Inside Trade |The Famous of Them All – George Soros

We often encounter his name on the news and articles but did you ever wonder who he is? Well to give you a brief background, George Soros was just regarded as the “the man who broke the bank of England”

Born on the 12th of August 1930 in Budapest, Hungary, Soros experienced an early life full of struggle. He was just 13 years old when the Nazi occupied Hungary during the second  World War and was present to witness and survive the Battle of Budapest in 1945.

2 years after, he then migrated to England where he got his degree on the London School of Economics in 1952. He started his career immediately after he graduated and worked in an entry-level position at Singer & Friedlander. He industriously worked on his career ladder until the foundation of Soros Fund Management in 1970. In 1973, the Quantum fund was established in partnership with Jim Rogers.

The Quantum Fund plundered a huge amount throughout its existence. But the most famous of it was with the British pound sterling speculation in 1992. The event not only stigmatized Soros as “the man who broke the Bank of England,” but also gained an astonishing net profit of 2 billion USD in just a month's time.

At present, the gaze of the investor, philosopher, and philanthropist is upon the euro crisis. Giving out advice on countries in every step of the way.

Forexpress | An Artist of Eight Limbs – Andrei Kulebin

Known to be a deadly dance from Thailand, Muay Thai had gained its fame by astonishing many individuals all over the world with its fancy rhythmic movement using eight limbs.

In the recently concluded Kings of Muay Thai, a Muay Thai tournament sponsored by InstaForex, Andrei Kulebin was proclaimed the king.

Andrei Kulebin is nak muay farang who had already proven himself countless times. He is a 14-times world champion in both the international amateur and professional levels, 5 of which came from the prestigious Muay Thai WMC. Aside from being a known Muay Thai champion, Andre is also a trader.

Self-confidence combined with firmness and the steel will to win is needed to succeed in both fields.

Forexpress | Only a week to go! - Miss InstaAsia 2012

The year long wait is almost over. It will be barely a week to go before the result of the much anticipated annual beauty contest in Asia will be revealed. Another season is nearing its end as the latest Miss Insta Asia beauty contest will be concluded on the 1^st of October.

The yearly search for the crowned beauty started 3 years ago in which had already proclaimed 9 stunning ladies from different parts of world as among the fairest in the Forex realm. Each contestant only needs to register in order to participate and the winner will be determined via a voting system from their co-traders. Who may be included in the list and claim their share in the 40 gran prize? It is up to you to find out and decide, so place your bets now by casting your votes.

http://miss-instaforex-asia.com/en/

Inside Trade | Intro to Resistance and Support

An observation done to the platform may lead to several conclusions. One of which is that the prices is going up and  down from time to time. It often fluctuates on a certain direction, either upward or downward, and on a certain extent.

The price fluctuation is caused by numerous factors and explaining the movement in details will be a very rigorous work.  But what we can do is determine  the size of the movement, the “extent” that was mentioned earlier. Resistance and Support levels determine these values.

Resistance is the value in which the price may go on an upward movement. On the other hand, Support is the value in which the price may go on a downward movement. A capable estimation of these levels gives a really huge advantage to traders. It points out the value of their potential profit and their danger zones.

Please take note that these values changes from time to time and are denoted on certain degrees. There are major and minor resistance and support levels are retested and determined repeatedly.

Venturing on Forex | Watch and learn - InstaForex TV

Keeping updated on the latest news is very important for most traders, most especially the fundamental analysts. Each trading decision is molded through the careful assessment of the current economic climate and acquiring the latest news is very vital.

To gratify the need of the latest information, InstaForex launched the InstaForex TV. The section is composed of 5 sections: Video Interview, Forex TV calendar, TV news, Market TV reviews, and Geography with InstaForex.

InstaForex TV news

Is a daily segment which contains a great variety of news, analytical reports, and interviews.  It inclines the traders to know the latest currency rate movements, trends, the its probable impact in currency pairs.

Video Interviews

contains the latest interviews with famous personalities involved with InstaForex and the internation currency market.

Forex TV Calendar

Reviews from the leading analysts of InstaForex regarding breaks news, events, and trends on the international currency market may be found in this section.

Market TV Reviews

Important events concerning the international forex and stock markets are reflected on this section.

Geography with InstaForex

Join InstaForex explore the globe while participating with prominent international events.

Inside Trade | Fibonacci

In the year 1202, a book entitled Liber Abaci was published by a celebrated mathematician of the middle ages – Leonardo Pisano Bigollo. The book, which may be translated as  “Book of Calculation,”  introduced the Hindu-Arabic numerical system to the western civilization and within that is the Fibonacci number theory.

Fibonacci number is a number sequence which includes 0,1,2,3,5,8,13,21, 34,55,89,144,... and so on and so forth. It is calculated by adding 1 to the first two number which is 0 and 1. After coming up with  the first two numbers, the next number will be a sum of the present and the previous number.

This number is specially exceptional because the numbers are connected by means of a constant relation, particularly their ratio. Every number belonging to the sequence are connected through the golden ratio (0.618 or 1.618).  The golden ratio may be found on almost every corner of the world and in almost any organism, even the human body has this number.

Fibonacci numbers are applied in the financial markets on various ways. But in Forex trading, it is used in determining the Support and Resistance levels. After forecasting the support and resistance level, an attainable target profit and unconstrained stop-loss level may be set by the trader.

Inside Trade | Sizing it up – Trade Volume

Traders often tend to be complacent about certain things in the trade as longs as they gain profit. They often doesn't want to be bothered by, what they think as, irrelevant information but unfortunately that should not be the case. One of those neglected topic is the trading volume.

Trading volume is determined by the number of transaction and the amount that a trader is conducting on a certain period of time. The opened transactions in which will determine the profit or loss in the near future must be carefully weighed and assessed because it can make or break the trader himself.

A heavy volume implies a huge return of investment. But If the volume is too heavy, the capital may not be able to handle the weight thus crushing the capital in the process by means of a margin call. If the volume is too light, the chance to profit will be limited. The traders must determined the amount that he/she is willing to lose and how much the capital could support the weight of positions.

Forexpress | Singapore Finance and Investment EXPO 2012

InstaForex invites everyone to join in the upcoming Singapore Finance and Investment EXPO 2012.
Everyone  interested in Forex and other financial market may attend this celebrated annual event to widen one's knowledge and be updated on the latest happening in the international financial market.

It will be held on October 13-14,2012 at Suntec City, one of the largest shopping center in Singapore.

Aside from current information, Guest will also have a chance to learn about the company services in the InstaForex booth. InstaForex representatives will be present to introduce the company's brokerage services and explain the mutually beneficial cooperation with the company.

But it doesn't end there. Devices will also be raffled by the company during the event and a $30 welcome bonus will given to new clients. So mark your calendars and don't miss out this once in a year event.

Inside Trade | Trading On Long Term

Now that I had mentioned the trading periods in the previous article, I think its just appropriate to tackle the topic a bit further.

Long term trading is known to be the traditional approach in the currency market. Most of the professional traders on the currency realm tend to use this type of trading period for investing huge amounts.

You may be wondering why is that so? Long term trading involves careful analysis because the movement of the positions are quite limited. Investors are most likely to use fundamental analysis which is mapped mainly according to expected news. Long term trading are meant to ride the primary trend. It may last from several months up to more than a year which will require a huge stock of patience in the investor's part.

One of the perks of long term trading, aside from the time leisure of carefully planning your movement, is the lower risk involved compared to the other terms. Since the movement are quite limited, the risk of loss is also reduced. Investors may provide certain measures once there is an impending unfavorable stride in the market.

Inside Trade | Let Me Handle This – Expert Advisors

Any individual will be surprised if someone tells them that they can “ get into” Forex by themselves even if they don't know how to trade. Well to be honest, it's really quite possible.

Expert Advisors, sometimes referred as robots, is a mechanical trading system (MTS) designed to conduct trades even if its user has no knowledge on trading at all. If you're really new to Forex or you're just someone who wanted to invest in the currency market then you may consider using this one.

Expert Advisors opens and closes positions based from signals given by the market. It is the fruit from the vast knowledge and experience of traders who combined their knowledge and skill with the art of programming. The trading system is converted to the language of programming then it is applied on the trading platform.

The beginners has 2 benefits when using a robot. First, you can start trading right away even if you still don't know much about the trade. Second, expert advisors gives a deeper appreciation of forex because it shows you how to trade which may also be taken as an education material.

Inside Trade | Medium Trading

One of the requisites for successful trading is choosing a term suitable to your personality as a trader. The trading terms are categorized according to how long the it will take to complete the trading transaction. Long-term, medium-term, short-term, and super short-term are the 4 basic categories.

Medium-term trading are best for traders who cannot glue their eyes permanently at the screen and at the same time turns impatient after a short while. The term usually spans from a matter of days up to a  week.

It is really applicable to both seasoned and unseasoned traders because it connects both ends. Seasoned traders often trade in long-term positions while newbie often go with the short one.

Venturing on Forex | Withdrawal and Deposit

“you reap; what you sow”

During the summer season, farmers may already be seen out on the field even before the break of dawn. They rose up early to plow and tend the land which will be used to plant the seeds.  Investments are like those seeds. It is a thing meant for the future.  We stack and put those money in use, in hope to gain something more valuable in return. The tremendous effort that is exerted to plant the seeds is expected to provide a bountiful harvest in return.

In InstaForex, the seeds will be planted in a form of money deposit. Those deposits will be then traded in hope to gain a substantial amount in return. There are various ways to deposit in your account, depending on your preferred means and location. The payment procedure usually takes in a span of 1-4 working days and certain points must always be remembered. The payments system and currency of the deposit should be the same whenever money is deposited in the trading account. If you are having a hard time in finding the deposit page, please refer to this link: https://secure.instaforex.com/en/deposit.aspx.

After a long striving day of trading, it is always a joy to harvest the fruits of our efforts. We hope to acquire the very thing that pushes us to rise again and again after  disastrous defeats  – Profit. The prized achievement that does not only boost our very own ego, but also allows us to live and strive for an another day is acquired through the process of withdrawal. Our garnered profit may be withdrawn in a matter of 9 hours up to 7 working days depending on the payment system. The rules mentioned earlier also applies in the process of withdrawal. The withdrawal page may be found in this link: https://secure.instaforex.com/en/withdrawal.aspx

Inside Trade | Metals

Currencies are not the only instrument traded in Forex. Precious metals which serve its value as a reliable investment instrument and a very good industrial commodity is also being transacted. Gone are the days wherein the the gold determines the value of the commodity. But it doesn't mean that it ended there.

Metal are ranked and traded in troy ounces. The first one on the list is the gold followed by the silver, platinum, and many other more. The metal operations are conducted in various ways. It may be spot, swap, and forward deals.

Metals are mostly used as an instrument for speculations, for hedging purposes, and risk diversification.

Metal trading is also similar to forex. It is available round-the-clock and dictated by the demand and supply in the market. Its similarity to Forex is even visible in the way that it is traded. Moreover, the fundamental and technical analysis also applies to it. Macroeconomic indicators that defines the economic and political atmosphere dictates the price of metals. Technical Indicators are also applicable in speculating the price movements of metals.

The gold, which ranked first, served as safe haven whenever the greenback has a negative outlook. Silver, who took the next spot, has a lesser value but has faster growth rate compared to the former.

Inside Trade | Forex Participants

The vast field of currency exchange are composed of immeasurable number of participants. The over-flowing transactions that sums up to billions of dollars everyday is a concrete evidence of it.

The immeasurable currency market's participants are classified into two groups: Active and Passive.

Active participants are referred as market makers either because of the their ability to set prices; or by becoming a major participant through the heavy volumes of their transaction. This cluster is mainly composed of commercial and central banks, and major brokers.

On the other hand, Passive participants are referred as market users because they are only capable of using the services available in the market. This includes investors like us.

Brokers and commercial banks are in the center of things whose role is to connect the active and passive participants in the market.  The Central banks regulates rates which in turn will be passed on to the investors by means of commercial banks or brokers. Central banks may at certain times intervene to  strengthen or weaken a currency. One of its example is the ECB's planned intervention to save the euro.

There are also other notable market players aside from brokers and banks. The import and export companies are also considered as major players in the market because they are constantly using the currency market in their business transactions. They are both consumers and providers of different currencies at the same time.

Insurance and investment funds who are handling asset portfolio are players as well. International transactions are most commonly done in huge volumes thus resulting to a large volume of exchange.

Inside Trade | Distinction between the Stock market and Currency market

The two financial markets, stock and forex, are closely linked with each other and its not really surprising if similarities between them arises. But we'll tackle that some other time and instead focus on the difference between them.

The financial instrument

Both markets are involved in trading. The techniques and certain indicators used in trading apply to both of them but there is a difference in the instrument being traded. Currencies are being exchanged in Forex while securities are being traded in the stock market

Participants

Participants in the stock market are required to find each other. This complicates things because the loss may increase substantially if the traders won't find each other in time.

Location

The trading of stocks may only be done on stock exchanges unlike Forex wherein trading may take place as long as there's an access to the internet.

Leverage

Margin trading is not applicable to the stock market. A trader may only buy a stock that his/her money can afford.

Working hours

Since trading in the stock market are situated on stock exchange centers, there's an opening and closing time. The time to trade is limited unlike forex wherein trading is done 24/7.   

Forexpress | Best Trading, Luxury Driving

A brand new five sitter mid-size crossover from Porsche is being given away by InstaForex in its “Best Trading, Luxury Driving” contest. Early this year, the company has already given a brand new Lotus Evora in their “Fast Ride from the Best Broker” contest.

The luxury vehicle that is being raffled up to September 27,2013 is a brand new Porsche Cayenne which will surely make traders drool like the last time. The future owner of this premium class vehicle will be randomly drawn by means of a transparent algorithm called Porsche number.

In order to participate in the campaign, traders must replenish their trading account with InstaForex with at least $1,500 and fill up the application form in the registration page. If you are a member of InstaForex Club, you are only required to deposit $1000 to join to the contest.

Inside Trade | Acquaintance with the emotional wave – Elliot Waves

Expansion – enthusiasm – euphoria – recession – depression; the emotional chain that dictates both traders and prices. Ralph Nelson Elliot, in his study of the stock market, discovered that the crowd behavior has a sequence and revolves in a cycle. It is made up of 5 waves, 3 of which are known as the impulse waves which is directed to the main trend and the remaining 3 are called corrective waves which are directed against the trend. After the main trend has fully developed, there are 3 waves that will develop to correct the price movement.

In the image above, the waves labeled with numbers 1,3,5 are the impulse waves while 2,4 are corrective waves. As a rule, the longer the impulse waves are the longer will be the corrective waves.
 Meanwhile, the waves labeled with letters are the ones that will correct the price movement.

The point of this analysis is that the price movement has a natural and cyclical flow. As traders, our only objective is to identify these waves and use it to our own advantage.