Sunday, August 29, 2010

Forex Trading Tool

Why trading with AvaFX

  1. Fixed spreads
  2. FREE advanced online forex trading tools
  3. Dozens of currency pairs and metals
  4. Daily exclusive institutional analysis
  5. 24-Hour trading and support
  6. Trade immediately by credit card,PayPal or WebMoney.
  7. Start trading forex with as little as $100
  8. 200:1 leverage*
  9. No commissions or fees**
  10. Euro or US Dollar trading account
  11. Withdraw instantly with Ava Debit Card

Ava FX is dedicated to providing the FX trader with an online forex trading platform, with no compromise on integrity and fairness. Our state-of-the-art forex trading platform AvaTrader, is easy enough to be used by novice traders and yet it provides even the most sophisticated trader with all the necessary tools.

We offer all our traders personal service, ensuring that their trading experience is efficient and hassle free. We know what you need and are ready to serve you. You can begin by trying our free demo with a $100,000 practice account. Look at our resources, read our daily commentaries, sign up for a real online FX trading account and then start to trade forex.


Our Award Winning forex trading platform will allow you to get the most updated FX market analysis, FX streaming news, up to date forex calendar, technical analysis tools, online forex trading charts and many more.

On the Ava FX forex trading platform you can trade many financial instruments such as: Oil, Stock Indices (DJ, S&P500, FTSE, DAX, CAC, MIB, NIKKEI and others), Gold, Silver, Sugar, Cotton, Gas and all the other major commodities. You can also enjoy the benefits of Ava FX auto trading solution and our oil trading software.
Ava FX is backed by a large financial institution, which manages over $16 billion in assets. We value your trust and spare no efforts in assuring that your funds are safe and secure with us. Ava FX has a unique partner program for forex white labels and introducing brokers.


Ava Fx offers a world class multi-language Support Center in English, French, German, Dutch, Spanish, Arabic, Chinese, and Japanese.


Licensed and regulated Investment Firm

Ava Capital Markets Ltd, a member of the Ava FX Group, is a fully licensed and regulated European investment firm specializing in CFD trading on currencies, commodities and indices. This means investors know they are trading with a reliable and established provider in an officially regulated environment. As such we are subject to stringent compliance requirements, including , how we handle client assets, security of client funds and financial reporting under EU directives . .

License and regulation detailsAva Capital Markets Ltd is incorporated in Ireland as a licensed investment firm compliant with MiFiD the EU investment regulations (Reference No: C53877) and is regulated – by the Irish Financial Regulator. Open a real or demo account with $100,000 with metatrader 4 here




Forex Trading Hours: The beauty of the market that never closes.

The beauty of the forex market is the 24 hours a day nature of its trading hours. The forex market is open 24 hours a day, from Sunday after EST (Eastern Standard Time) to Friday afternoon EST. The global nature of the forex market allows traders to work 24 hours a day during these days. As one market closes, another one is opening, giving traders the opportunity to trade 24 hours a day.

Although a trader can technically trade 24 hours a day, there are optimal hours to trade during the day. Some forex trading hours present more profitable opportunities than others, so it is important to know when to trade so that you are not wasting the one resource you can get back: your time. So what are the most profitable forex trading hours?

How it works:

It is no secret that the best time to trade in any financial market is when it is most active with large trading volumes. The best time to enter forex markets is when large volumes of currencies are being traded. During these hours, traders can take full advantage of the price oscillations occurring, and enter the market throughout these peak hours pulling your profit from the high volume of trades. Since the forex market is open 24 hours a day, the best time to trade is when several countries are trading at the same time. During these overlapping periods is when the overall forex market is the most active with heavy trade volume and biggest pip movements. You do not want to waste your time looking for trading opportunities in a slow market.

The highest trade volume and biggest pip movements occur when the big 3 markets overlap; when the Asian market, the European market and the U.S. market are all open simultaneously. These are the trading hours you want to target in order to find the most profitable trades.

What to be aware of:

Below is a breakdown of the forex trading hours for each market:

New York – 8:00 am to 5:00 pm EST

London – 3:00 am to 12:00 noon EST

Sydney – 5:00 pm to 2:00 am EST

Tokyo – 7:00 pm to 4:00 am EST

Remember the key to profitably trading the forex market is to identify the times when currency markets overlap. This is where you will be able to find the highest trade volumes and biggest pip movements. Here are 3 key trading times when the markets overlap:

New York and London – 8:00 am – 12:00 noon EST

Sydney / Tokyo – 7:00 pm – 2:00 am EST

London / Tokyo – 3:00 am to 4:00 am EST

What to look for:

Always keep in mind that some days of the week have more transactions than others. In general, pip movements for the major markets are greater in the middle of the week. Some hours of the day are busier than others, but generally speaking, Tuesday and Wednesday see the most pip variations for the major markets.


Forex Trading Strategies: You’ll get your lunch eaten if you don’t have one.


You would think most traders make money in the forex market. Everywhere you turn on the internet, you read success stories about beginner and intermediate trainers going from $500 to hundreds of thousands of dollars in mere months. It seems like the worst you could is break even. The truth is 90% of traders lose money.

Why do so many traders lose money and why will they never make a dime? They do not have an effective forex trading strategy. A plan you can depend on to make you money and take the emotion out of trading. Most traders neglect to really know and understand the basics of successful trading. On top of that, they let their emotions get in the way. They get overly excited and buy at high price points and get nervous and sell at low price points. Essentially, they buy high and sell low. That is a recipe for trading disaster.

Getting started:

It is important that you design your forex strategy before you start trading your real money. The most important aspect of an effective trading strategy is to know what you want achieve. Without clear goals, your chances for success are incredibly limited. However, if you write them down, you will have a clear picture of what you want to achieve and you are more likely to meet your objectives.

The main objective of trading is to make money, so it is important that you have measurable, attainable goals. Your goals will give you a way to measure your progress and make adjustments to your trading strategy. You can not gain substantial rewards without taking on risk. So be sure to plan and brace for trading setbacks.

Once your strategy is in place, you need to follow through. You need to be consistent and disciplined in executing it. This will allow you take your emotions out of trading, look at the facts, and consistently take advantage of market opportunities.

How it works:

So how do you profit from forex trading? It is a simple process when you break it down…

The foundation of your forex trading strategy should be to take advantage of the currency fluctuations (volatility) occurring in the market. You want to buy as close to the support level as possible and ride out the trade until it reaches the level of resistance. Be sure to have a strong grasp of the fundamentals and know how to execute profitable trades using support and resistance levels. Your strategy should know when to enter and exit and the market.

It is important that you let your trade run through its full life cycle. You should let your trade run as long as possible and take your profits once it moves back from its high (level of resistance).

However, this fundamental strategy is easy to understand and harder to execute. When you start to become profitable on a trade, you will have the natural inclination to close out the position and take that small profit. You are leaving the majority of your profits on the table when you do this. It may seem a little strange initially, but it is better to let your profits grow as large as possible before you exit the trade.

The majority of trading is made up of long stretches of small wins and losses. However, there are a few highly profitable trades that occur to make up the bulk of your profits. These trades make the difference between making enough money to support your lifestyle and losing money. The key is to let your big trades play out when you have they have the chance.

What to be aware of:

Trading is inherently risky. The opportunities to lose money outweigh the profitable opportunities if you do not have a strong trading strategy. When you have figured out how to profitably trade, it is important that you have a plan to minimize your losses and preserve your working capital.

Before entering a trade you should know exactly what you are willing to lose on it. This is your maximum loss. How much working capital can you lose and still be left with enough to continue other trades? That question is fundamental. Just as you can ride out a trade to a large profit, the opposite is true. You can ride out a trade that can bankrupt your working capital. Don’t be ashamed or try to prove your trading idea right. The market is always right, so when your trade falls below your maximum loss, exit the trade immediately and use your remaining capital to add to your profitable trades.

Conclusion:

Remember to take a long-term approach to your trading strategy. The longer you profitably trade, the more money you will make. Your strategy should be set up so that you trade only when the upside outweighs the downside. Your profits will be defined by how many trades you make and you will not have to depend on making homerun bets to be successful.

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