Archive for February 15th, 2010

Easy Forex – We Take A Glance At Easy Forex

Easy Forex has been in the online forex trading for almost a decade. Since its inception in 1999, they have seen their customer base slowly growing as traders opt for Easy Forex over most other forex brokers. In the old days, Easy Forex had a very simple strategy as an online forex broker. They have always tried to make online trading an easy and straightforward affair for their customer base. Because of this, they did not have a forex trading platform for download. Rather, their website was the platform clients used to put in their orders.

Upon visiting their website, users had a number of details to fill in before the order could go through. Their homepage was designed with simplicity in mind. Users normally report that all the information on their site is easy to access.

In the past, the spreads offered by Easy Forex were not very impressive as they were a bit higher than other major online forex brokers. Thankfully, they have rectified that problem and now have very competitive spreads.

But spreads are not the most important criteria when choosing a reliable forex broker. There are no problems here either as Easy Forex has weathered many storms and still survived for nearly a decade. Which is a good indicator that Easy Forex is a stable and safe online forex broker to invest with. They have been granted full regulation in Australia, America and Europe.

This broker also offers a number of advantages to their customers as well. They offer a full 12 base currency accounts unlike most other top brokers which typically offer only four or so. You can open an account with them in the US dollar, British Pound, Japanese Yen, Euro, Singapore dollar, New Zealand dollar, Canadian dollar, Australian dollar, Norwegian Krone, Swiss Franc, Israeli New Shekel and the Polish Zloty. A very wide list.

They also offer their clients the ability to trade some commodities such as gold, silver, heating oil, crude oil as well as gas oil. Should traders need to make a withdrawal, there are no fees. Other top brokers usually charge a fee ranging from 20 to 40 dollars per withdrawal.

Having a java based platform means the ability to trade from all corners of the globe. No downloads are needed. During trading, customers have the ability to freeze the rate for a few seconds before actually putting in the order. This ability is only available to Easy Forex customers. This is welcome as the prices may be fluctuating too fast making it difficult sometimes.

Like most popular brokers, they also offer a free forex demo account Combined with the fact that they have survived for so long in the competitive business of online forex brokers, the staff at i-Forex-Trading.com feel that Easy Forex is a reliable broker to trade with.

A detailed overview on easy forex along with a wide selection of popular Forex Brokers can be found on the authors forex trading website.

 

Darvas Ghost Boxes – Trading Made Easy

Modern Darvas uses a technique called ghost boxes to handle some other aspects of modern volatility. In Darvas’ time, stock market rallies that drove up the price rapidly were rare. However, in modern times, news of breakout stocks travels much faster, leading to higher volumes of trades in shorter periods of time.

Ghost boxes are employed when a stock will break out of a box and not form another box for some time. The danger here is that the Darvas method dictates that a stock should be bought when it breaks out of its box and the stop-loss order should be set at the bottom of the box. But if no valid Darvas box forms for some time after the stock breaks out and continues to rise, there is the potential that a trader could lose a great deal of profit. Darvas was very strict about moving his stop-loss orders. He felt that the box method should be the only influence that set the stop-loss orders. However, Darvas’ method needs to be adapted slightly to account for today’s rapidly moving markets.

The solution to this modern market tendency is to use what is known as a ghost box (we’ll call it GB from here on in). The first issue to consider when using a GB is to decide whether or not the conditions are right to apply one. It is important to be confident that the stock is going to continue the Darvas trend. Although if a trader is wrong and applies a GB, this will still help to preserve his profits.

A GB is used by first measuring the height of the initial Darvas box. Then, a GB is formed that is the same height, and the bottom corner is applied to the top of the initial box. Once this is accomplished, the stop-loss order is updated to be the bottom of the GB.

The GB is basically a means of applying the most recently confirmed volatility range to a stock. In modern markets, stocks will often rally unexpectedly as a result of breaking news or instability in certain parts of the world. The job of the GB is to ensure that a sudden rally and recession does not leave the trader caught unprepared. One of the advantages of the Darvas method is that it requires minimal management under all circumstances. The GB uarantees that even while there is no valid Darvas box to guide the stop-loss order the trader’s profit will be protected.

If a rally happens when no valid Darvas box forms, a GB that raises the stop-loss as the stock rises is a reasonable solution. The height of the GB should be the same as the height of the last valid Darvas box. As the price continues to rise, the trader can continue to stack the ghost boxes. Of course, the same rules that apply to the Modern Darvas boxes apply to ghost boxes.

Find out more about Nicholas Darvas. Visit www.darvassecrets.com today.

 

Forex Cash Evolution Review

Would you like to know more about the automated forex robot called Forex Cash Evolution? Having spent the past couple of years testing the advantages and disadvantages of using Forex trading robots, I have finally seen the flaws of most robots and how they are being eliminated in this new software. Almost everyone has to become a Forex trader at some point of their lives when they exchange their own currency with another country’s currency when they travel.

1. How Do You Make Money Trading Currencies With The Forex Cash Evolution Robot?

This software operates in a trading market that holds billions of dollars transactions every day. Today, more and more beginners want to be part of Forex trading, only to end up losing a lot of money because they did not learn the proper strategies. Every currency pair has a rate against another currency, and profit is made by trading the currencies against one another when their rates fluctuate.

2. What Are the Tools You Can Expect to Find Inside Forex Cash Evolution?

Jeff shares one of his most accurate analysis indicators called Forex-Explosion-X. It identifies optimal buy and sell signals that have helped me tremendously in timing my entry and exit prices more accurately. With the same number of trades in the same directions, I can make smaller losses on my losing trades and bigger winning trades by simply timing the market with more precision using this indicator.

3. How Much Money Does the Automated Forex Cash Evolution Typically Make?

On an average trading account of $10,000, this robot has generated an average of $292,000 returns annually, assuming the returns every month are reinvested and not taken out. This has turned its owner’s initial $10,000 trading investment into $9 million within less than 10 years, showing a very consistent profit over a nine year chart. Results show that the software is capable of working to protect against huge losses and profit from trends in all market conditions.

This is a robot that anyone can use to profit from as it does not require the need to have any prior experience. There is 24 hours support provided for all its members to remedy any problems quickly. If you are interested to find out more about Forex Cash Evolution, you will definitely want to see the limited time Forex Cash Evolution Bonus Download at the link below first.

Is Forex Cash Evolution a scam? Visit http://forexcashevolutionreviewbonus.blogspot.com to read a report about this new Automated Forex Robot to find out the truth and get a complimentary FREE Forex Cash Evolution Bonus Download worth $1,042!