

Now, this one is a tricky and wily question. Many people believe that by commencing a new business they can grow their money manifold.

But the deal is “It takes money to make more money.”

So, not really having a considerable amount of money to invest in your pristine business, in the beginning, you can begin with investing in the capital market to multiply your money and meet your financial objects.

Investing in equity directly can be risky and perilous and would need a lot of investigation and steady monitoring of market by the one who is investing. However, there are a few other instruments at your disposal in the market that are both hassle-free and risk-free and cater income tax benefits. A few of such investments are Equity Linked Savings Scheme (ELSS) funds, Bank Fixed Deposits (FDs) and National Savings Certificates (NSCs), Public Provident Funds (PPFs) and Voluntary Provident Funds (VPFs), Unit Linked Insurance Plans (ULIPs) etc.

Among all the above-mentioned options and choices, ULIPs are the second in the list, in terms of returns, transparency, flexibility, safety, costs, taxability of income and liquidity, according to the annual assessment report by the ‘The Economic Times’ for 2015.

As per the estimation, in the past three years, returns from the ULIPs have come up to 9.8 per cent. So, let us get acquainted with the ULIPs that are persistently ranking besides some of the best plans for investment in India.

The Spectacular Rise and Fall of ULIPs:

The dawn of Unit Linked Insurance Plans (ULIPs) was considered to be an avant-garde affair in the Insurance sector. ULIP was Certainly Different, in a lot of ways, from any other available instruments of investment. On the other hand, the lion’s share of ULIP was that it effectuated a fusion between insurance and investment.

There was a time when ULIPs were the highly sold product; however gradually, the popularity of ULIPs started coming down compared to other instruments of investments such as mutual funds etc. Particularly in the year 2008, the major fall was noticed in the market.

A lot of factors contribute to the dramatic fall of ULIP. They were costly and often cannot keep up to cater the expected returns to its investors. Apart from this, the agents were ever-pursuing who drew in approaching consumers into purchasing ULIPs and promised them higher returns and did not disclose the high charges involved. So, a lot of those who were enticed into buying ULIPs were repentant heavily, making it one of the most hated investment products available in the market.

ULIPs rose to esteem again after September 2010 out of the blue, when Insurance Regulatory and Development Authority (IRDA) brought out new bylaws governing this plan of investment. According to the new regulations, ULIPs’ charges got capped, making it easy on the pocket. There was an expansion in the lock-in period from 3 years to 5 years, and the basic sum assured turned out to be 10 times the annualised premiums. These changes made by the IRDA have made them as one of the best plans for investment in India.

Why invest in ULIP?

“There are a number of investment tools, why should I invest in ULIP?” You must be wondering despite being a lot of options to invest why to invest in ULIPs. You are no alone to have this question. A large fraction of people consider buying a term insurance cover for life coverage and put their money in a mutual fund for the creation of wealth, separately. This isn’t a bad idea. However, the problem with the investment in the term plan insurance is that you get no returns if you survive until the policy term ends. Although a huge amount of money is paid to the beneficiary under a term plan only after your demise. You actually enjoy no profit if you invest in a term plan, apart from the tax benefits.

A mutual fund is an ideal investment tool. But it entails huge risks. Also, a mutual fund provides no tax benefits unless you plump for an Equity Linked Savings Scheme (ELSS) that is Mutual Fund’s special sub-category with at least 3 years of the lock-in period. So, if you wish to avail liquidity from a mutual fund, you receive no tax benefits.

Keeping all the limitations in mind, many financial confidants, these days, choose ULIP over other investment plans available in the market.

Is it true that ULIPs are actually better than other investment instruments?

Despite being fine similarities between ULIPs and mutual funds in terms of investments, there is a world of difference among the two. ULIP scores more than mutual funds in terms of tax benefits and returns. All the ULIP investors are allowed to enjoy tax benefits both on the sum assured and premiums under Section 80C and 10 (10D).

What’s more, ULIP is such an investment plan that caters life insurance cover also. So, in the case of your unforeseen demise, before the policy term gets completed, the selected beneficiary will get the lump sum assured as the death benefit. However, if you outlive the entire policy term, you will get the fund value as the maturity benefit.

How ULIP works?

ULIP, as already thrashed about, is an investment-cum-insurance plan that possesses all the best gears of both the instruments. One fraction of the premium paid by you is kept for the insurance and the remaining fraction is invested in capital markets.

You are allowed to branch out your assets among various funds reaching out from equities to debts via ULIPs. So, you are allowed to set your own strategy for investment depending on your risk appetite through this sort of investment planning. You are also permitted to freely swap your money from a high-risk fund to low-risk fund and vice-versa as per the market timings. ULIPs are, therefore less perilous as an investment plan.

A few charges might get deducted at the time of entry when you invest in a ULIP. These charges consist of fund management charge, Policy administration charge, mortality charges, surrender charges etc. You are paid back a few of these charges in the form of loyalty bonus, provided you make in investment for minimum 10 years or more.

Winding it up!

ULIP is one of the finest goal-based long-term investment-cum-insurance options. Although it was very high-priced a few years back, it has become relatively affordable, nowadays. Now, an ample number of insurers cater pocket-friendly and reasonable ULIP products, which help you in meeting your financial objectives easily and in quite a short period of time.

BRIC Equity Funds Are On The Move Again

Brazil and Russia were investor favorites ten years ago. But a nasty recession in Brazil and Russia, plus the sanctions placed on Russia, have those emerging markets in a financial hammerlock. BRIC equity funds were off-limits to investors, but over the last couple of weeks, those funds have come alive. According to a Boston-based fund tracker, Brazil, Russia, India, and China received $45 million from investors in first two months of 2017. BRIC equity funds are enjoying the longest inflow of cash since June 2016. Commodity prices, corporate earnings and the fact that the Federal Reserve may not raise interest rates are the catalysts for the increase in investor interest. But even with this surge in investor interest, the four emerging markets are still a long way off from the 2007 boom days.

Lackluster commodity prices threw Brazil and Russia into a recession in 2014, and China didn’t help the situation. China was Brazil’s largest trading partner five years ago, but the Chinese manufacturing-based economy started to fall apart in 2012. Productivity and new orders continue to slow down GDP output in China, and that slowdown impacts the BRICS alliance. Chinese banks have too much bad debts on the books. The government is trying to hide the drain on capital reserves, but investors like Jim Dondero, the president of Highland Capital Management think, China’s debt could be the straw that breaks the global economies back over the next 18 months. India is the only country in the BRICS alliance that is posting positive GDP percentages. China GDP output is still better than most, but it is not as good as it was in 2012.

Even though there is renewed interest in BRIC equity funds, Dondero believes investors will support individual funds rather than the BRIC fund going forward. So far in 2017, Russia and Brazil funds received $1 billion each. That is the biggest inflow since the end of 2014. India funds received $380 million so far in 2017 because there is talk that India’s economy may be slowing down. India funds enjoyed cash flow of more than $2.3 billion in 2016.

The number of active BRIC funds continues to drop from the high of 106 funds in 2014. In 2016 there were 79 active BRIC funds. Net assets in those funds shrank to $4.87 billion from $7.6 billion in 2015, according to Jim Dondero.

The BRIC alliance is considered strange by many investors. Dondero and other investors say there are few similarities in those countries in terms of commodity use and commodity production. Many investors are concerned about the political systems in BRIC countries and that keeps many investors away.

James Dondero is a University of Virginia graduate with degrees in finance and accounting. James has more than 30 years of experience in the investment and finance industry. In 1984, he started his career at Morgan Guaranty. He was hired by American Express that same year. Jim spent four years at American Express before he took the job at a subsidiary of Progressive Life. In 1993, he founded Dallas-based Highland Capital Management with his partner Mark Okada. Dondero is responsible for the incredible growth of the company. Highland Capital has more than $16 billion in assets under management. Dondero is also known for his work with nonprofits in the Dallas area. The Highland Dallas Foundation supports several organizations in the Dallas area.

How Is Gold and Silver Valued?

Whether it is about trading, mining, or recycling metals like silver and gold, it is important to understand how each is valued. Pricing metals is not the same as attaching a value to assets. Valuing silver and gold is something that consumers, miners and exploration companies must know their way around.

Where Does the Value of Gold and Silver Come From Anyway

Historically, people were challenged to come up with a form of currency. This medium of exchange was supposed to be practical and portable to replace the barter system, which landed them to the choices of metal. Unlike many other metals on the periodic table, gold and silver can be melted over flame to make coins, do not corrode, and are fairly rare in the world. Between silver and gold, gold stands out far better too as it is easier to recognize because of its unique properties like it absorbs some light when exposed to it.

Gold and silver do not have to have any intrinsic value. The rule of currencies is that it only has any value when societies determine a value for it.

Forward to current day and economies have applied a certain value on these metals, perpetuating their worth. Gold has always been the metal everyone falls back on when a specific form of currency does not work. Gold will always have some sort of value and act as insurance in tough times too.

Sources of Pricing

There are two types of prices. The market price at which something is sold or bought for fast payment and delivery is called spot prices while future price is simply the value at which participants enter an agreement contract to transact on a certain date.

Large Bullion Traders and Banks

Bullion traders and banks work with large volumes of metals with their clients. They sell and buy metal which becomes a part of their trading process. As a result, these work as reliable sources of valuing precious metals.

OTC Markets

This is a market of securities off the exchange market. Here people trade through the electronic network. Financial organizations work as market makers and bid a value that works as the spot price.

Future Values of Silver and Gold

Precious metals futures contracts are traded through major exchanges around the world. These exchanges are important sources for the future values of metals like silver and gold.

Fixing

Fixing is referred to the agreements between participants on one side in a market to sell or buy metals like silver and gold at a certain price while maintaining market conditions so that the price remains the same. This is done by controlling demand and supply to an extent. Throughout the proceedings as price is moved higher and lower as orders are changed until the time comes that orders are satisfied and price is fixed.

Sources:

http://www.investopedia.com/articles/investing/071114/why-gold-has-always-had-value.asp

https://www.goldbroker.com/investing-guide/how-gold-silver-prices-are-determined

Explained: Forex and Binary Options Signals

An increasing number of people are beginning to feel attracted towards the idea of trading in certain financial markets. The internet has made trading accessible to anyone who has a laptop or PC and an internet connection. If you find the idea of trading exciting or as a way of carving out financial independence, then all you need to do to start is find yourself a reputable broker.

The two most popular markers for new traders are binary options and forex.

Binary options

An ‘option’ is a contract that you make with a broker regarding a commodity. You do not actually purchase any of the commodity itself – the broker with pay you based on the contract. A ‘binary option’ is so called as there can only be two results – you are right, or you are wrong. The contract will basically state ‘I am investing a sum with a broker that will be doubled as my return (less the broker’s fee) if the price of a commodity rises/falls within an agreed timeframe’.

An example of this – you invest $100 in the price of USD rising against GBP within four hours. If you are right your investment is doubled minus the fee (typically ten percent). If you are wrong, your investment is lost.

Forex markets

Forex (or foreign exchanges) is where you convert from one currency to another, in the hope that the price of the currency will rise in comparison to the one you have converted from, or to other currencies.

Forex trading is more complex than binary options trading as you are making the purchase of the currency using your own money. You will also need to specify how much of the currency you are willing to buy, what price (whether the price of the currency you bought rises or falls) you will sell at and when you will sell. With binary options you can only double your investment, but with forex trading you can make big gains, but also big losses. Financial events such as a sudden currency crash can occur, impacting your trading account balance.  The concept of option exists in forex trading as well. Opposed to binary options industry, forex traders can use regular (a.k.a. “vanilla”) options that have the same profit potential as spot forex trading, but the risk is limited to the premium associated with the contract. Check out this fx options trading platform from Avatrade.

Binary options and forex signals

Knowing what best to do when you first become a trader is virtually impossible unless you have undertaken a substantial amount of investigation into how financial markets work, and how successful traders make their millions. Four out of every five new traders will quit within their first month of trading as they find the trading market too daunting, or complicated.

For those prepared to stick at it, help is at hand in the form of two trading technologies: binary options and forex signals.

A signal, in this regard, is an indicator sent by an experienced trader or a computer algorithm that suggests you ought to ‘get in on’ a particular trade. Think of a signal provider as your own personal trading advisor.

Binary options signals are usually sent via SMS. This is because a trader will need to act upon a binary options trade quickly, before market conditions change. Binary options are dictated by tight time frames. Such signals are usually created via complex, market-watching algorithms.

Forex signals are typically sent via email. The timeframe is not so important, and there’s a lot more to consider before placing a trade. If you did come into a forex trade too late, you may only lose a little profit. Such signals are usually created by experienced traders rather than software.

You can follows signals manually, or by using what is known as an ‘Expert Assistant’, or EA. An EA is a piece of software that connects the signals to your broker account, meaning that the signals are conducted automatically.

There are paid signal providers and free signal providers. Of the two, paid services are frequently the more beneficial. Free signals are generally created via software.

A typical signals provider is Snipe TheTrade, reviewed here on Invezz. The firm offers both forex and binary options signals at a cost of $99 a month. There is a five day free trial period, so you can get a taste of the signals before you hand over any payments. Snipe The Trade’s signals have a confirmed win rate of over seventy percent, and their trading list is available for you to evaluate.

If you are new to trading, then signals are an excellent way to become accustomed to the mostly complex world of online trading in financial markets. You’ll gain experience and valuable insight, plus – hopefully – a significantly swollen trading account.

Protect Yourself When Your Insurance May Not

office_buildingWhen we make investments, we do so with the expectation that they’ll return a financial gain in the future. For instance, we expect that our home will both provide shelter and increase in value. While there are things you can do to increase your chances of this happening, there are also other circumstances that can unexpectedly arise that can cause you to lose substantially. From natural disasters to financial meltdowns and more, you can quickly find yourself picking up the pieces of your investments wondering where things went wrong.

While we can’t eliminate the unknown, there are things you can do to protect yourself when insurance may not, and it’s worth the time to invest in your own knowledge in order to minimize the impact of the hit these circumstances can administer. Here, we offer four ways in which you can do just that.

  1. Consider Automated Investing

The stock market can be difficult to predict, and there are so many different approaches you can take in the consideration of the best investment choices. That’s where automated investing can help. We have found numerous ways in which we can increase efficiency using technology, and it only makes sense that these many complicated formulas can be more easily considered using machines to do the hard work. With something like Wealthfront Review or some other similar tool, you can explore the many benefits of using this type of service before you make your next big stock market decision.

  1. Utilize the Competitive Nature of the Insurance Business

Because of the increase in connectedness the world has experienced, we now have quicker access to more of the products and services we need than ever before. You can use this to your advantage when you compare insurance quotes online. Armed with the power of negotiation with multiple quotes that are now so easy to obtain, you can receive the protection you need on your most valuable assets at a cost you can afford.

  1. Maintain and Improve

Your home is likely one of your largest investments, and it requires your attention to maintain. Unlike assets like cars, your home is capable of increasing in value over time, but it requires that you take the time to perform regular maintenance such as:

  • Having plumbing inspected at least every five years
  • Inspecting the home for termites every five years
  • Checking guttering system to reduce risk of flooding

You should also consider a remodeling job. It’s estimated that, by remodeling the kitchen alone, you can increase the overall value of the home by about $14,000.

  1. Don’t Forget Digital Assets

We have become increasingly reliant on technology, and it’s becoming more and more important to consider your digital assets and how quickly they could disappear. There are a number of unexpected things that can occur that would eliminate any trace of the valuable information that lies in your business or personal computer that would take years or even decades to replace including:

  • Computer viruses
  • Hardware failure
  • Software corruption
  • Hardware destruction
  • Theft

Considering this threat is still relatively new, it can be easy to overlook. In order to ensure you’re protected, take the time to backup all of your data. There are a number of free applications you can use to achieve this, or you could even backup a physical copy using flash drives or other hardware.

Protecting What’s Yours

You work hard for your money, and eventually you want your money to pay back by working hard for you through retirement. While we can’t eliminate the possibility for bad things to happen, we can prepare for them by making smart choices now in preparation for future potentials. By following these five wise tips, you can be on your way to significantly minimizing the impact unforeseen circumstances can have on the future of both you and the ones you love.

Harald Seiz:  Gold and success — the two go together!

karatbarsHarald Seiz is the CEO and founder of Karatbars International. He lives and and works in Stuttgart and is able to travel the world to speak about being an independent adviser and entrepeneur. Seiz worked in the financial sector and was successful very early on; in the 1990s his company’s revenue reached over EUR 60 million. Since 2011 he has been the leader of Karatbars and has built the foundation from the ground up. The most important thing in his business philosophy is to “provide an effective means of securing financial freedom”.

As a senior executive, Seiz has been an independent investor working in the world of global finance for over thirty years. His focus is the expansion of his company on a domestic and global level, and to be assured that Karatbars International can be accessible to anyone and everyone. Originally involved with the insurance and real estate business world, Seiz has broadened his experience to coordinate Karatbars International and its scope to an even broader level. He feels very strongly that customers are the number one priority and he has a singular vision when it comes to assisting investors with advice about the market and where to find success.

Seiz has a razor-sharp focus; he is passionate about showing everyone a path to secure financial protection. The procurement of gold in small quantities with Karatbars International allows investors to have a tangible and solid investment rather than an obscure paper one. With the world’s finances all out of order and a new economic crisis at every turn, a method of money and payment that is constant and not affected by inflation or deflation is of the utmost importance. When investors can conserve their energy and focus on achieving personal goals then life can experienced on a higher level and personal financial security can be assured.

gold-bar-stackThe idea of gold’s importance has been constant for over 5000 years. In Greece, a tailor could sew a high-quality set of clothes for about an ounce of pure gold. Today, in 2016, a custom-fit, tailored suit will cost about an ounce of gold (of about $1300 approximately). Gold will usually hold its value and not fluctuate the same as other currencies. This is because there is a finite amount of gold in the world and as a fixed amount it is assured there is always a popular and very high demand.

Harald Seiz and Karatbars can help investors with financial security. Different than other investments, gold will always hold its value, always be secure and always be a precious commodity. Start investing today for financial security and peace of mind tomorrow.

(For more information please visit www.harald-seiz.de)

A Guide to Stockbroking Platforms

If you have been considering a foray into the world of online trading, you are certainly not alone. Every day, countless individuals choose this option over the more traditional (and arguably outdated) forms of investing. We can think of these platforms as the virtual “vehicles” for financial independence and success over time. Much like any type of vehicle, it is important to appreciate the mechanics and accessories that each platform offers in order to properly align yourself towards success. What metrics define an efficient trading system and which qualities should always be analysed before committing to any type of service?

The Tools at Your Disposal

Would you ever attempt to build a house with a hammer and a few nails alone? Much in the same respect, you need to be provided with the latest financial instruments to build a strong stockbroking foundation. Some of the most effective stockbroking platform tools will include:

  • Numerous charting indicators (logarithmic, candlestick and dot).
  • The ability to access the price history of a specific asset.
  • Thorough technical analyses.
  • Flexible chart intervals.

There are two main benefits of being provided with this wealth of options. First, the stockbroker will be able to address the needs of his or her unique strategy. Secondly, keeping abreast of all of the latest market movements is paramount for financial gains.

Intuitive Trading Platforms

Another hallmark of an effective trading platform is one which is defined by clarity and ease of navigation. After all, what good are all of the latest figures if a trade takes a relatively long time to execute? The inherent streamlined nature of systems such as those offered through CMC Markets are able to take the guesswork out of stockbroking and in turn, the client will enjoy a greater sense of flexibility at any given time.

Mobile Solutions

A growing number of stockbrokers are now trading remotely thanks to 3G and 4G connectivity. It therefore stands to reason that modern systems need to incorporate mobile-friendly platforms directly into their software. Thus, executing trades can take place even while away from the home or the office. This is also ideal for those who may have only a limited amount of time to invest during each day.

News, Insight and Market Analyses

One of the drawbacks associated with many low-grade platforms is the fact that they do not possess the architecture to support streaming news feeds and live chart analyses. This can be detrimental to the health of any portfolio, for it may be nearly impossible to capitalise on any sudden movements or react to late-breaking economic data. Access to ongoing news sources is another indicator of a worthwhile stockbroking platform.

Please note that these amenities are best when used in synergy with one another. Whether you have only begun your journey into this world or you are a seasoned investor, the ability to access efficient trading software is crucial. So, it is always wise to examine any system very carefully before making a final decision. Your financial future could very well depend on it!

How to Make your Mortgage Money Work For You

If you own a home you already know the benefit of getting a yearly credit against the interest. But, if you’ve owned it for more than 12 to 15 years your deductible interest is no longer offsetting your taxes. There are many ways to make having a mortgage work for you. To discover all the options available, contact a company like Flagship Financial Group to assist with the process.

Most people focus on paying their monthly mortgage payment without giving a thought to how much equity they have in their home. Many even try to add a little extra to pay the debt off earlier than their loan term. While it’s good to keep your debt-to-income ratio in check, it’s also smart to use your investment to your advantage. Think of your home as a savings account. You build equity and borrow against it to pay for things without taking on more debt. It’s a win across the board. You can use the money to renovate, pay for school tuition or to pay off debt. By refinancing, you’ll get a low-interest rate versus a credit card. Plus, you won’t take money out of your savings and you’ll get to deduct the interest on your taxes.

There are many other reasons why refinancing to fund your investment is a good idea. If you’ve always wanted to invest in real estate but never had enough to cover the down payment requirements refinancing your home might be your best option. You can use the equity to reinvest and earn extra income. Since it’s an investment property, lenders will take into consideration the yearly rental income you will make on the property and add that amount to your net income.

If you currently have a fixed rate mortgage and you are looking to lower your monthly costs, you can refinance using an ARM (adjustable rate mortgage). This type of loan gives you a lower monthly premium for the first few years. It can help anyone who is at the top end of their budget reduce costs and get back on track. When the rates change and your payment increases you can always refinance again.

If you are an active or retired member of the military, refinancing using a VA loan can give you a lower monthly payment without the need for a down payment. Since the loan carries a guarantee for payment from the U.S. Government the approval rate is much higher. You don’t need a high credit score and the closing costs are minimal compared to a conventional mortgage. Also, unlike all other loans, there is no P.M.I. insurance added, saving you thousands over the term of the loan. Use social media resources, like the Flagship Financial Facebook page, to review your options.

Owning a home can also help you save for retirement. If you suffer a hardship and need extra cash, instead of reaching out for your pension or 401K, use the equity in your home. You should never borrow against your retirement accounts. The first reason is obvious; it’s for your retirement. Secondly, when you do, the penalties are stiff. You’ll pay 20-30 percent off the top before you get the money. And then when you report it on your taxes you can expect to pay at least another 10 percent. By the time you’re done you’ve spent almost half the money on absolutely nothing.

Whether you are looking to lower your monthly payments, invest in property, renovate or pay off debt, using your home can have lasting benefits. It allows you to have a lower interest rate versus using credit cards or personal loans.

 

Recommending You Effective Forex Trading Strategies

In order to make good money in the market of currencies, a beginner should learn how to analyze the market and create Forex trading strategies on the basis of analysis he does. Certain rules of the market have to be followed by the market participants when trading in Forex. Among these rules is using a trading strategy which can turn an ordinary trading into a profitable trading activity.

Forex Trading Strategies Traders Use

The traders can use or develop the Forex trading strategies which are most suitable for them. Some of the traders use only the technical analysis method while others prefer fundamental analysis. While there are others which use both fundamental as well technical analysis for putting trades in the market. There is a big range of tools helpful to the traders for the analysis of the market and read the fluctuations. The beginner traders need to examine and test all the tools to become skilful in the market.

Support and Resistance levels

Traders use support and resistance levels strategy to determine when to enter and exit in a particular trade. Support is the lowest price level after which a price is likely to start moving upwards. The resistance level is the highest price level at which the Forex traders prefer to close the positions in order to cover the risk of a significant decline. The trends are tested and confirmed at the support and resistance levels. These support and resistance levels can be determined by analysis of Forex charts or previous support and resistance level determined for a period time for analysis.

Moving average Forex trading strategy

We can also recommend a moving average trading strategy. The moving average is used to determine a price over a certain period of time. The short term price fluctuations are eliminated and this strategy allows the trader to view the overall market situation. It is also used to indicate the future price movements whether up or down. If the price is above the moving average the market is bullish and the time has come to buy an asset. If the price is below the moving average the market is bearish and it is the time to sell the assets.

While using Forex trading strategies the traders should clearly understand that using a trading strategy needs discipline and the emotions should not be allowed to interfere. A strategy should be back-tested before using it with your account and a good amount of patience is required to see the strategy showing the results. It is of no meaning to keep on switching Forex trading strategies without giving proper time to any of them.

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