Saturday, December 8, 2012

Social Trading Etoro Forex Broker. Copy the best traders.


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Etoro Review.

Etoro is one of the best user friendly and most popular trading platform,
Trading with eToro offers traders several advantages like:
  • The ability to follow and copy experts with the eToro Openbook
  • Guardian Angel software to promote responsible trading
  • More tools to help traders trade more effectively
 Trading Platform
It have been said that the alphabet ‘e’ in the company name stands for the fact that trading with eToro is ‘easy’. Whatever the actual meaning is, eToro’s trading platforms is indeed easy to operate. Currently, the company offers 3 types of trading platform:
  1. eToro WebTrader
  2. eToro OpenBook
  3. eToro Mobile Trading Platform
Types of Trading Accounts

eToro offers their clients 4 main types of trading account:
  1. Bronze Trading Account (Basic Level)
  2. Silver Trading Account (Intermediate Level)
  3. Gold Trading Account (Advance Level)
  4. VIP Trading Account (Professional Level)
Pros:
To summarize, eToro advantages lies in having:
  • Real Time Trading
  • Demo Practice Account
  • High Leverage of 400:1
  • Low minimum deposit required to start trading ($50)
  • Low Spreads from as low as 2 pips for the major currencies
  • Allow Social Networking to enhance the learning curve




$100 Free Bonus deposit. Start Trading GTO. Deposit Bonus Up to $5000.



Open an account and receive $100

 

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Trade Forex, Commodities, Stocks and Indices 24/7 Make up to 90% in return.

 

 

Sunday, January 22, 2012

Forex trading strategy – MACD and Parabolic SAR


This Strategy is very Simple to identify the trade to enter and Exit.


Currency pair: All currency pair
Time frame: 30 min, 1hrs
Indicators: MACD (12, 26, 9), Parabolic SAR default settings (0.02, 0.2)



Entry Rule:

Buy -Put the order when Parabolic SAR gives buy signal and MACD lines crossed upwards

Sell order - When Parabolic SAR gives sell signal and MACD lines crossed downwards.

Exit rules:

Exit at the next MACD lines crossover /nearby or if the market starts trading sideways for some time.

Disadvantage – Sometimes this does not provide good indication to entry and exit. You need to monitor by taking other indicators

Please share your experience your trade by using this method. There is always an option to improve


anodynes are the answer!       

Saturday, January 21, 2012

Strategy - Fast moving averages crossover

Today I am sharing Forex strategy based on Moving average. This is very simple method that gives you a good indicator to take decisions to buy and sell your trade.

Advantage - This is very good in current market situations and gives a positive income results specially when the market is trending during big price break-outs and big price moves.

Cautions – Not to use during sideway market trend because it provide many false results.

Strategy - Fast moving averages crossover

Currency pairs: ANY
Time frame chart: 1 hour or 15 minute chart.
Indicators: 10 EMA, 25 EMA, 50 EMA.


Entry rules: When 10 EMA goes through 25 EMA and continues through 50 EMA, BUY/SELL in the direction of 10 EMA once it clearly makes it through 50 EMA. (Just wait for the current price bar to close on the opposite site of 50 EMA. This waiting helps to avoid false signals).

Exit rules:

option1: exit when 10 EMA crosses 25 EMA again.
option2: exit when 10 EMA returns and touches 50 EMA (again it is suggested to wait until the current price bar after so called “touch” has been closed on the opposite side of 50 EMA)

Disadvantages: It is not suitable for to predict future market directions and it can change its signals any time