Showing posts with label leading industrial nations agree. Show all posts
Showing posts with label leading industrial nations agree. Show all posts

Thursday, June 12, 2008

Forecast and Win an Account


Get a Free Real Account

Through Sigma indicators you can forecast the upcoming prices of the pairs & get a chance to win a $ 50 live Sigma account.

For participation please select the pair that you are predicting for it, then fill in the following form & don't forget to write down your
forecasted price.

Sigma Forex encourage the clients to study and analyze Forex Market by giving them more promotion and more chances to begin trading at
Forex Market.

  • First: Choose one pair from the platform.
  • Second: Try to use Technical and Fundamental Analysis to predict Friday's closing price for this pair.
  • Third: Write down in an email the following data:
1) Your Telephone Number
2) Your First and Last Name
3) The Chosen Pair
4) The Predicted Price
5) Your E-mail Address

Market Analysis

Market Analysis

In FOREX Market the news divided in two categories; technical news & fundamental news, after collecting the data about this news you have to distinguish between the previous news, forecasted (predicted) news & Actual news.

Then you will see a war between the bull (raise in prices) & bear (declination in prices) that cause fluctuations in prices according to the demand & supply between traders & brokers.

(1) Fundamental Analysis

(2) Technical Analysis

Pricing

Pricing

Price reflects the perception and action taken by the market participants. It is the urgency between buyers and sellers in the trading pit that creates price movement.

Thus, all fundamental factors are quickly discounted in price. Therefore, by studying the price charts, you are indirectly seeing the fundamental and market psychology all at once - after all the market is feed by two emotions - Greed and Fear and once you understand that, then you begin to understand the psychology of the market and how it relates to the chart patterns.
Data Window.

Most computer programs will display a small box of data usually called a display window which will contain the following items:

O = Opening Price
H = Highest Price
L = Lowest Price
C = Close or Last Price
Tr = Volume or number of trades (not contracts) in that time period.

24-Hour Trading

24-Hour Trading

Forex is a true 24-hour market, which offers a major advantage over equities trading. Whether it's 6pm or 6am, somewhere in the world there are always buyers and sellers actively trading foreign currencies. Traders can always respond to breaking news immediately, and P&L is not affected by afterhours earning reports or analyst conference calls.

After hours trading for U.S. equities brings with it several limitations. ECN's (Electronic Communication Networks), also called matching systems, exist to bring together buyers and sellers - when possible. However, there is no guarantee that every trade will be executed, nor at a fair market price. Quite frequently, traders must wait until the market opens the following day in order to receive a tighter spread