The Benefits of Trading the Forex Market

Historically, the FX market was available most to major banks, multinational corporations and other participants who traded in large transaction sizes and volumes. Small-scale traders including individuals like you and I, had little access to this market for such a long time. Now with the advent of the Internet and technology, FX trading is becoming an increasingly popular investment alternative for the general public.
The benefits of trading the currency market:
It is open 24-hours and it closes only on the weekends;
It is very liquid and efficient;
It is very volatile;
It has very low transaction costs;
You can use a high level of leverage (borrowed money) with ease; and
You can profit from a bull or a bear market.

Continuous, 24-Hour Trading
The currency exchange is a 24-hour market. You may decide to trade after you come home from work. Regardless of what time-frame you want to trade at whatever time of the day, there would be enough buyers and sellers to take the other side of your trade. This feature of the market gives you enough flexibility to manage your trading around your daily routine.
Liquidity And Efficiency
When there are a lot of buyers and a lot of sellers, you can expect to buy or sell at a price that is very close to the last market price. The currency market is the most liquid market in the world. Trading volume in the currency markets can be between 50 and 100 times larger than the New York Stock Exchange.
When you are trading stocks, you may have experienced events where one piece of news accelerates or decelerates the price of the underlying stock you may have bought into. Perhaps a director has been kicked out by the shareholders of a company or the company has just released a new product and big investors are buying the shares of a particular company. Share prices can be drastically affected by the actions or inactions of one or a few individuals. So if you are relying on television reports and newspapers to get your news, most of the opportunities or warnings will have come too late for you to take advantage by the time you get them.
The value of currencies on the other hand is affected by so many factors and so many participants that the likelihood of any one individual or group of individuals drastically affecting the value of a currency is minute. Because of its sheer size, the currency market is hard to manipulate. The ability for people to engage in 'insider trading' is virtually eliminated. As an average trader, you are less disadvantaged. You are likely to be playing on relatively equal ground along with all the other traders and investors whom you are competing against.

Forex Trading Course With Sigma Forex

The term used to describe the exchange of currencies of various countries in the world is called currency, or currency effects. More than 1.5 billion dollars worth of commercial activities take place in the biggest forex market. The forex trade is not conducted by an exchange unlike stock market transactions. Phone or electronic networks are used to connect the two counterparts around the world to make a trade. In addition, the forex market offers several advantages over negotiation. Moneymaking or wealth creation is the main objective behind a transaction. The potential effects are unlimited and it far exceeds the limited margins and take other markets such as equity or stock quotes. In addition, the risk is also much less, and to crown it all Forex Trading may be made 24 hours a day. There are always buyers and sellers, who make the trade more liquid and stable among all others. The banks also provide liquidity for investors, companies and institutions. Like any other financial instrument Forex Trading also implies a deep analysis on technical and fundamental truths associated with the profession. Bearing in mind the overall interest of traders looked forward to invest in foreign currencies, many Forex Trading courses are available. The main objective of this Forex Trading course is to give the necessary knowledge of the fundamental procedures and advice on the best professional and trade policies. Forex Trading offers courses valuable information on the impact of currency, market risk, market trends and so on, it not only benefits the new trader who wants to set foot on alien grounds, but also investors who want to refresh their tricks of the trade. All aspects of Forex Trading, using the latest software and tools are what Forex Trading course material is composed of. Step by step on trade environments, technical analysis, risk management, trade rules, global markets, economic and market indication etc. are provided with hands on the advice of experienced teachers worldwide. Many factors are taken into consideration before taking a decision on this Forex Trading Course. "Knowledge is power" for all our diplomatic life. Knowing what we do and how we do it, especially the exchanges not only enhance our business relationships, but will also help to differentiate ourselves and track market conditions. The management of our finances wisely, we can save the fear and anxiety about our future unpredictable and sweet. Forex Trading Course often outline basic business strategies in their course materials. Forex Trading courses are available online courses and also through printed books. Free tutorials and financial guidance is also provided by many Web sites. Choose a professional Forex Trading course will provide you with details on • The best time to trade in currencies such as Euro • How to anticipate movements and trends in the global marketplace • What currency pairs trade • Best time to enter the foreign exchange market • Market conditions and advice on effective negotiation experts • technical indicators A Forex Trading course should be a bargaining chip solution for all matters concerning the forex and effectiveness of its negotiating options.

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SigmaForex Allows You to Understanding The Basics Of Forex Trading

Forex trading or Foreign Exchange Trading refers to the simultaneous trading—that is, buying and selling—of two different currencies. It is done between and among major financial institutions, central banks, small retail currency traders or speculators, large international companies, government institutions, companies with overseas operations and the like.
Based on the amount of money being traded, the international Forex trading market is the world's biggest financial market. Every day, Forex trading market gets an average revenue of $US 1 trillion—an amount far greater than the total revenues produced by all the stock and bond markets in the world.
Characteristics
Forex trading is a kind of over-the-counter trading—it occurs directly between to financial institutions or currency traders. The trading markets may be interconnected but there is no single unified market. Hence, there is also no single or standard rate. Each rate or price depends on what is being traded. However, the traders traditionally use nearly similar rates.
Another characteristic of a Forex trading is that it operates 24 hours; thus, one can trade any time of the day. Also, there is no need of an exchange floor, it operates through a global electronic network where trading occurs over the telephone and computer networks. This characteristic also prevents delays that consume a lot of time.
Forex trading market is also very competitive and is highly liquid. This allows the parties to get low dealing costs and better price.
Top Currency Traders and Major Currencies Traded
Wall Street Journal Europe says ten major currencies account for 73 percent of the total Forex trading volume. Among them are Deutsche Bank, UBS, Citigroup, HSBC, Barclays, Merrill Lynch, J.P. Morgan Chase, Goldman Sachs, ABN Amro, and Morgan Stanley.
Among the currencies mostly traded are the US, Canadian, and Australian dollars; Euro; Yen; and Swiss Franc.
A study conducted by the Bank for International Settlements says that the most traded products are Euro/USD, USD/JPY, and GBP/USD. The study noted that in spite euro's continuous growth, Forex trading market remains to be concentrated in dollars.
The Trade
Trade happens when you accept the offered price and when the dealer confirms. Exchange floor is no longer required, as mentioned earlier.
In every trade, two currencies are always involved and the currencies traded serve as the products traded. Each currency has a price expressed in another currency such as 1 euro is equivalent to 1.204 dollar. In the said example, the euro trader sells the euro and buys the dollar. There are no further costs in the trade. There are no commissions and other fees as well.
Large multinational companies engage in Forex trading when they are buying from and selling goods to other countries. However, this kind of Forex trading encompass only a small portion of he daily activities in the foreign exchange market. Most of the trading activities are carried out by currency speculators who earn from the changes in value of a particular currency.
Key players in the Market
BIS study shows that more than 50%of the Forex trading transactions are interbank transactions. Trading revenues of most commercial establishments and currency speculators are deposited in the bank.
Central banks also play a big role in the Forex trading market. These banks control the supply of money, interest, inflation and target rates in order to stabilize the Forex trading market.

SigmaForex LTD Registrations And Regulations

SigmaForex LTD is leading European professional online trading Brokers registered in the United Kingdom and most of the EU countries.

What is meaning by registered?

means that there is a company called SigmaForex LTD inside united kingdom & registered by United Kingdom Law & follow the governmental rules.

SigmaForex LTD registered & follows the governmental rules in United Kingdom and anyone can check that by visiting this official website: http://wck2.companieshouse.gov.uk/ this is a UK governmental website.

http://wck2.companieshouse.gov.uk/d8846c7fe805874be7c646b1ed4f10ce/companysearch?disp=1&frfsh=1216759237#result this is the full link where you can find SigmaForex LTD with the registration number.

SigmaForex LTD Regulations:

SigmaForex LTD working now to be regulated with FSA (United Kingdom Financial Service Authority) but now SigmaForex LTD is complying with FSA and many financial authorities like NFA, CFTC, FSC and others.

Why SigmaForex LTD not working in the regulation of NFA?

Most of Traders ask this question and it's a common question for any broker. Here's the answer; NFA (National Future Association) regulate the Financial Companies that based in United State and have Future Trading. SigmaForex LTD not inside United State and doesn't has Future Trading. But NFA rules are compatible with the rules that SigmaForex is following and you can check with your self.

Complying: Means that this company follows the rules 100% and meet their regulatory obligations efficiently.

Dear Trader, you must be involved and know the difference between FSA and NFA. Many Forex Brokers inside united State not regulated by NFA because they don't work with Future Trading but they are complying with them & follow the same rules as the Forex broker that regulated with NFA.

Forex Broker Regulation - Part One

What good is forex broker that you can trade and make money with, but when it comes time to take your money, they don't give it to you, because they don’t have it?

Forex Broker Bust Story. Refco was the biggest forex broker that was worth around $4 billion dollars. In October of 2005, Refco shut down its operations and every trader who had money with them got screwed big time.

Refco was regulated and for some time they were spending not only their profits but also deposits of their clients.
The amounts of money that traders saw on their trading platforms and the amounts of money Refco had in their bank accounts were different by $400 million.

So when the news hit the wire that Refco is running at such deficit, traders panicked and started asking for withdrawals. The only problem was that Refco was $400 million short of what it owed to traders.

There was a trial of course, and whatever assets the company had the court ordered to distribute among traders. I knew some people that had money with Refco. As far as I remember, after all assets were sold they got around 10% of what was owed to them. That means if person had $10,000 in his trading account, he got only $1,000 of it.

Forex Broker Regulation - Part Three

The difference Between NFA (National Future Association) And FSA (Financial Services Authority)

NFA [National Future Association]:
To Be Able To Register in NFA you must have the following:

1. You Brokerage Firm Based in United State
2. Working in Futures
   

These two rules are basically must be there to be able to regulate with NFA

FSA [Financial Services Authority]:
To be able to register with The FSA your brokerage firm must be exist & based in United Kingdom

Question: I have a brokerage Firm in United Kingdom. Can I register with NFA?
Answer: No You Can't. But If you have branches in USA you can do it

Question: I have a brokerage Firm in USA. Can I register with FSA?
Answer: No You Can't

Errors In The MetaTrader 4 | SigmaForex

Strange and unbelievable!

Meta Trader 4 has the option that you can enter more than type of account for different brokers through the same platform.

For Example If you installed SigmaForex Platform, you will find in your drive C: / the following Pass: [C:\Program Files\MetaTrader – SigmaForex]

If you installed another Meta Trader 4 for another broker a conflict can be occurred because 2 Meta Trader 4 but for different Brokers.

Let's continue our example with another broker like FXCM or Interbankfx or Swiss Global Broker. All of them are using Meta Trader 4 as trading station. Let's Install FXCM Software.

You will find this pass in your Drive C: / [C:\Program Files\FXCM Trader 4]

N.B: Some Versions of windows copy the same folders while installing the same version of the software

That you may find FXCM installed inside SigmaForex & this one from the disadvantage in Meta Trader 4 & Meta Quote published this issue in their FAQs to be available for Traders to solve the issue.

The Solution is to open the platform that you are using e.g.: SigmaForex. Then Open a folder called Config. [C:\Program Files\MetaTrader - SigmaForex\config]

You have to erase All SRV files for other brokers & just leave SigmaForex-Demo.svr and SigmaForex-live.svr

And here's the post of the Meta quote from their website:

"Client terminal allows you to connect to any MetaTrader 4 Server. If you connected to another company's server from your client terminal, the parameters of that connection were stored in a special configuration SRV file in the "\MetaTrader 4\config\" folder of the client terminal.

To remove foreign servers from the server list of your client terminal, just go to the "\MetaTrader 4\config\" folder of the client terminal and delete the unnecessary SRV files.

MetaTrader4 Creats Conflict between SigmaForex and InterBank FX

Confusions seem to be endless with technical programs. As a result of using MetaTrader4 program, many intersections between different platforms occur.

Applying this fact between SigmaForex platform and that of InterBank FX, while installing any of them.

InterBank FX MetaTrader4: After installing InterBank FX MetaTrader4 you will find the extension

[C:\Program Files\Interbank FX Trader 4\config]

Open the folder that called "config" you will find InterBank FX Demo.srv and InterBank FX -Live.srv

SigmaForex also have the same Forex Software but under their name Meta Trader 4.

Let's run the setup of this software & go the same extension again [C:\Program Files\MetaTrader - SigmaForex\config], Open also [C:\Program Files\InterBank FX Trader 4\config]

The Same Folders, The Same Software make some version of windows rewrite the files in these folders with different names.

The Result:

That you will be able to be connected with two kinds of servers through one program!

MetaTrader4 Creats Conflict between SigmaForex and FXCM

Let's Do It Again Using SigmaForex and FXCM (Forex Capital Market)

MetaTrader4 is mostly used among brokers because it is so simple in use & easier for new traders in Forex market, and more accurate.

There are many advantages for this Forex Software but as we know that there is no perfectness without drawbacks; so, one of the most known drawbacks of Meta Trader4 that there is conflict in SRV files in its configuration.

For An Example:

FXCM Meta Trader 4: After installing FXCM Meta Trader4, you will find in C:/ driver a folder named Program Files

C:\Program Files\FXCM Trader 4 this is the extension of the FXCM Meta trader 4

Open the folder that called "config" you will find FXCM-Demo.srv and FXCM-Live.srv

SigmaForex also have the same Forex Software but under their name Meta Trader 4.

I want you to run the setup of this software & go the same extension again [C:\Program Files\MetaTrader - SigmaForex\config], Open also [C:\Program Files\FXCM Trader 4\config]

The Same Folders, The Same Software make some version of windows rewrite the files in these folders with different names

The Result:

That you will be able to be connected with two kinds of servers through one program!

Intersection between MetaTrader4 Programs

As you know that MetaTrader4 used widely among brokers because it is so simple in use & more easy for new traders in Forex market.

There are many advantages for this Forex Software but as we know that there is no advantages without disadvantages; so, one of the most disadvantages in Meta Trader4 that there is conflict in SRV files in its configuration.

For An Example:

FXCM Meta Trader 4: After installing FXCM Meta Trader4, you will find in C:/ driver a folder named Program Files

C:\Program Files\FXCM Trader 4 this is the extension of the FXCM Meta trader 4

Open the folder that called "config" you will find FXCM-Demo.srv and FXCM-Live.srv

SGB (Swiss Global Broker) also have the same Forex Software but under their name Meta Trader 4.

I want you to run the setup of this software & go the same extension again [C:\Program Files\Swiss Global Broker\config], Open also [C:\Program Files\FXCM Trader 4\config]

The Same Folders, The Same Software make some version of windows rewrite the files in these folders with different names

The Result:

That you will be able to be connected with two kinds of servers through one program!

What Is The Link Between SigmaForex And North Finance

Question: Is SigmaForex Partner with FXCM?

Question: Is SigmaForex Partner with North Finance?

Question: Is SigmaForex Partner With Interbankfx?

Answer: For Sure SigmaForex is an independent broker.

Question: Why I see in the statement of SigmaForex Another broker.

Answer: Because you don't follow the instructions of Meta Trader 4

Question: What are these instructions?

Answer: 1^st You have to make sure that your new installation is separated from the other installations that already exist.

Question: Please, open a channel of understanding for me

Answer: Tell You What?!

Look there is a problem in Meta Trader which is that most of brokers are using it as a trading station. Also most of traders are using it without any suffer because it's so easy & so simple while trading.

But because most of brokers are using it so you may find a conflict inside your Meta trader & another Meta Trader for a different broker inside our PC.

For Example: SigmaForex & North finance: the both are different brokers

After installing Meta Trader of SigmaForex & After Installing the Meta Trader of North Finance I found SigmaForex-Demo inside North Finance Meta Trader 4! I thought they are related to each others but the truth is that they are different independent brokers, but while installing one of them a file has been transferred from one Meta Trader to the other.

Open C:\Program Files\MetaTrader - SigmaForex\config

Open C:\Program Files\FxPro MetaTrader\config

You Will find SigmaForex.srv

SRV file is a linkage between your setup & the server of the broker, so if one or more from these files transferred from one setup to another it will show you two brokers in the same Platform!

Thanks For These Information

SigmaForex Strategies

All Forex trades somehow capitalize on trends as the price moves from where you entered to where you exit; some trends being more obvious than others. The trader’s cliché is true, in that the “trend is your friend” while you are moving towards greater profits, “until it ends” at which point you need to quickly get out. You could conceivably trade (mostly by luck) without being aware of the trends, but by following the trends you’ll consistently be able to capture substantial gains. Being able to trade through the duration of a trendwill allow you to maximize the possible gains. Thus the trick is to be able to get in early on a trend and to stay as long as possible on it. Historically, trend-followers have made more money off currencies than any other market.No matter how you slice ‘n’ dice it trend following systems are the strategies that ultimately work. Whether you are observing and trading along huge trends on the large charts (i.e. daily, weekly, or monthly), or go to midsize trends (i.e. on hourly charts), or go to the opposite end of the spectrum and surf/scalp micro/petit trends, then you are engaging into trend following strategies regardless of the scale. Essentially all trading relies on trends to some extent – Fibonacci swings consists of smaller trends (minimum 3 main trends consisting of countless smaller scale trends within those) within a larger trend, range trading is simply trading along smaller trends within the broader sideways trend, pattern breakouts are simply the start of a new trend, moving averages indicate a trend (in fact all indicators basically do), and you can go on and on pointing out how virtually any technical trading method is simply an advanced adaptation of trend following.

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SigmaForex Market

There is a common expression known by traders; “the trend is your friend…until it bends”. If all you were to do was to get good at identifying trends, in any time scale, and know how to trade them then you will inevitably make substantial profits.When you understand the basic fundamental principles of how the Forex market prices moves then all else are just applications of those basic principles”. Prices of course move based on market sentiment resulting from news and world influences, but as technical analysts we are generally not concerned with that perspective (fundamental analysis). The basic fundamental principle of how the markets move, from a technical perspective, is that the market moves in an oscillating fashion (bouncing in waves) while gravitating in a certain direction (up, down, or sideways). ALL trading methodologies are simply applications aimed to capitalize on the understanding of that above stated fundamental principle.Simply put, trend lines show the confined range of oscillation as the markets gravitate towards a particular direction. When the trend line breaks it is a chance to reevaluate the direction of the oscillations.

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SigmaForex Choices

This oscillation is apparent in ALL scales of chart perspectives. It is important to keep the perspective that within larger trends there are smaller trend, within those smaller trends are even smaller ones, and within those are even smaller ones,etc… There are trends within trends within trends. Essentially the oscillations within a trend are in and of themselves smaller trends that are comprised of oscillations that are even tinier trends. Really understanding this isn’t just some nice theory but rather is very practical when you know how to apply this knowledge.

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SigmaForex Trading Strategies

As with any spectrum, there are two extremes to the technical analysis of the Forex markets. On one end you have tick charts, or the more practical one minute charts, as used by “scalpers”. On the other practical extreme you have Monthly charts (each candle represents one month of trading activity), as might be used by “position traders”. Despite the apparent difference these two extremes are still showing you the same thing – historical market price data presented visually, just zoomed in or out in perspective (think of fractals again).Realize that even the Monthly candles developed second by second just as the tiny one-minute and even the tick candles did. The oscillations seem most chaotic when viewed on the tick candle charts; mindlessly bouncing up & down, but even these tiniest of oscillations, though it may not be apparent while watching them, are still gravitating towards the oscillations of progressively larger oscillation/trends all the way up to the grand scheme of things as seen on the Monthly charts. Thus even the tiniest tick movement is contributing to the fulfillment of the big picture.

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