Forex trading for beginners. Principles and concepts

Dear friend! You are incredibly lucky. Among the expanses of the Internet, you could find exactly the site containing Forex trading training for beginners, which will really help you figure everything out quickly and easily. Why are we so sure of this? Because we ourselves were once novice traders, and we know well what difficulties stand in the way of the world of experience and knowledge of currency trading. We remember the entire journey. From the very beginning to the present, we have kept a personal diary of a trader, in which we recorded everything necessary for trading. Thus, carefully collected and chronologically ordered information, containing the most valuable and necessary knowledge about Forex trading, has entered into it, and now into the pages of the site created on the basis of the diary. Therefore, here we will not just give you information. We will almost literally take you by the hand and lead you, as if on the steps of a ladder, in the same way that we ourselves went, to knowledge, skill and mastery of the highest technique of mastery. At the same time, trying to bypass all obstacles, helping you to avoid mistakes.

Many people are interested in Forex trading today. Therefore, it is no coincidence that there are many sites on the Internet devoted to this topic. On request forex for beginners, you can find a whole ocean of a wide variety of information. But unfortunately, the vast majority of these sites are dedicated to experienced traders (currency traders), and it is extremely difficult for beginners to take their first steps in the knowledge of exchange trading. In addition, Forex sites are often a dump of information, collected on the principle of "everything and nothing". In addition, all the information on such sites is presented in such a complex technical language that you involuntarily feel like a last-year student of an economic university, and not an ordinary reader who wants to learn the basics of trading and start trading yourself. The forex market for beginners, in terms of information, is very reluctant to share its secrets. In this regard, the search for initially necessary, useful, and most importantly understandable information on this topic often becomes an insurmountable problem.

Creating this site, we tried to put simplicity and accessibility in the first place. All material is presented in a logical sequence from simple to complex. In each separate lesson there is only the most necessary for convenient perception of the training material. But in general, our site brings together all the best, advanced and modern for trading, a correct understanding of the Forex market, a quick and smooth start.
But let's get down to business.

Forex for beginners - general concepts of the currency exchange.

Forex is the foreign exchange market. In its basic structure, it is a kind of global financial market. In terms of scale, this is one of the largest financial markets in the world.
Why is this market interesting for us? For you and me, Forex is one of the most reliable and best ways to make money and increase, multiply the existing money capital. It is very convenient to work here using the Internet. With the ability, you can earn and increase money quickly, and for this it is not at all necessary to initially be some kind of special graduate in the economic and financial sphere. Everyone can have the necessary stock trading skills if they wish. This is not a secret behind seven seals. The main and important advantage of the Forex market in relation to labor activity is that you are free to choose any most suitable " workplace"for yourself. You can work without leaving your home, being in a cafe, in a park, in nature. You just need to have a computer or laptop and a reliable Internet connection.

Forex trading from a personal computer is carried out through special computer programs - trading terminals, which you can easily and quickly download on the official website of your chosen Forex brokerage company. The trading terminal can be installed not only on a computer, but also on a smartphone or PDA. Just download, install, and that's it! You can start trading.

Of course, for a successful start, you need to learn the basics of stock trading, and therefore we really hope that our training course, which reveals the secrets of the Forex market for beginners, will help you master this information. We assume that this information will be useful to anyone who wants to open a trading account, plans to start trading on the stock exchange and dreams of becoming a successful trader.

How to study our Forex training course for beginners.

Our lessons start from absolute zero. Therefore, the initial level of knowledge about Forex that you currently have does not matter. But even if you consider your experience in this area significant, we still strongly recommend that you study the lessons by following from the very beginning. The fact is that the world of Forex is very multifaceted and diverse. It may well happen that you perceive some, even the most elementary and "insignificant" details of it, not quite the way we see them. And who knows, maybe this unnoticed "small" feature will give the key to your future success. In addition, our Forex lessons for beginners are often based on the details covered in the previous sections. Therefore, skipping part of the lessons, you can lose the main thread of the story, miss important information.

The plan of our training program consists of theoretical and practical classes. Step by step, we will give you all the knowledge you need and need in the process of trading. With us you will learn a number of trading strategies, learn how to build trading systems. At the same time, in addition to mastering the technique of manual trading, you will learn how to automate it, use automatic trading systems. And you will even be able to independently optimize trading robots for the current market conditions, learn the important subtleties of setting up trading advisors.
In general, we promise you will not be bored with us!

They often write to us that we devote little time to novice traders who have just embarked on the path of studying the Forex market. Therefore, today we will consider trading strategies for beginners, which are distinguished by their simplicity and profitability. The key to successful Forex trading is its simplicity. The simpler and less indicators it uses, the more reliable its signals and the higher the profitability. If the strategy is based on a pattern or a simple idea, then such a strategy is easier to analyze and optimize than sophisticated trading systems with a bunch of indicators. Those strategies that have fewer indicators are more effective and also have a statistical advantage. The main rule for novice traders is not to overload the strategy with unnecessary indicators, it is better to remove unnecessary ones, then your trading system will become more maneuverable and efficient. See also ours, since the profitability of your strategy largely depends on the correct choice of a broker.

Simple strategies for beginner traders based on moving averages

This is the most popular type of strategy among beginners. Its advantage is that it can be used on almost any trading instrument. But the main disadvantage of such strategies is the delay of signals, as a result, you enter a trade when the price has already passed 2/3 of its path, and there is a risk of a reversal. Often, novice traders suffer losses due to a lack of understanding on which timeframes to use and which period to set. And this is one of the reasons for the effectiveness of the strategy.

In our strategy for beginners, two timeframes will be used - W1 and H4. On W1, we will determine the current trend, and on H4 we will directly enter transactions. You should not trade on small ones, as many false signals will appear. So, on a weekly chart, you need to plot two moving averages: a simple one with a period of 5 and an exponential one with a period of 21. If the price is below two moving averages, then you have a downtrend, and on a four-hour chart we will consider only sales. If the price is above the moving averages, then there is an uptrend, and on the H4 timeframe we will consider only purchases.

Having determined the current trend, we go to the H4 chart, where we need to plot two simple moving averages with periods of 7 and 55. As we can see in the picture above, we have a downtrend, so we only consider sales. There are two options for entering a trade:

When the moving averages cross from the bottom up, we put up for sale at the level of the SMA55 moving average. If the moving average moves, we move the order after it until it works, or the entry conditions change;

When moving averages cross from top to bottom, we wait for the candle to close below the intersection point and enter sales at the market price.

We set the stop loss beyond the nearest local maximum, and set it at a distance from the entry point equal to two or three stop losses. Even in the case of two losing trades in a row, you will return the losses and get a profit if the third trade is successfully closed. For purchases, everything is the same, only the stop loss is set beyond the local minimum.

Trading system "Start" - a strategy for beginner traders

What do Forex beginners like? That's right, to be constantly in the market and spend less time on analysis. This strategy will allow you to open a trade every day at the beginning, while it will take you no more than 5 minutes to do everything about everything. The strategy is very simple, and trading is carried out on the M30 timeframe. We need to wait for the opening of the London session, which starts at 10 am Moscow time. After the first 30-minute candle is formed, two pending orders should be placed: one to buy a few points above the high, and the other to sell just below the low.

Stop-losses are placed at the extremums of the same candle against each other so that when the stop-loss is triggered on one order, the opposite pending order is activated. We do not set take profits, instead we close all positions at the end of the London session, regardless of whether they are profitable or unprofitable, and also delete failed orders. The fact is that at the end of the London session - the beginning of the American session, price reversals very often occur, and if positions are not closed on time, then you can go into a big minus. If important news is expected, then in half an hour we transfer positions to . Pairs with GBP, for example, GBPUSD, are best suited for trading with this strategy.

Trading system "Juicer" - the best strategy for a beginner

This strategy allows you to take maximum profit from the market, literally squeezing all the juice out of the trend. Trading is carried out on the daily timeframe on any trending currency pairs. The Juicer strategy does not use indicators, which makes it even simpler and clearer. All that is needed is to wait for the moment when a signal is formed from a combination of Japanese candlesticks. To buy, you must first wait for the appearance of a bearish candle, and then two bullish candles, while the body of the second bullish candle must close above the high of the previous candle. After these conditions are met, we place a pending order to buy 5 pips above the high of the second bullish candle. Stop loss is placed at the low of this candle, and take profit is placed at a distance of 500 points from the entry point. When the price passes 200 points, it is recommended to transfer the deal to breakeven, and also activate it in increments of 50 points. If after 4 days the deal is in the red, then it is better to close it on the market.

For sales, it's the same. First, we wait for a bullish candle, and then two bearish candles, while the closing of the body of the second of them should be lower than the low of the previous candle. At a level below 5 pips from the low of the second bearish candle, we place a pending sell order, and place a stop loss at its high. Otherwise, everything is the same as in the case of purchases.

Trading system "Three candles" - Forex strategy for beginners

This strategy is similar to the previous one, but this time it can be used on any time frame, including minutes and five minutes. Thus, it can be used for what beginners love so much, as it makes it possible to be constantly in the market and make good profits, although there are much more risks here than when trading on daily charts.

So let's look at the entry rules. The first candle of this pattern is a candle, the high / low of which stands out noticeably against the background of other bars. The high/low of the second candle must be higher/lower than the previous one. And the body of the third candle will be our profit. That is, we enter immediately after the close of the second candle, and exit the trade after the close of the third candle. Stop loss is placed at the opposite level of the second candle. Conservative traders can use with settings (5,3,3). If the direction of the stochastic is contrary to the deal, we skip such a signal. You should also pay attention to the size of the candles. If the first two candles have a small body size, we do not enter. If the size of the body of the second candlestick is visually too large, this signal should also be skipped. Also, do not forget about the release of important news, and do not trade half an hour before and after them.

• • What are the exchanges?
  • Stock market strategies
• • How does a trader work?
• 5. Conclusion

How to play on the stock exchange? Where to start? What does a new trader need to know? Who is a trader and what determines his success in trading? How realistic or dangerous is it to trade on the currency exchange? If you are concerned about these questions, then after reading this article, you will find answers to all these and other questions.

It is believed that Fortune smiles, first of all, on those who, having come into the exchange business, went through fire and water, experienced shocks and losses, learned to make decisions with a minimum of information. How true is this statement? Let's try to understand the intricacies of the exchange business.

Dear reader, if you are interested in the topic of how to make money on Forex from scratch, what is Forex and how it works, be sure to read.

Forex trading for beginners

1. How to play on the exchange for beginners - is it easy?

For some, the exchange is like a lotto: entertainment, fun, risk, and nothing more. And someone tends to the trading floor, like a bee, to collect their nectar. Someone places Napoleonic hopes on stock trading - to double their reserves and break into the world of prosperity. And for some, it’s enough to just earn a little extra money.

But, one way or another, everyone expects dividends from the exchange. However, getting them is not as easy as it seems from the outside. To move from zero, here, as in any business, you need special knowledge and skills.

What are the exchanges?

1. Commodity exchange

commodity exchange is a place for the sale and purchase of various goods: precious metals (platinum, gold), agricultural crops (corn, beans, wheat), natural minerals and their derivatives (oil, gasoline), etc.

However, this does not mean that you need to buy several tons of grain and transport them to your barn. On a commodity exchange, you enter into a futures transaction that involves delivery in the future. When buying a futures contract (closing a deal), you only need to deposit the so-called margin value. It is about 10-20% of the actual price of the goods.

You “promise” to invest the rest at the agreed delivery date. After, before the expiration of this period, you enter into a reverse transaction: how much you bought - how much you sold . So on the commodity exchange you can earn without buying goods. The main advantage of such a game is that it is sometimes easier to predict the movement of prices for goods than for currency pairs or stocks.

2. Stock Exchange (or Securities Market)

Here they trade shares, and real assets. This means that by purchasing the securities of a company, you will become its shareholder, you will be able to receive dividends on the purchased shares or sell them profitably. In the Russian Federation, such transactions can be concluded, for example, on the RTS Stock Exchange or MICEX. Trades are accessed through brokers. They buy and sell shares on the orders of traders, keep records of all transactions and transactions. This is perhaps the easiest way for a beginner to make money on the stock exchange.

3. Futures Exchange (or Derivatives Exchange)

On this site, there is a purchase and sale of futures contracts and options. Playing on this exchange involves, just like on a commodity exchange, the introduction of a guarantee. That is, you pay only a deposit amount (10-20% of the real price), assuming an obligation to buy or sell a certain number of shares in the future for a certain value.

Subsequently, you repay this obligation with a counter contract. At the same time, you can conduct transactions with much larger contracts than on the stock exchange.

4. Exchange currency Forex (Forex)

This exchange trades the national currency. Purchase and sale is carried out at market prices, according to the ratio of rates that develop on the stock exchange. Having bought a currency pair at one price, you can subsequently sell it for more. This is the meaning of the game. Sell-buy orders are placed via the Internet through trading terminals (less often, by phone). Brokers provide market analytics, news, quotes for currency pairs.

Stock market strategies

1. Investment

This is the clearest and easiest way. You bought shares for a decent period (12 months or even more) and are waiting for their value to increase. The main thing in this matter – entrust investments to a reliable company , belonging to the category of "blue chips" (as the most liquid companies are called). It is also necessary to analyze quotes for the last 4-5 years and identify the most promising of them.

The advantage of this strategy is your "insurance" against losses. If you made a mistake and the quotes of the shares you bought crept down, you will not be in danger of losing until you sell the securities. In case of a mistake, you just need to wait for the growth in share prices, while receiving dividends on them at that time. The only disadvantage of this way of playing is that you won’t be able to earn a lot - on average from 10 % before 30 % per annum.

2. Speculation

This strategy is the most popular. It promises much more profit than all other types of trading. Assets are acquired in this case for a short term, often with the expectation of margin lending. Choosing a tactic intraday, you open and close a trade during the day. Following the same tactics Day Trading, you make a trade within a few days or weeks.

When speculating is also often played " in short (short) »: in anticipation of a decline in quotes, traders play for a fall. A short trade is implemented using the borrowed funds of the broker.

It looks like this: you borrow a hundred shares from a broker and immediately sell them all; after about three hours, the value of the securities began to decline - you buy a hundred shares, return them to the broker, and keep the profit for yourself.

Even simpler short transactions are carried out in the futures (terms) market. The scheme is elementary: first you buy a futures contract to sell, then you buy a futures contract to buy - and the profit is in your pocket.

Earnings on Forex are similar to futures: first you sell a currency pair, then you buy - the difference is yours. In this way, you can earn a lot with insignificant capital. However, keep in mind: the risks in such trading are also considerable.

3. Arbitration

The essence of this trade is to find the difference between assets that are somehow connected, and conclude a contract that allows you to get this difference. For example, you took stocks and futures on them. If the value of shares on the stock market has decreased, but the futures on the futures market has remained at the same level, you can buy, say, a thousand shares at one hundred rubles and buy one futures contract for the sale of a thousand shares at 110 rubles. In this case, a profit of 10 rubles per share is guaranteed to you, no matter where prices move.

plus arbitrage is a lack of risk. TO cons one can attribute the complexity of such trading, which requires constant analysis of many markets, the search for price "scissors", the ability to instantly conclude several counter contracts. In addition, arbitrage trading is characterized by an average profitability. Even experienced arbitrageurs can count here on average for 5 % - 10 % at 3-4 months.

Playing on the stock exchange - how and where to start?

First, a beginner needs to choose an exchange. Then find a broker to gain access to the game.

The broker needs to find out the following points:

• the amount of commission fees for transactions, using the trading terminal, maintaining accounts, servicing a broker;
• the amount of information and services provided by the broker (analytical reviews, news, forecasts, archives of quotes, etc.);
• is it possible to work online on this exchange, through which programs you can go online to the exchange, their cost;
• method of depositing and withdrawing money;
• broker reliability guarantees.

It would be nice to get acquainted with several brokers who provide their services on the exchange. Then there will be more chances to choose the conditions that are most optimal for you. After signing the contract and installing the program recommended by the broker on your PC, you can start trading.

Important! Just do not rush to use real money in the game. Ask the broker to provide you with a practice demo account: it is better to go through the “baptism of fire” with virtual money. Learn from your own mistakes - this will save you from big risks in the future.

Playing on the stock exchange - how much can you earn?

This question worries many beginners, we will give the average values ​​as much as possible.

Here are the approximate amounts that experienced players can earn on various trading platforms:

• Speculators earn 20-50% on the stock market (when using margin lending, their profits may increase up to 100%);
• 50-200% on the derivatives market are players trading options and futures;
• 30-50% get arbitrageurs;
• 50-500% are purchased by participants in the game on the Forex currency exchange

How much can you lose on the stock exchange?

Any exchange brings great opportunities and great risks. Luck, especially in the foreign exchange market, is a rare guest. In order not to become a loser, you need to carefully consider the game on the stock exchange, plan your forex trading strategy, create a demo account and test it on historical quotes, especially if you are new to this business. (How to attract luck and money into your life)

Many losers who leave their money on the stock exchange lose precisely because they “rushed into battle” without going through “training”. They overestimate their intuition and, without conducting a competent market analysis, make unforgivable mistakes and unfortunate miscalculations.

Do not follow their example: do not bid without prior preparation. Don't count for wasted labor study specialized literature, study magazine publications, get acquainted with relevant websites and think over forex strategies.

Believe me, the time spent on self-education will increase your chances of success and insure against a sad fiasco.

Definition of the term "trader"

2. Who is a trader and what does he do - the definition and essence of the profession

Translated from English, trader- is a merchant. So it is customary to call people trading on the stock exchange. Through trading operations - buying assets at a low price and selling at a high one - traders make a profit.

As assets to be bought and sold for traders are:

• goods that are in demand on the world market (oil, metal, grain);
• precious metals;
• stock;
• contracts (futures and options);
• currency;
• cryptocurrencies;
• stock indices.

Here we have listed all the main financial instruments, thanks to which traders have the opportunity to earn money by playing on the stock exchange.

How does a trader work?

The working platform of any trader is an exchange or an over-the-counter market. It should be noted that since the emergence of the profession of a trader, its essence has changed little. Only before, the trader personally attended the exchange and made deals himself, and now he gives orders to brokers online, while remaining in the office or at home.

Communication between them is carried out through the trading terminal - a special program that can be downloaded and installed from the broker's website. Receiving information from the broker, the trader analyzes the fluctuations in the price of his assets, makes forecasts of possible fluctuations and opens deals based on these forecasts.

In doing so, he uses various tools from his analytical arsenal.

It includes three main types of analysis:

• fundamental;
• technical;
• computer.

The trader himself regulates his activities. He can make one deal and earn a decent amount of money, which is enough for a couple of months. If you wish, you can conclude several transactions every day. You can also use trading robots, carrying out automatic trading with their help. True, manual work, as practice shows, is much more effective.

Despite the fact that the personal presence of a trader at the workplace is not necessary, the language does not dare to call his earnings passive. After all, the main success factors are his work, the trader's time and thinking over the forex strategy. A broker is just a captain on a voyage whose course is set by a trader.

A trader can work for himself and for various companies. Each of these forms of activity has its advantages and disadvantages.

1. Work for yourself

In this case, the trader himself chooses a broker, opens his own account with him, transfers personal money to him and disposes of them as he sees fit.

pros (+ ):

• all earnings go to the trader;
• the trader himself plans his working day, makes decisions independently and works in the rhythm that is convenient for him.

Minuses (- ):

• have to risk their own funds;
• the size of the personal amount can be very limited, and the amount of profit is directly proportional to the amount of investment.

2. Work for a company

This type of work requires formal employment. We are talking about enrolling in the staff of a company - an investment fund, a bank, a brokerage company, a reputable corporation.

pros (+ ):

• since market operations take place on behalf of this company, its rather large funds are used;
• the trader is assigned a certain percentage of the profit from the transactions he conducts, and the establishment of a quite decent salary is also possible;
• there is no risk of losing personal money.

Minuses (- ):

• it is not so easy to get a job in a decent company without achievements in independent trading;
• limited freedom of action.

An alternative version of this form of work is the managerial activity of a trader who manages the money of other investors and trades them, receiving an agreed percentage from the profit.

The main difficulty is to achieve such work: it will be necessary to provide investors with convincing evidence of their reliability, profitable Forex strategies, the ability to increase capital, and not “fuse” it in an instant, etc.

Qualities required to be a trader

The profession of a trader in the modern world is one of the most profitable, promising and attractive. In developed Western countries, such specialists are trained in institutes. In Russia, this profession can only be obtained through self-education or attending appropriate courses conducted by dealing centers.

It is important to understand that the main success factor in the work of a trader is still not theoretical knowledge and unique technique, but personal involvement and development of the right forex strategy.

To get practical experience without risking your savings, you can use a demo account by creating it in any brokerage company.

A demo account will convince a young specialist that working with real amounts is not enough. without iron self-discipline and self-control, developed analytical thinking, drawing up a forex strategy, attention, organization, composure, efficiency, impartiality and a certain amount of courage.

How much can a trader earn?

As already mentioned, a trader's earnings directly depend on the amount of capital used.

If you have, say, 100 thousand dollars, then this money will help you earn 100 times more than if you owned only one thousand dollars.

In other words, it is more correct to measure a trader's income not in amounts, but as a percentage of start-up capital.

If we talk about the average profit of a trader, then when working for himself, he can receive approximately from 5 % before 10 % per month from the amount available on the account. He can count on such a profit with a small level of risk. Managing the capital of another investor can bring 20-50% of the proceeds.

How to trade forex read below

3. How to play on the Forex exchange (Forex) - the basics of successful trading

Forex trading, which is considered the most reliable and profitable market in the world, cannot but attract a huge number of traders from all over the world. First of all, stock exchange docks rush to this trading floor, deciding to diversify (or adjust) the contents of their investment basket. Novice traders who are just learning the basics of the exchange business are not far behind them.

Essentially trading on the Forex exchange is no different from working on many other markets. The rules here are the same as on a narrow-profile derivatives exchange or a classic trading or stock exchange.

How to trade in the Forex market, where to start?

The way to make money on the Forex market, like on any other exchange, is through creating a trading account, downloading any trading platform to a personal computer, and authorizing the account in the terminal.

At the moment, the market for these services allows you to open an account with Forex capital from 10 US dollars. This is enough to open a deal to sell or buy a currency. In addition to Forex trading, you can access the metal markets in the same way ( platinum, silver, gold), CFD.

By operating in the world's most liquid market with a convenient deposit amount, you will not just multiply your capital. You will gain invaluable experience , think over Forex strategies that will be useful to you in the future in order to successfully trade on any other exchange market. In addition, the acquired capital can be reinvested on other trading platforms, which will reduce the cost of entering into trading relations on them.

The interbank foreign exchange market Forex does not have a fixed territorial location. You can conduct any type of trading operations around the clock in real time.

So, those who decide to master the profession of a trader on the Forex exchange should first acquire only a PC with access to the Internet.

International Currency Exchange Forex

At first, you need to find a suitable broker or dealing center. Professional quality this assistant (who can be considered your partner), the efficiency of his work, responsibility will determine your financial success or failure.

Meta Trader 5 and Meta Trader 4– the most popular versions of free trading terminals.

As soon as you learn how to use the program - a trading platform from a brokerage company, you just have to choose the currency pair with which you will trade

Real or demo account - what to trade?

It is not worth starting online trading by opening a real account. It is very dangerous. You can lose everything at once. To protect you from financial risks it is necessary open a forex demo account . This simulator is completely similar to a real account. The only difference is that you will practice with virtual funds, and not with real capital.

It is advisable for all beginners in trading activities not to tempt fate, but to learn how to manage their own money without the risk of being penniless by creating a demo account. At the same time, a beginner using a demo account should know that he can earn real money if he takes part in traders' contests.

You can perfectly practice, using a demo account, in the use of the so-called "robots-experts" or "robots-advisers" - automatic trading systems. Today, users have access to a fairly large selection of such programs, both paid and free.

Demo account- this is the most win-win way to start an exchange business in the Forex market. Of course, it is up to you to decide whether to create it or immediately register a real trading account and transfer real money to it in order to start trading.

However, this path can be recommended only to those who are at least on 99% self-confident, acquired a lot of knowledge, possesses many skills, has already carefully developed a trading strategy and has experience in working on a real account in the Forex currency market.

Forex strategies

What trading strategy to choose?

In all Forex transactions - whether it is a sale or a purchase - the national currency acts as a commodity.

The main task of a trader on the stock exchange - buy currency at the lowest price and sell it for the maximum profit. To do this, you need to think over Forex strategies. The discrepancy between the cost of goods and the purchase price is the trader's profit.

Such a trading combination, in which the number of purchased contracts is greater than the number of sold ones, called in the language of traders " long position". To make such options, exchange participants are forced by the hope that the currency will rise in price in the future and sell them with a large income.

No less profitable can turn out the so-called " short position". It assumes the excess of the volume of sales of goods over the volume of purchases. In this case, the acquisition of currency occurs with the expectation of a fall in its value. Such a sale also provides earnings on the price difference.

Both combinations can be carried out on Forex. Therefore, the main success factor on this exchange is the right lines of conduct - Forex trading strategies .

Many successful traders, using various third-party strategies, create and develop their profitable Forex strategy in accordance with their experience and acquired knowledge.

Many existing Forex trading strategies are used on the stock exchange, including the Forex currency market.

The most popular and best trading strategies are based on:

• combinations of indicators;
• Bollinger bands;
• moving averages;
• by patterns and graphic models;
• Fibonacci levels;
• Ichimoku indicators;
• Japanese candles;
• trend trading;
• trading in a flat;
• short-term trading ("scalping");
• fundamental analysis (news, events, etc.)

To accurately plan and create a Forex trading strategy, you need to carefully study the trends and features of the foreign exchange market. This, in turn, requires a deep analysis of the trading situation, practical skills that are tested on training accounts.

A beginner will benefit greatly from studying the professional experience of experienced traders. Brilliant calculation and practice are the main assistants of a Forex trader!

4. Having earned on the exchange, increase capital

One of the main mistakes of both beginners and experienced traders is that the money earned on the exchanges is quickly spent. Of course, this is completely unreasonable, so really successful traders usually put the earned capital not only back into circulation, but also into their own business.

Having your own business, you can not worry about the future of exchanges and stock market performance, a real reliable business will be a big plus for you. If you do not know where to invest money, then we advise you to choose the real estate market. It is the most stable, reliable and easy to understand. Watch a free video course from specialist Anton Murygin about making money in real estate from scratch:

Watch a motivational video on how you can profitably invest in a real estate business:

5. Conclusion

Parting words for beginners

Dispassionate statistics states: 9 out of 10 newbie traders “merge” the deposit and leave Forex with nothing. It's amazing, in a market where the level of profit just rolls over, such a percentage of "losers"!

The experts concluded: the reason for the general failure is in the overestimated ambitions of modern young man combined with extreme infantilism. He finds it very boring to pore over textbooks, develop a unique strategy, master the basics of market analysis, open a demo account, keep a trading diary, make forecasts, calculate the risks of trading (how dangerous it is to trade with a particular strategy, etc.).

Another thing is to believe in your luck, to trade at random, so to speak, playfully. Such a lightweight approach, when they rush headlong into the abyss of the stock exchange - without any preparation, without a decent start-up capital, without knowing how to control themselves - leads to a quick and disappointing ending.

Therefore, instead of parting words, we will end the article useful tips beginners.

Tip number 1. Practice first, play later

Tip number 2. If you want a decent profit, accumulate a decent capital

Tip number 3. Learn to control yourself

Tip #4 Accept the possibility of loss as an inevitability

Tip #5 Beware of greed and haste.

Let these tips be your guiding star and amulet. Let them lead you not only to real trading, but also to real success in trading on the currency exchange.

Good afternoon, dear readers, Alexei Morozov and Dmitry Shaposhnikov are with you at the HeatherBober. In today's article, we will start talking about making money on Forex, namely, about indicator methods and news trading.

Of course, it is impossible to describe all the secrets of stock trading in one post, so we plan to cover the material in stages.

So, about everything in order, simply and intelligibly!

1. Main types of Forex trading

It is conditionally possible to divide the strategies of all traders of the currency, stock or commodity exchanges into two large categories: short-term and long-term.

Category 1. Short-term strategies

Short-term traders open and close all their transactions within one day, but, as you know, you can work on Forex in different time periods.

Therefore, short-term trading strategies fall into two more components:

1. scalping or pipsing- for opening and closing positions, time intervals from one minute to thirty are used.
2. Intraday trade- optimal timeframes - from a quarter of an hour to four hours.

For successful earnings on short-term strategies, traders clearly determine where to enter a trade and where to exit.

The key advantage is that a large number of positions are opened, so the percentage of unprofitable ones will always be lower than the percentage of profitable ones, the speculator will remain with a profit.

Category 2. Long-term strategies

Traders who enter long-term trades may not exit positions either for several days (for example, from Monday to Friday), or even weeks or months.

Professionals who are good at analyzing the market sometimes hold open positions for several years, taking huge sums of money in the final.

For success in long-term strategies, it is necessary to correctly understand “where the price is looking” and open trades in the direction of its “look”.

There are two advantages here:

• long term strategies less stressful than short-term;
• don't have to pay all the time spread broker, so the total income is greater.

Here you can not do without good self-control, because you need not to give in to emotions and not close deals even when prices do not change as planned, and each of their movements leads to a decrease in profits.

Which type of trading to choose is up to you. Practice shows that beginners in any direction often lose money, and professionals earn money, because trading skill, experience and diligence are needed everywhere.

But the most interesting thing is that you can also earn on the foreign exchange market using the analysis of news and the economic situation in the world.

2. Programs for trading on Forex - the main types of indicators

With the advent of computers, the exchange has improved significantly, the best thing that has appeared on it, except for terminals, is indicators - programs that are indispensable in the trading process. Let's find out what they are.

trend indicators. moving average

The programs of this category include indicators that suggest points for entering transactions in the presence of an ascending or descending trend on the market. We will talk about how to determine the presence of a trend in the article "".

If the price is steadily growing or steadily falling, trend indicators will work well, if the price moves in the "corridor" - either up or down - the signals will turn out to be false. The simplest example of a trend indicator is moving average(MA).

moving average(Moving Average) - an indicator in the form of a line, showing the average value of the price for a certain period.

MA comes in several forms, the most important of which are: simple(all prices are added together and divided by the number of periods), exponential(the latter price is given more weight than the former). It is preferable to use exponential.

Let's go to the MT4 terminal and set up the MA indicator, this is done in a few steps.

Step 1. Installing the indicator on the chart

All indicators are located in the Navigator window. To install, click on the name of the program with the left mouse button and drag it to the chart of the currency instrument:

If everything is done correctly, the terminal will display a settings window where you need to specify the conditions for the analysis.

Step 2. Setting the parameters

As a rule, the indicator parameters are adjusted in accordance with the strategy used for trading. In our case, the program produced the following option:

“Period” is the days that are taken into account, we do not need a “shift”, we take the “MA method” exponential as more accurate. The color and thickness of the line can be set at your discretion.

If we don't change anything, we get something like this:

The moving average now shows us where the trend is heading, but does not give any signals yet. To get the simplest signals from the MA, we put the second indicator of a smaller period on the chart.

We carry out a similar procedure, but we write that the period is not 20, but 10, we choose a different color, for example, blue:

The result is that the “blue” moving average is closer to the price, in some places it intersects with the “red”.

Step 3.

How to understand the signals given by the trend indicator? In the case of MAs, everything is simple: when the moving averages cross, a signal is received about the end of the trend, the market is ready to turn around, and we open a deal in a new direction:

Since the indicator readings are secondary to the price, they are a little late: the signal occurs when the trend has already begun, and we will inevitably lose part of the profit because of this.

With deep corrections, the indicator can give false signals - on the screen above, we received a signal to buy, since the price went against the main trend, but it turned out that the market was only correcting.

We will talk about this and some other problematic points below.

Step 4. Creating a "trading robot"

“Is it really that simple?!” - you think. Yes, and most of the existing trading robots are based on the principle of moving averages. However, as practice shows, blind trading on indicators is always unprofitable.

If the situation on the market changes in such a way that the up/down trend turns into a sideways trend, or if a flat begins, the indicator will give conflicting signals, and following them will definitely lead to losses:

On the screen above, the indicator gives several incorrect signals, according to which you can drain most of the deposit.

If you master the MQL language, you can make a trading robot based on the MA, but in Step 4 we do not want to motivate you to do this, but to show the destructiveness of automatic systems.

The indicator should only advise, where it is better to open deals, and not specify unambiguously. Below we will look at another group of similar trading programs that can provide a huge support to the trader.

We also got acquainted with indicator analysis and trading on the news in various brokerage companies, at free online seminars. So don't miss out on this great opportunity.

2) Side trend indicators - oscillators

A side trend is observed when the price moves either up or down within the “corridor”, the height of which should be at least 300 points:

In the figure above, the amplitude of fluctuations is 1767 points, which means that you can trade. To determine where the price will change direction, oscillators were created. In the instructions below, we will set Relative Strength Index.

Step 1. Improving the parameters

All indicators are placed on the chart according to the same scheme, only the parameters are different. In the RSI oscillator, only period- the larger it is, the less sensitive the indicator is (there are fewer both false and correct signals).

The RSI window with a period of 14 showed well only two large fluctuations:

With a period of 7, the program becomes much more sensitive, if in the first case we identified only two signals, now there are as many as seven:

We must not forget that such an alignment will lead to an increase in the number of false signals.

Step 2. Find profitable entry points

Behind the dotted line at the top in the indicator window is zone overbought: when the price reaches it, you need to sell; bottom - oversold zone– when the price approaches it, we buy.

As in the previous case, oscillators do not always work well: if the sideways trend turns up/down, the readings will become false.

Step 3. We trade and earn

Oscillators can be traded very well for several days before going out. important news: you will notice that there will be no strong trends in the market, players will prefer to wait.

Below we will get acquainted with the news trading strategy, you will understand where to get the necessary information, you will be able to use oscillators to their full potential.

3) Volume indicators, custom, by Bill Williams

In the title, we indicated other indicators that exist in MT4, you can get acquainted with them through the "Help". Here we only pay a little attention to indicators. volume.

On a note

Forex volumes, unlike the stock/commodity exchange, teak, and not cash - they show not the amount of money on the market, but the amount of opened transactions

The above point is very important - you can judge the “market plans” by the amount of money, but you cannot judge by the amount of transactions, because transactions for one hundred dollars and for a billion equally increase the tick volume by 1 unit.

Hence the distrust of indicators of this type - think before using them in trading.

3. News trading - advantages and disadvantages of this method

In economic calendars for the months ahead, the planned news of the financial world is scheduled. They report on the state of the economy of different states: GDP, construction, agricultural data, and so on.

On the screen above - a fragment of the economic calendar.

Here we see several options:

1. State flag– shows which currency pair the news will affect.
2. News title explains its essence.
3. Volatility- the higher the indicator, the stronger the movement that the news can cause in the market.
4. actual value- reported in the news.
5. Forecast is the expected value.
6. Previous meaning- old data.

The essence of news trading is to wait for the news to come out and compare it with the forecast. The greatest movements occur when fact and assumption are very different.

In the table below we will indicate when the price rises and when it falls (in most cases), use it as a guide when making trades.

Opening deals on news:

As a rule, you need to trade on news with maximum volatility, displayed by three red exclamation points. Other news can also affect the market, but to a small extent.

The algorithm is simple - we find important news in the calendar, at the moment of their release we make a decision to open a position based on the table, and open a deal.

The disadvantage of trading on the news is that we do not know where the price will stop its growth or fall. Often, after the release of news, the market corrects and returns to its previous level, so you need to close quickly.

In the video below you can see an example of news trading:

Try trading on a demo account, and if the results are positive, switch to a real one. In our opinion, news (as well as indicators) should be used only as an auxiliary, and not the main means of trading.

From English, this word means "international currency exchange" - FOReign EXchange. The Forex financial market is intended for the sale and purchase of currencies at market rates.

So how do you make money in the forex market? The information below is presented in the “Question - Answer” format, I chose those questions that novice traders most often send me.

The question that is asked most often. Unfortunately, there are a lot of cases of fraud among forex brokers. Therefore, choosing a reliable broker is very important. Personally, my main trading accounts are opened with Alpari. The company is old and reliable (providing services since 1998), with a good reputation. There are no problems with the withdrawal, they work correctly.

To work, it is enough to have a computer and the Internet to be able to work from home.

It is up to you whether to take a Forex training course or to comprehend all the intricacies of trading on your own. But I would still recommend taking the course.

I want to trade. Chop the loot, loot!

First, don't rush. Forex for beginners is very difficult. The market will not run away from you. First, you should decide what you want: trade on your own or transfer funds to management.

Don't forget that high risk arises due to lack of knowledge, practice and improper money management. Forex trading is difficult for those who do not invest some time in learning the basics. Before looking for quick and easy money, you must improve your understanding of the market.

Let's say I want to invest. What's next?

There is a wonderful PAMM account service. Read what it is possible.

The rating of pamm account managers is available at http://www.alpari.com/ru/investor/pamm4/pamm_account/rating/

PAMM account- an account management system, with the help of which both a trader and an investor can receive profit. Investors entrust their funds to experienced and successful traders by investing in PAMM accounts. Traders, using the capital of interested investors, make profitable transactions, increasing their investment capital and receiving a management fee.

You do not need to trade Forex on your own - you constantly control the work of the manager and can withdraw your funds at any time.

In addition, every month we release "", where we follow the most interesting projects for investment.

Let's say I want to trade on my own. What to do?

Experience shows that it is not so difficult to learn how to trade on Forex so that trading brings about 5-10% per month. It is difficult to observe self-control and discipline, not to give vent to emotions and follow the rules.

First of all, download and install the Metatrader 4 terminal.

Again, there is a choice: trade manually or automatically with the help of advisors (programs that trade for you on autopilot).

Whatever you choose: automatic or manual trading, Be sure to study Wealth Management!!! This is extremely important!!!

When working with advisers (trading experts), you will definitely need a Forex video course on Autopilot .

What about manual trading?

The most important thing in manual trading is to act according to the system. Especially for manual trading, the Trading Strategies section was created, which is constantly updated.

Independent conduct of operations in the Forex currency market provides an order of magnitude more opportunities. The higher the skill of a trader who prefers manual Forex trading, the more money he can manage, respectively, the more he can earn. In most cases, approximate price movement forecasting is not a difficult task, there are simple price models that work with up to 90% efficiency. It is possible to find these models and learn how to use them.

There are a huge number of books from famous authors that will teach you how to use technical methods to predict the movement of prices in the markets and successful financial transactions. Books are a basic guide to the technical analysis of financial instruments. The literature is specialized both for novice players and for experienced specialists in the exchange and over-the-counter markets.

Something else?