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Forex Trading Software

Trading in foreign currencies including the global currency exchange in order to collect profits or hedge against currency risk. What the foreign exchange market continues to attract a growing number of investors as a result of the possibility of high profit and because it registers today exchanged daily $ 3 trillion around the world, and is very well known market also high Bassiolth. But investors who seek to make huge profits in a short period of time tend to risks associated with the market to ignore. In order to be protected from losses, the investor can choose from many trading strategies in foreign currencies.


Trading strategies more popular in foreign currencies
Foreign currency trading strategies essential for successful trading, and can understand those strategies that make a significant difference to what can be achieved from the profits in your business in the foreign exchange market. And the following strategies are some of the foreign currency trading strategies available to investors:

1. Leverage strength. While the crane enables traders to trade power greater than have the amount in their account, they are exposed to greater risks. But you can exploit the best of the crane power system (and sometimes up to 100 times the amount that is in your account), and you protect yourself at the same time of heavy losses and that your use of the trading strategy. That strategy includes the exploitation of the power lever commensurate with your experience in trading.
2. The stop-loss order. And the other is a strategy widely used in trading in foreign currencies and which enable investors to limit their losses. This strategy helps to put price reached a predetermined level so as not to allow the center to remain open when the price reaches a specified level of stop loss.
3. simple moving average (SMA). Is the ability to read information from the previous graphs are very basic in trading in foreign currencies. Usually it generates average move automatically to the simple by trading platforms in foreign currencies. At the moment the currency price moves above the simple moving average, represents a time to buy, and when the price drops below the simple moving average, it is the time of sale.
4. Support and resistance. And levels are leaning market price of a currency to access them frequently, but fail to move above or below it. It can identify those levels by studying historical data for a pair of currencies.

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