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Play Free Forex and Analysis

Minggu, 24 Maret 2013

How to Play Free Forex Analysis + Simple Example

How to Play Free Forex Analysis + Simple Example
The big difference in the currency exchange rate of each country and constantly changing business fields make up, ie buying and selling foreign currency, known as forex business. The promise of a benefit to make people more and more interested to get involved in this field.
A. What is forex trading
Forex stands for foreign exchange which, when liberally construed means foreign currency or in the Indonesian language of ordinary people call or valas.Sedangkan foreign exchange trading are commonly called forex trading, currency trading is taking place constantly and continuously so that in time will produce the desired benefits as well as the great risk is always lurking.
Forex trading takes place for 24 hours non-stop, this business is growing rapidly with the support of online internet services so that businesses can run a business at home or anywhere, anytime.
Then where the advantages to be gained from forex tradingProfitability of this business is to exploit the difference in the exchange rate of a country's currency against other currencies.
B. Starting forex trading Gratisan
From the above mentioned that how forex trading can be run online from home or anywhere, anytime.
There are many online forex trading services providers please do a search on Google or Yahoo and enter the keyword "forex broker", "forex trading", "forex business", and others. However, I think after trying a few forex brokers apparently suitable for us who are beginners are instaforex, because there are no menus more simple, complete, easy to play, suitable for those of us who are beginners in the analysis is quite simple and with small capital (if you want real trading).
To begin with you have to download the program trading application and install it first on computer and then do the registration process further please do trading, in which case I would suggest using the free trade first (demo), because if you do not feel the Demo trading then you should not play in real trading, risk can be lost due to not been able to master the analysis.
C. How do I register instaforex for free forex trading?
Here are 3 simple steps you should do:
1. Register (click here)It will be entered into Instaforex page, select For Trader - Open Account, then click, click on the Accept Terms of Agreement.

 
Sign in instaforex
2. Next, follow the guide filling the form as follows:

 
- Fill complete form based on ID (ID Card)
- The email address and mobile number must be valid (that still apply)
- Password and password for the phone itself. Combination of letters and numbers
- Account type: Standard
- Trading server location: UK, otherwise there could choose Singapore. But prioritizing Server UK
- Laverage: 1:1000
- Account Currency: USD
- Swap free in check
- Enter the code: EFES

Lastly, Check "I Agree ..." and Click "Open account"

Later will come a confirmation letter containing the login number, password trader, phone password, pin and password investors. All the data in the block then please copy and save it as a file on your computer.

3. Forex account data should not be lost, because the data is very important to process financial transactions with the Instaforex, keep it in a safe.

4. Furthermore, meta tradernya software download (download link at the bottom of the page instaforex when you register with the words "Download Trading Terminal").


5. Once you download the application directly metatrader installed on your computer. (preferably with Indonesian setting for easy).

Finish install meta trader, you can directly Start Trading (login to your account before your registration). But again I emphasize, for the first prefix should be trading with a free / demo.

To start trading forex free / demo first create a demo account, see picture following guidelines:

 
Creating an account to start trading


6. Fill in the data to create an account / trading account.

 
Fill in your details   
 
Choose Instaforex demo

 7. Done, now you have an account to start trading Free / Demo. Demo has appeared


 

Demo has appeared To start trading demo / free, just click on the demo account, then login.
Next, create the first indicators moving average (MA) for your trading chart page, you can set the indicator itself, example: from indicators to per-hour, per-4 hours, harian/24 hour, weekly, monthly, and yearly.
 

 
 Create indicators MA
Once the indicator ready, you can click on the graph displays to check out and start learning to analyze.

D. Simple Forex Analysis
One of my tips for beginners, you should first start playing short time (a short time) in order to practice the analysis, then you should just do a transaction / trading market entry when the graph is good, for example:


  
 
 For example, based on the image above; few minutes after the crossing of MA / indicator units at the daily indicator, then it turns out the graph looks up, then when it would be great if you enter the market and take the position of "Buy".

Then, the second scenario, if it turns out after the Crossing (in our example) tend to decrease the graph turns doing "Sell".


Simple analysis above example I practice good success in trading demo / free and in real trading with moderate investment and profits above 50% per week.


The above example applies to all currencies are traded, especially for short time. If you want long time (played in a long time) then the analysis shall be accompanied by another analysis (please googling for examples of analysis in forex) both technical and fundamental aspects.

Good luck with a free forex trading, may be useful.



E. Actually Trading


Then, if you feel sure you're able and willing to trade for real, then immediately fill InstaForex account and traded.


Broadly speaking, how to get started:


1. Create an account to deposit into instaforex LR (click here)


2. Create an account Swap duid to fill your LR (click here)


3. Transfer from account to account duid exchange your LR


4. Deposits from LR to InstaForex account, and ready for trading.

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