WinTrader Buy Sell Signal Software Category: Uncategorized

  To become a successful trader in any market, it is very important that you must have a strong knowledge of the world economy. There are many different ways to improve your knowledge in world economy to trade in the current market. There are a lot of books and internet from which you can understand about this. If you are planning to do trading as full time job you must broaden your knowledge. So before you select a trading platform make sure that it has an up to date information, chart and graph to get current notifications of the world economy. So that you can find out the correct entry and exit points in accordance with change of economical status. There are many factors which can affect the world’s economic system. They are political events, natural disasters and war. The economical status of the country does not affect more powerfully to all the markets. It mainly affects the FOREX market. You should have a clear idea about the political situations of the country whose currency is you traded. Sometimes the situations of election or the appointment of new president and all can affects the decreasing value of foreign currencies. Because they take time to come on the way.  Natural disasters are hard to predict. It also affects the value of the currencies. So when you do trade in currency trading you must have a clear idea about how to leverage your investment in uncertain times. During the war there can be economic upside. What I said is that you should be aware of all these things when you trade in the FOREX market. Foreign trade plays an important role in our economy. There are many changes in the world economy, that is interest and exchange rate or new technologies and innovations can…

  Traders have a vast area of trading options to select. Trading can be divided into many categories. They are intraday, short term position or long term position.  All are not doing the same. Some are doing the short term, some are doing the long term and some others are there, they hold for years and get profit. Intraday trading ends up in the same day itself, short term position traders hold the shares for few weeks and the long term position traders can hold the shares for weeks and even for years also. Each trading options have its own advantages and disadvantages. Technologies have also had an influence in trading. Nowadays all are interested to do the online trading and follow the online trading strategies. Here are some of the online trading options and their benefits. First is the day trading. As I told you it ends up in the same day itself. It is the most common trading options which most of the people are doing. Traditionally this was used by the professional traders only. But in the recent years by the development of technologies and the materialization of online CFD trading websites implies even a non professional trader can trade in these types of securities. Several types of day trading are taking place with several traders specializing in particular areas like scalping trading, price action trading, rebate trading, etc. The benefits of day trading are, it can be a fast way to make a huge amount in a very short time. Once again this depends on your investigation and accuracy of your data which you use to decide which securities you want to buy and sell. The next is the position trading. It is a long time strategy in which the traders buy and hold the securities for a…

In spite of whether people trade in Currency markets (Forex), Shares/Stocks (NSE), Commodities (MCX, NCDEX, COMEX), options, futures for difference, majority loses. Even the elite traders who do win lose on plenty of their trades. There is no such thing as 100 percent accuracy. And here is the self denying truth about active trading: fewer (and possibly many fewer) than 10 percent of active traders are consistently making profit over the long run. This may surprise you given the marketing buildup that surrounds trading. Regardless of the superficial glamour, it's a disappointing truth that very few traders are consistently profitable over the longer term. And this goes for all active traders, regardless of which markets, time frames, or instruments they choose to trade. Very few traders are consistently profitable over the longer term. The only thing differs from the successful trader and losers are successful traders are using professional approach in trading, they are using professional and accurate technical analysis tool for trading. The good news is that the best traders who win in trading do not essential to know any trading secrets. They will have very interesting trade setups and entry, stop, and exit techniques by using professional technical analysis software that helps buy or sell decisions in trading. Principles that are universal to all consistently profitable traders—the few 10 percent of traders who win, these principles are common among the winners. They distinguish the few winners from the majority who lose. The successful trader’s profitability is not reliant upon a single magic indicator. They using the most performing software for their technical analysis and with proper money management they are making profit in long run. If you are serious about becoming a consistently profitable trader, then you will need to learn, understand, embrace, and implement the universal trading techniques that…

Volume and Open Interest Relationship in Trading Commodity, Stock and Currency Market The easiest method to demonstrate the generally acknowledged analysis between volume, open interest, and price action is to construct a table like the one below. Price Volume Open Interest Market Analysis Up Up Up Strong Up Down Down Weak Down Up Up Weak Down Down Down Strong As you can see from the above table, traditional open interest analysis includes four possibilities while in trading financial market like Commodity /Currency / Stock Segments. Prices are going up, and open interest is going up. This means that new money is flowing into the market and there is buying pressure (Do not incorrectly assume there are more buyers than sellers, because there are not. The price rise shows that the buyers are willing to pay higher prices and, of course, the sellers are prepared to cooperate.) This situation is considered bullish. Prices are going up, and open interest is declining. There are comparatively few new buyers, and money is leaving the market. The rally is most likely caused by shorts selling who are giving up and covering their positions, thereby exiting the market. This is often bullish for the short term, because the shorts will normally pay any price to get out, and because they cannot afford to stay in and accept further losses. This action is ultimately bearish. Without new money coming into the market, the rally will fail as soon as the short covering is finished. However, short covering gets to be self-enabling and can last longer than one might suspect. Expert says that the total open interest (meaning the open interest of all contracts combined) always declines five to eight days before the final top. 3      Prices are falling, and open interest is rising. New money is coming into…

Matured Traders are Making Regular Income from Trading FOREX, MCX, NSE, COMEX with World's best buy sell signal software Successful and matured traders are sharp, curious, and unassuming people. Majority of traders have been through losing periods. Successful and matured traders are self-assured but never arrogant. People who survive in the markets remain alert. They trust their skills and trading methods, but keep their eyes and ears open for new developments. Confident and attentive, calm and flexible, successful traders are fun to be with. Successful traders are often unconventional people, and some are very eccentric. When they mix with others, they often break social rules. The markets are set up for the majority to lose money, and a small group of winners marches to a different drummer, in and out of the markets. Markets consist of huge crowds of people watching the same trading vehicles, mesmerized by upticks and down ticks. Think of a crowd at a concert or in a movie theater. When the show begins, the crowd gets emotionally in gear and develops an amorphous but powerful mass mind, laughing or weeping together. A mass mind also emerges in the markets, only here it is more malignant. Instead of laughing or weeping, the crowd seeks each trader’s private psychological weakness and hits him in that spot. Markets seduce greedy traders into buying positions that are too large for their accounts and then destroy them with a reaction they cannot afford to sit out. They shake fearful traders out of winning trades with brief counter trend spikes before embarking on runaway moves. Lazy traders are the favorite victims of the market, which keeps throwing new tricks at the unprepared. Whatever your psychological flaws and fears, whatever your inner emotions, whatever your concealed weaknesses and passions, the market will seek them out, find…

Can the Past Data Be Used to Predict the Future in Technical Analysis? Another question often raised concerns the validity of using past price data to predict the future. It is surprising how often critics of the technical approach bring up this point because every known method of forecasting, from weather predicting to fundamental analysis, is based completely on the study of past data. What other kind of data is there to work with? The field of statistics makes a distinction between descrip­tive statistics and inductive statistics. Descriptive statistics refers to the graphical presentation of data, such as the price data on a standard bar chart. Inductive statistics refers to generalizations, pre­dictions, or extrapolations that are inferred from that data. Therefore, the price chart itself comes under the heading of the descriptive, while the analysis technicians perform on that price data falls into the realm of the inductive. As one statistical text puts it, "The first step in forecasting the business or economic future consists, thus, of gathering observations from the past. Chart analysis is just another form of time series analysis, based on a study of the past performance and data, which is exactly what, is done in all forms of time series analysis. The only type of data anyone has to go on is past data. We can only estimate the future by projecting past experiences into that future. So it seems that the use of past price data to predict the future in technical analysis is grounded in sound statistical con­cepts. If anyone were to seriously question this aspect of techni­cal forecasting, he or she would have to also question the validi­ty of every other form of forecasting based on historical data, which includes all economic and fundamental analysis. Basic Concepts of Trend The concept of trend is absolutely…

Planning to succeed as a Day Trader in MCX, NSE, FOREX with accurate buy sell signal software Day Traders sometimes presents Day trading as a profitable hobby. Anyone who buys a day trading course via online stating that can make money easily in just a few hours a week, right? Well, no. The fact is that Day trading is a job. It can be a full time job or a part time job, but it requires the same commitment to working regular hours and the same dedication to learning a craft and  honing skills as any other job. The best professional day traders have plans for their business and for their trades. They know in advance how they want to trade and what they expect to do when they face the market. They may, at times, find themselves deviating from their plans, due to luck or circumstance or changing markets, but in those cases, they understand why they’re trying something else. Trading comes in many flavors, and many of those who call themselves day traders are actually doing other things with their money. If you know in advance what you want to do, not only will you be less likely to panic or follow fads, but you will also be in a better position to take advantage of  opportunities in a way that suits your personality, trading skills, and goals. Planning Your Trading Business The day trader is an entrepreneur who has started a small business that trades in stocks, commodities or currency pairs in hopes of making a profit return. You can get your business off to a good start if you have a right plan for what you want to do and how you are going to do it. With a plan, you know what your goals are and what…

Graphs & Their Application To Speculation In Trading FOREX, MCX, NSE In studying market action, nothing is more fundamental than graphs or a history of past market action. There is no life in the charts and it does not represent living psychology.  Life comes into them when past market action is used to project future course of price movement.  Graphs in trading are like a road map.  How can you travel from one point to a distant city without one? Graphs are more than just a history. They depict the actions, emotions and ideas of mass speculation trading. All nature is controlled by innate laws.  One might also conclude that there is an inexorable law of price.  It might be compared to the medical profession.  Medicine built its study starting with the human body and studying the past needs of each function of the body.  In other words, this is an action-reaction concept.  Why can't the same scientific thinking be applied to price and market action? This is where a graph of past market action comes into play.  We find many fluctuations in price movement with the logical conclusions that these actions and reactions were caused by the psychology of the mass mind.  The student of market action will find that a certain sequence of events on a graph will normally lead to a logical response and such action occurs with enough frequency that it is almost law. It is not absolute because man's mind cannot be reduced to an exact science.  However, recognition of the probability of a market response places the student ahead of the vast majority of traders. Speculation Trading is anticipation. Market action discounts coming events before they happen.  The function of price is to integrate supply-demand relationships. Since the beginning of time, man has largely been controlled…

Technical Analysis Vs Fundamental Analysis In Trading In Mcx, Nse, Forex Markets While technical analysis concentrates on the study of market action, fundamental analysis focuses on the economic forces of supply and demand that cause prices to move higher, lower, or stay the same. The fundamental approach examines all of the relevant factors affecting the price of a market in order to determine the intrinsic value of that market. The intrinsic value is what the fundamentals indicate something is actually worth based on the law of supply and demand. If this intrinsic value is under the current market price, then the market is overpriced and should be sold. If market price is below the intrinsic value, then the market is undervalued and should be bought. Both of these approaches to market forecasting attempt to solve the same problem, that is, to determine the direction prices are likely to move. They just approach the problem from different directions. The fundamentalist studies the cause of market movement, while the technician studies the effect. The technician, of course, believes that the effect is all that he or she wants or needs to know and that the reasons, or the causes, are unnecessary. The funda­mentalist always has to know why. Most traders classify themselves as either technicians or fundamentalists. In reality, there is a lot of overlap. Many funda­mentalists have a working knowledge of the basic tenets of chart analysis. At the same time, many technicians have at least a pass­ing awareness of the fundamentals. The problem is that the charts and fundamentals are often in conflict with each other. Usually at the beginning of important market moves, the fundamentals do not explain or support what the market seems to be doing. It is at these critical times in the trend that these two approaches seem…

The Basic of Identifies Trend Using Moving Average The basic of Identifies the Trend Using Moving aveage means identifying whether the market is bullish, bearish, or in a consolidation phase is utilizing moving averages. The most familiar one is the benchmark 200-day moving average. Most technicians and short term / day traders feel this is a worthless time period, with which I agree for short- to intermediate term trading. Remember that the idea in using moving averages is to help determine the true direction of the market. The longer the time period used in a moving average, the less effective it is for day trading or short term trading. Keep in mind that a 200-day moving average is over 28 weeks, more than half a year. Those leave way too much time and, more important, distance between prices and the moving average to generate buy or sell signals. When using moving averages the general guideline is simple: If prices are above the moving average, look to buy pullbacks or to take buy signals, as the market is in a bullish mode or in an uptrend. If prices are trading below the moving average, look to sell rallies or to take sell signals, as the market is bearish or in a downtrend. Another instance in which traders use moving averages in helping their trading is determining what is called “regression to the mean.” This is a term many traders hear but really do not understand. It refers to the condition when prices deviate too far from the mean or average. At that time, prices will regress, or return, to the average; or the market will pause or consolidate until the average catches up to the price. You will notice what I call a “gap band” signal. This is what will occur when the…