CAD/CHF before X-mas

well.hope one picture can tell us many thing

Nature Forex News

Announcement about changes in Trading Conditions for Forex clients. 

Dear valued customers, Thank you for opening trading account and trading at NatureForex.
NatureForex would like to announce our new policy for Forex trading conditions which will be applied from 22nd October 2012 for all Forex traders. All new trading conditions have been made for your benefits and convenience. Please refer to the following information:

Read more about NatueForex News Here

Your Trading System, Your Character part 1

Out there, a lot of blogs, websites and forums that discuss trading system for forex trading. but we can easily divide the trading system into 3 style :

1.Scalping
2.Intraday
3.Swing

Trading style that I mentioned above, of course, selected based on the character of each individual / trader, because by recognizing the characters, you can determine what is the trading style that suits you, and for those of you who are just learning forex trading, trading style determines how much time (and money) you waste.
Before we go any further, it would be helpful to identify what the term means that I mentioned above.

1.Scalping as known as pipsing.

according wikipedia, scapling means :

traders who are willing to take market prices. It normally involves establishing and liquidating a position quickly, usually within minutes or even seconds.
The role of a scalper is actually the role of market makers or specialists who are to maintain the liquidity and order flow of a product of a market.

And according investopedia :

is a trading style specializing in taking profits on small price changes, generally soon after a trade has been entered and has become profitable. It requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains that the trader has worked to obtain. 

So from 2 terms above, we can conclud scalping is a trading style when traders take advantage of small movements,even for them who are heavy scalper, they will take 1 or 2 pips profit. Scalping is a trading art and the most difficult to study because a scalper, you could say must be an expert. A heavy scalper could do  dozen even hudreds time going in and out of the market because they only looking for a small profit.

Scalping is not recommended for beginners, because an experienced scalper usually have a clear entry and exit rules, and they do not tolerate the risk. when their risk level hit by the price they will do cutloss with a cold heart. As well as if they take profit level they had hit by the market price, they will immediately cut their profit and no regrets if the price moves far  away from their take profit area.

although still debated whether scalping including very high-risk trading or not, because many of the scalper assign risk reward in quite risky level, such as how much risk level / cut loss level is not balanced with  profit level (eg 30 pips stoploss, take profit 10 pips which means 1:3 RR). But I also know some scalper traders who set a good risk reward (eg, 7 pips stoploss, take profit  7/10/14 pips)

Scalping is a trading style for two types traders.

1.Individuals who have a lot of spare time

2.Individuals who only have the free time to trade a few hours (eg, someone who focuses only 3-5 hours of time to trading and the rest for other activities).

And also scalping is a trading style for those who do not like too long in a state of floating profit or minus.

so get to know your character:
1.Are you type of person who does not like to linger in front of the chart or not?
2.What you have a lot of spare time or not
3.Are you can not stand too long in a state of floating profit / minus or not

And i almost forgot, for a scalper, a tight spreads and high leverage means everthing, usually a scalper looking for a  forex broker that offers tight spreads and high leverage to maximize their profits.

In the next article we will discuss about intraday trading style and swing trading style.

Technical Analysis 09 October 2012

EURNZD Technical Analysis for W1 Time Frame

Lets start with EURNZD because all of its brother (GBPNZD,GBPAUD,EURAUD) already moves and EURNZD probaly will follow their move.

AO already change its color into green , but Aligator Jaw still inhibit the movement of EURNZD, but i dont know why, if we looking engulfing candle pattern that  completed last week, we just need find best place to order "long / buy" (low to buy) with stop loss at last week low, and take profit area maybe at 1.65XX area.


EURUSD and NZDUSD Technical Analysis for W1 Time Frame

After we analyzing EURNZD, lets us analyze the pair that formed EURNZD (EURUSD and NZDUSD)
There has been no sign of weakening Up trend  for EURUSD. If this week closed with bull candle, its not impossible 1.34 area will achieved.

and how about NZDUSD?
Here we see that the alligator was sleeping, for 2 years.Even the AO indicator has been changed its color into green and engulfing candle pattern was performed last week, but looking at the existing pattern, i can say NZDUSD still in weekly consolidation. Despite the Up trend still looks very strong, hit and run trade very recommended for   NZDUSD

News 09 October 2012

News From NatureForex

NatureForex back online after 2 days system upgrade and maintenance this Saturday, from 6:00h-18:00h, 6 Oct 2012 GMT +7 . This maintenance improve NatureForex a lot. And after maintenance we can see NatureForex now introducing new platform for its traders, Binary Options Platform.

In this Binary Options platform, NatureForex  offers its clients two types of binary option : 

1.High and Low binary that offer 60-90% payout

2. and Choice 6 binary that offer up tp 900% payout. Largest payout as far as i know.

And what distinguishes NatureForex Binary with another broker  binaries  are High and low binary expiring type only took 3 minutes and choice 6 only need 10 minutes to expired. For now binaries  available instruments are USD/JPY, EUR/JPY, EUR/USD, XAU/USD

Another major changes of NatureForex are 

1.now NatureForex do not accept Payza and Paypal for deposit and withdrawal.

2.Now you have 3 kinds of account when you open an account with NatureForex :

• BO account or probably stands for Balance Operation account, an account when you can keep your profit here / your deposit here before you transfer it into another account
• FX/CFD account is an account that you use for trade forex and CFD;s
• Binary Options account, account for trade binaries

GrandCapital News

Don't forget to join GrandCapital "Drag Trade" contest which will be held on Friday this week.
DragTrade is the fastest DEMO CONTEST , held for one hour only with 10 winning places.

Thats all news for today.May green pips always with you.

GrandCapital Review

Today im tried other way to write my brokerage review, i hope all of you enjoy this new format

GrandCapital Office : 106 Premier Building, Victoria, Mahe, Seychelles

Regulated by : 

• FEDERAL SERVICE OF FINANCIAL MARKETS License of Stock exchange agent № 1204 от 17/06/2008 "GRANDCAPITAL Inc."; 8А Stachek avenue St. Petersburg, 198095
•  KROUFR - Financial-Investment holding Grand Capital is a member of REGULATORY COMMISION OF FINANCIAL MARKET RELATIONSHIPS.

Grand Capital Award : 

Forex Expo Awards 2011 for categories : 

• Forex Expo Awards Best Micro-Forex Broker
• Forex Expo Awards Best Standard-Forex Broker

Accept US,UK,Canada, and Australia traders : yes

Grand Capital minimum deposit : Start from $1

Deposit and withdrawal options :
Wire transfer, credit and debit cards (Visa and Mastercard) , Webmoney, Yandex.Money, Qiwi, RBKmoney, Skrill (MB) , Liqpay.com, Western Union, Migom, Elecsnet, Handy Bank, and Liberty Reserve .

Spread start from : 1 pip 

Leverage up to 1:500

Trading Platform : MetaTrader 4 for PC, MT4 for Android, MT4 for Iphone, MT4 for BlackBerry, Mobile Trader

Account Types : 

Forex Account : Mini, Standart, ECN, Islamic, Segregated, and PAMM Account (Investor Account and Manager Account)

Binary Options Account :  

Trading account, in which a trader buys a Binary options​. Which means that you’re making a stake on the lowering or raising of the rate of the selected asset after a specified time.

This type of account would be interesting as for the beginners and for the experienced traders due to its simpleness, fixed risks and opportunities to build a specific strategy that does not depend on the sudden change of the market situation.

Minimum bet is $ 1, the duration of the transaction from 3 minutes, the opportunity to try out the service in demo mode -  this makes an Option account an attractive and powerful tool to make profit on Forex.

Trading instrument : 

• Forex Major Pair
• Forex Cross Pairs
• Forex Exotic Pairs
• FX Metal Pairs (Gold/USD,Silver/USD,Gold/EUR, and Silver/EUR)
• CFD Metals (Copper, Palladium, Platinum, Silver)
• CFD Stock USA (#CAT, #IBM,#MCD, etc)
• CFD Currencies (6A,6BZ2,6EZ2#I, etc)
• CFD Energies (BRN,CL,GAS,NG, etc)
• CFD Grains (Corn, Soybean, etc)
• CFD Indices (Mini S&P500, USD Index, FTSE, etc)
• CFD Softs (COCOA,Orange Juice, Cotton, etc)
• CFD Financials (FGBL, FGBS, GE, etc)
• CFD Meats (Live Cattle, Lean Hog, etc)

Promotions , bonus and contest : 
Grand Capital offer a very creative promotions such as

• 100 Present-Accounts. Register $50 deposit account
• Contest Micro Trade : 

held on the real cent accounts.
 The first prize – 300% from profit for all tour!
10 winning places.Free to participate

• One hour contest – Drag trade

The fastest contest – Drag Trade. Trading on the DEMO-account (initial deposit is $100 000) during one hour it is necessary to perform maximum profit among all participants.
The first prize – $200!
10 winning places

• One day contest – Rally trade

Trading on the DEMO-account (initial deposit is $10 000) during one day is necessary to receive maximum profit among all participants.
The first prize – $2000!

•  Welcome bonus up to 50% 

well, think with all advantages of grandcapital which is suitable for  beginner trader who are just learning forex trading (using their micro account is a good investment options,never risking too much when you still learn something new) or profesional trader 

who trade independently or looking an investor using grand capital PAMM services

I have only one regret, with all the things I've mentioned, they apparently forgot to make their website more user friendly.
Sometimes, when I press the english section button, there are some pages that do not use english characters but use the Russian language.

Therefore if you feel difficulty in browsing their website, please contact the them in contact us page.

Thats all my review about GrandCapital,however do not believe what i'm saying before you prove it by yourself.

TradersWay Review

 

TradersWay , Dominica based brokerage service - im not quite sure if they have license or not- claims partnered with big major liquiditor such as Citi Bank, Barclays Bank, Deutsche Bank, and  UBS. By targeting the retail forex market with their no minimum deposit , TradersWay is a suitable brokerage for people that just learned forex trading. According they rule, they open their services worldwide, which means they accept US traders, Canada, UK, and Australia client.

TradersWay offer 6 (six) account type that you can see the details in picture below

With leverage up to 1:1000 and many trading instrument like forex, commodity, metals, energies, and indicies allow any beginner to learn more about forex and margin trading, risk management and implement their new trading system on the market real market. And i I still think - like i have mentioned here - a small deposit real account is better than studying an demo, because with  real account someone will try to maintain the funds he had, and learning all about trading psychology

Anyway TradersWay accept depositing and withdrawing using wide payment methode like wire transfer, Webmoney, Liberty Reserve , Credit Card and Moneybookers (Skrill). And TradersWay requires verification before you can depositing your money and start trading.

Any plus point about TradersWay are they have wide range trading platform such as MetaTrader 4 , MT4 for Smartphone, Ctrader, C-algo and C-trader for web that indicate this brokerage service has strong financial and IT support.

For they who trade with EA, I am quite sure TradersWay welcome any type EA's because they have VPS Hosting Programs, and for investor who loves to investing in forex or someone who have partnership with a trader, or trader that have partnership with several investor, they have Multi Account Manager (MAM) programs.For more info about MAM , you can contact  them at

Correspondence: TW Corp., 8 Copthall, Roseau Valley, 00152 Dominica
Tel.: +44 (0) 20 8144 2210
Fax: +44 (0) 20 7023 4801
Dealing Desk: + 44 (0) 20 8144 2120
New Accounts: sales@tradersway.com
Customer Service: helpdesk@tradersway.com
Technical Support: support@tradersway.com

Oh i almost forgot, now they were having a promotion like 55% deposit bonus,20% deposit bonus and limited offer Try ECN Account only with $10 where in other broker ,  need more than $10 to open an ECN account.
And my advice, if you want to open account with TradersWay, never made deposit more than $1000 because they have no regulation yet


Ok folks, enough with my review, Have a great day

 

Nature Forex Review

Now we will review a new broker recently operated called Nature Forex

According their company profile ,Nature Forex registered in Belize with registration number : 116576, and Nature Forex office address :  1 half Northern Highway, Suite 102, P.O. Box 1922, Belize City, Belize.

As far as i know Nature Forex only provide one kind of account, and this account using standart lot (100,000) with minimal lot is 0,01 ($0.1 per pip) and using 5 digit decimal price quotation. 

About payment methode, Nature forex accept Credit and debit card, Neteller, Bank Wire, Paypal and Payza for deposit and withdrawal.

With very low minimum deposit as low as $20 , and offer promotion like deposit bonus up to 50%, and unique promotion campaign , Insurance Program, i believe Nature Forex will be a next hit among traders over the world. Am i said over the world? Yes I am, which means Nature Forex accept US CLIENT. Yes this company welcome trader for traders from US to try their brokerage services.

They use well known trading platform : Metatrader4 and trading platform using smart phone, and allowing hedging , scalping (not under 120 seconds) and news trading (beware of slipage)

More great thing about Nature Forex are : 

1. Nature Forex offers most tightiest spread on earth, minimum 0.3 pips. Yes ! 0.3 pips for 5 decimal digits? could you imagine that?

2.Nature Forex offer leverage up to 1:1000 which mean with as little as $20 deposit you can start your trading experience, anyway i suggest you who have interest with this broker,or newbie that want to learn what is forex trading,  i suggest to deposit minimal $50-$100 for a safe risk management.

3.Instant depositing and withdrawing your funds and No fees for your depositing and withdrawing with big range payment option that i mentioned above.

4.Zero commisions trading which means you only pay minimum 0,3 pips spread without any commision for the brokerage.

5.Excellent customer service ,based on my experience their CS's are very professional and polite.

Well,I have written the advantages of Nature Forex, and nothing in this world are perfect, so here is the disadvantages of Nature Forex

1.They do not allow EA and script

2.They do not allow scalping under 120 seconds

Well...2 disadvantages versus many advantages? Choice is in your hands.,and i suggest you, do not deposit your money more than $1500 in here.