WinTrader Buy Sell Signal Software Tag: base rate currency pairs

First we have to discuss about stop loss and then the trailing stop loss.  The stop loss is mandatory functional key points that are used while trading. A stop-loss order helps you to protect your profit and limit your losses. Some of the traders are not believe in stop loss because of their fear. They are not put stop loss properly. But we cannot predict the nature of a particular trade if u don’t place the stop loss correctly it may give you a huge loss so it’s better to set the stop loss value. A stop-loss is an order to sell a security when it reaches a given price. Stop-loss sell order is designed to limit an investor's stop loss on a particular stock. The stop loss can be divided into two categories. Trailing stop loss and manual stop loss. The manual stop loss can be placed by our own view according to the market movements in the case of trailing stop loss it can be automatically changes according to the market changes they are very helpful to the professional  traders. A regular stop-loss must be changed manually rather than trailing stop-loss. Trailing stop-loss is adjusted automatically based on predefined amount or percentage. The stop loss is very fear full to some customers. Do not fear about stop loss it will help you a lot. The main drawback of manual stop loss is that a common man cannot predict the nature and flow of the market it has its own structure; a single trader is beyond the market condition. We have to go through with the market and not go against the market condition it may leads to the complexity in trading life. If we put stop loss according to our point of view without any technical analysis there is no use of it. In most of the trading software’s they are…

  Did you ever think why we are learning road rules before drive a car.?Yes we need to avoid the crashes. If you are in the wrong side definitely there is a chance to crush. Each trader is drivers they are driving their future through the trade, so they should follow some certain rules to go properly. Every trader was a loss trader at their earlier. Means the fault in trading usually happen in the starting time. Why it happens…? Because we have to fall first then we learn how to stand. But there is common reason for their failure, that is, every traders entering in to trade without sufficient knowledge about trade. Sometimes they might lucky and be successful for a while. In the life of every human the luck factor will come ones. But as a trader if you wait for the luck again definitely you will be in great crush. Before discussing the fault of trader I would like to share why most of the persons love to do trade even if it is risk. Because they thought that it’s an easy way to become rich and giving total freedom for us there is no boss and no time schedule. Above all there is no need specific academic qualification. Full freedom to work.  This is exactly right. Trading offers a wide range off opportunity for you. But these factors make the traders lassie and undisciplined. Let see how. Don’t think trading make you rich within few days. There is no one in the history of trade who won in a day because trading is the way to lose money than make money. So every trader should have an ability to act by realize this truth. To become rich is a need but it is symptom of greediness also. This…

In the derivative market two types of options are available, the call options and the put options. Call options are contracts which enable you to buy at a specific price in future. Similarly put options are those contracts which enable you to sell at a fixed price in the future. First we can discuss about how call option work in derivative market. Call option In call option, you can buy a certain amount of shares or an index, at a predetermined price, on or before the expiry date. This predetermined price is also known as the strike price or exercise price. Expiry date is the date before which you can handle your position. For availing this facility, you have to pay a minimum amount to the seller/writer of the option in the exchange. This is necessary for minimizing loss of a seller/writer. This is essential because the writer of the call option may loss if the market price is rise beyond the strike price before the expiry. And the seller is forced to sell you shares at strike price even if it is loss. The premium payable amount is also driven by the market. Following are the main features of call option. Specifics: For buying a call option you must place a buy order with your broker specifying the predetermined price and the expiry date. Also specify the amount that you are ready to pay. Fixed Price: Is also known as strike price or exercise price, the fixed amount at which you agree to buy the assets in the future. Option Premium: It is the premium amount you must paid first to the exchange, which then passes to the option seller. Margins: You can sell call option by an initial amount not with the entire sum. Also you have to maintain a…

  Keep in mind the following things before thinking about profiting in bullish and bearish market. First create a favourable group of stocks which can give you potential profit. Concentrate mainly on buy in stocks which shows continuation-type buy patterns and do reverse for the bear market. Before entering an order set a protective stoploss. If the market is so far then it is better to look for another stock or wait for a safer level to purchase.  Traders should always be aware about the four stages of market. That is basing area, Advancing phase, top area, and declining phase. Basing area and Advancing phase is not suitable for sell similarly top area and declining phase is not suitable for buy. Always go with message being supplied by technical approach if there any conflict between price volume action and the earnings. Always keep monitoring your self performance by note down it in a diary and analyze your action and keep modifying it. Daily time frame is commonly used by short traders, and weekly is used by intermediate traders. Intermediate traders must follow the below rules. With an insight to next major move make a pattern by looking at each high-low-close pricing. Expanding on breakout and large volume is very important while observing the volume plot. Observe 30 week moving average if price below declining 30 week moving average never go for a long trade, similarly never go for short if price above rising 30 week moving average. Go for long trade during uptrend and go for short trade during downtrend. Four stages of market Basing area: In this stage 30 week moving average begins to flatten out. Volume become small and trend start sideways. Advancing phase: Price rise above resistance level. An impressive volume will form at this stage. This is the…

  It is every traders dream to quit his job and make a living with trading from home. There will be no boss and will be lots of money and time. In your current job you may work for long hours. After this long time commitment and back home, it may left you totally drained.At that time think about take trading as a full time job. In today’s market trading is not a high barrier-to-entry field, one who has ambition and patience can trade and can take it for a living. Nowadays anyone can start trading with little to no money. Due to changes in technology and increasing volumes on the exchanges convert the high-barrier-entry field of trading into the low-barrier-entry field. There are two cases, requirement of a small amount of personal capital to get started the trading carrier and the other is no personal capital requirement. Anyone in the world can open trading at anytime because the market is so interlinked and any of these markets can be accessed with relative ease. Which implies even people with full-time jobs or children at home can trade with ease. It is only the matter of finding good market and different market opportunity. But we can’t completely say that trading is an easy business, it requires extreme care and preparation to stay in for long time. You can find different trading alternatives when you look for such alternatives in today’s market. But the matter of success will depends on you. You should capable of separating them such as which option can be used for a living and which one can be used for generating an additional income. For being a successful trader one needs to develop good trading rules. The combination of rules is more powerful than a single individual rule. The succeeding…

Why are traders demanding for scanning facilities in Technical Analysis Software, whether this facility is good or bad for trading success? Making money from trading is not an easy part or get quick rich scheme. Making profit from trading needs proper planning, financial management and proper tool for technical analysis particularly for day trading. But the majority of people who are trading or enter into trading professions with the prejudiced mind of making money from trading is an easy part. Don’t you ever think about that, if making consistent profit from trading is easy, then everyone will be rich in no time? The truth is only 5 to 10% of traders are making consistent profit from trading because of that they are called Professional traders. So what are the specialties in Professional traders that we don’t have to make success in trading? Suppose consider two traders, and two traders have the same technical analysis software to support their trade decisions like entry and exit points.  Among those two, one has ended up in total loss and another in continuous profit, and then what will be the secret of second trader’s success. If we evaluate both of them, then we will find out that the secret lies in his financial management and discipline. Now we can look what is the key point in proper financial management and discipline in trade success.  The key things to remember or taking in to account for the trade success under proper financial management and discipline are; Selection of segment you are trading like MCX, NSE, FOREX or all Investment allocated for each segment Scrips / Commodities / Currency Pairs selected for trading and the fund allocation to each Describing all these need lots of time and things to convince, but our topic is whether scanning facility is…

  As a trader you know the importance of risk and reward. Risk and reward is directly proportional. More risk means more reward. Actually risk is the sum of your work that you did or plan to do for your trade. The risk is determined by the terms of stop loss order. The difference between your entry point and your stop loss order is your risk in trade. Here a common question will arise in the mind of many. How can you calculate your risk and reward ratio? It is simple by placing the stop loss in a logical way in your chart according with your strategy. Keep one thing in your mind. Don’t choose your stop loss and target randomly. If you choose them randomly, it is dam sure that you will be in loss. That’s why the experts or the professional traders take more care in their execution in putting stop loss and targets because it can determine your profit. Then why should you lose your gains due to your careless? So if you need to make profit in your trading you must follow a proper strategy. Which is favorable for you? Only a proper plan can make you in profit. Where should you enter and where should you exit is very important in trading. A good execution can make better income in trading. Your approach towards trading is also important. Here you should have clear idea about where and why you putting the stop loss and targets. But you should make sure that your strategies are moving with the movement of the market. So you should have a proper plan in trading. Here you will find a way to execute your trading plan. Then you will get professionalism in trading. In many cases people have over fear or over…

  In trading it is important to maintain stop loss and target efficiently because each one is important in its part. From word you can understand that it stops your loss. It is very important to have proper target prices and stop losses set before you purchase a share. Stop loss is a buy or sell order which gets triggered automatically, once the stock reaches a particular price. The focus here is to limit the loss on a secured position. Stop-loss is used to minimize the loss of a trader. Assume that you have bought a share at Rs 1000 and you have decided to accept only Rs 50 loss so place a stop loss at Rs 950, so when this price will reach your share will be sold in market. Suppose the price goes more down towards Rs 900 then you do not have to face more loss as your share is already being sold at Rs 950. For a Sell, the limit price must be less than or equal to the trigger price. If for a stop loss order to buy, the trigger price is 930 the limit price is 950 and the market price is 900, then this order will be released into the system once when the market price reaches or exceeds 930. Let’s analyze the another example, Suppose you have bought a share at Rs 10 and you have decided to accept only Rs 2 loss so place a stop loss at Rs 8, so when this price will come your share will be sold in market. Suppose the price goes more down towards Rs 8 then you do not have to face more lose as your share is already being sold at Rs 8. If you are wish to having your trading is in a right peak so you have to put the target price efficiently but all the time it is not…

Below you will find a list of economic events for the week ahead (June 05,2016 to June 11,2016) - economic events can have a direct effect on volatility which may affect your trading. (Timezone: GMT 0.0, DST off) Date Country Event Impact Previous Consensus Sunday Jun 05, 00:00 Denmark  Constitution Day Sunday Jun 05, 01:00 Colombia  Consumer Price Index (MoM) Low 0.50% Sunday Jun 05, 01:00 Colombia  Consumer Price Index (YoY) Low 7.93% Monday Jun 06, 00:00 Colombia  Sacred Heart Monday Jun 06, 00:00 Ireland  June Holiday Monday Jun 06, 00:00 South Korea  Memorial Day Monday Jun 06, 00:00 New Zealand  Queen's Birthday Monday Jun 06, 00:00 Sweden  National Day Monday Jun 06, 01:00 Australia  TD Securities Inflation (YoY) Medium 1.50% Monday Jun 06, 01:00 Australia  TD Securities Inflation (MoM) Medium 0.10% Monday Jun 06, 01:30 Australia  ANZ Job Advertisements Low -0.80% Monday Jun 06, 06:00 Germany  Factory Orders s.a. (MoM) Low 1.90% -0.60% Monday Jun 06, 06:00 Germany  Factory Orders n.s.a. (YoY) Low 1.70% Monday Jun 06, 07:00 Austria  Wholesale Prices n.s.a (MoM) Low 0.80% Monday Jun 06, 07:00 Austria  Wholesale Prices n.s.a (YoY) Low -4.70% Monday Jun 06, 07:00 China  Foreign Exchange Reserves (MoM) Low ¥3.219 Monday Jun 06, 08:30 European Monetary Union  Sentix Investor Confidence Low 6.2 7 Monday Jun 06, 09:00 Spain  House Price Index (QoQ) Low 0.30% Monday Jun 06, 09:30 European Monetary Union  Targeted LTRO High 7.3 Monday Jun 06, 11:30 Chile  IMACEC Low 2.10% Monday Jun 06, 12:00 Russia  Consumer Price Index (MoM) Low 0.40% Monday Jun 06, 13:00 Mexico  Consumer Confidence Low 88.9 Monday Jun 06, 13:00 Mexico  Consumer Confidence s.a Low 89.4 Monday Jun 06, 14:00 United States  Labor Market Conditions Index Medium -0.9 Monday Jun 06, 15:30 United States  3-Month Bill…

PIP stands for (Price Interest Point). For calculating PIP value of selected currency pair, first need to know in which category your selected currency pair comes.  In FOREX trading there are two currencies included and its called Currency PAIRS.   These currency pair symbols are came from their three letter ISO symbols like USD, JPY, GBP, etc. FX Currency Pair contains two currencies. The first currency called "Base Currency " and second one called "Quote Currency". The value of  currency pair in FOREX Trading means the value of Base Currency in the Quoted Currency. For Example EUR/USD has value 1.11710 means 1 EUR = 1.11710 USD. Following are the three category you must know to calculate the PIP value of your selected currency pair. 1. Direct Rates In the currency pair, the Quote Currency (Second Currency) will be USD called Direct Rates. For example EUR/USD, GBPUSD, AUD/USD, etc. Following are the calculation for Currency Pairs in direct rates category. The formula for calculating PIP value in Direct Rates is, PIP = Lot Size x  Tick Size The standard size of a Lot is 100,000 and Tick Size means smallest possible change in Price. Below shows an example of calculating One PIP value for One Lot of EURUSD currency pair. 1 PIP = 100,000 (Lot Size) x 0.0001 (Tick Size) = 10USD. Example: 1 Lot of EUR/USD Buy @ 1.1175 and Sell @ 1.1180 Calculating Proft/Loss in direct rates is calculated as below, Profit/Loss = Sell Price -  Buy Price 1.1180 (Sell Price) - 1.1175 (Buy Price) = 0.0005  (P/L) = 5 PIPS Profit One PIP in One Lot of EURUSD = 10 USD So the above trading gives 5  PIP x 10 USD = 50USD Profit. 2. Inirect Rates In the currency pair, the Base Currency (First Currency) will be USD called Indirect…