16.12.2010 Post in Trading

Each Forex trader should track the dynamics of the US dollar rate and estimate its behavior against other currencies. Successful USD trading can be organized by using graphic models, observing fundamental factors and paying attention to the market sentiment.

When trading the dollar it is necessary to mind the current US economy state. It is natural that a stable economy attracts investments, creates the atmosphere of confidence and safety, and ensures capital inflows, which allows compensating the trade deficit.

The US economy is experiencing a trade deficit caused by the import prevailing over the export. However, advancing economic indicators of the country seem quite attractive for foreign investments, which provides a good opportunity to recoup for the trade deficit.

Let us consider the factors affecting the dollar value:

Demand and supply. According to the indicators, import exceeds export; therefore, the demand for the US currency on the international market is not supposed grow day by day. Then the government and major corporations start to issue bonds. They are bought by foreigners, which results in growing demand for the US dollar and the appreciation of its value. Foreign interest in the dollar has been increasing due to the economic growth and improving incomes of the US companies. Market psychology also influences the dollar value. For instance, rising jobless rate and other negative factors tends to provoke bonds and shares selling. This is how money is taken out of the dollar sphere and converted back to foreign currencies, which determines the decrease of the dollar value.

Besides, technical factors should be taken into account. The most essential of them are news and statistical data related to the economies of the countries. They can help determine short-term and even long-term market trends. Sometimes psychological factors and sentiments can dominate over economic indicators. In this case it would be wise to draw analogies to the market behavior under similar circumstances. Please, keep in mind that a certain situation can always reoccur on the market.

Each trader develops a trading strategy in accordance with his/her psychological type. A trader is guided by his/her personal considerations when making a decision to buy or sell the dollar. The best decision will be the one supported by several different factors. Proper allocation of priorities and adequate estimation of market processes will lead you to the successful trading.

Added by Tatyana Makhina,
InstaForex Clients’ relationship manager

09.12.2010 Post in Events

International broker InstaForex Company has become a title partner of the leading Ukrainian fight club of M-1 mixed fights “Tornado”. Now a famous club is called “Tornado-InstaForex”. Together with a new name the club has obtained new victories. Thus, on November 6 within the fifth round of M-1 Selection Ukraine which took place in the capital of Ukraine – Kiev “Tornado-InstaForex” team has beaten the team of “Tez Tour Sport” in 4 fights with the score 3:1. And on November 26 in Simferopol during an ambitious tournament “Champion Fight” “Tornado-InstaForex” was an outright winner versus “CIS Select Team” with the overall score 5:0. It is worth pointing out that one of battles finished in the 15th minute of the fight.

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“Champion Fight” tournament where InstaForex Company was the primary sponsor has become the last and the strongest fight forum in 2010. Almost all the best fighters of mixed style were presented there from the CIS area. Television audience of tournament in Ukraine, Russia and other CIS countries reached a record number of 4 mln. viewers.

Supporting sport events is quite new but positive experience for InstaForex Company. The attention captured by “Tornado-InstaForex” club due to its victories can be a prologue for future more essential achievements in sport as well as in business. Next year “Tornado-InstaForex” will show you more exciting and bright victories over the rivals.

InstaForex – the choice of winner!

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Added by Ekaterina Abramova,
PR-manager of InstaForex

08.12.2010 Post in Events

In the period of November 27-28, 2010 the international broker InstaForex took part in another event arranged by ShowFx Asia brand in Jakarta. By a tradition, InstaForex Company’s stand was distinguishing among others due to a big number of visitors as well as high promo-activity. Thus, for example, each one who opened account in InstaForex Company obtained a monetary bonus accrued to the trading account instantly. Some lucky stiffs got the bonuses of 300 USD. Meantime, InstaForex Company representatives were actively running conversations with guests of ShowFx Asia Exhibition in Jakarta, discussing not only the innovations and achievements of InstaForex Company, but also the latest trends on Forex market.

InstaForex Company participation in ShowFx Asia Exhibition Jakarta has become a great opportunity for plenty of the company’s clients in Indonesia to touch base directly to the management, and for Indonesian partners – to talk about further cooperation and development prospects.

On the whole, the exhibition in Jakarta attracted high attention of different financial services users, financial market participants and just guests. It is caused by high paces of financial institutes improvement in Indonesia, the Asian orientation ShowFx Asia Exhibition brand and strong positions of the companies –participants in this region.

InstaForex Company thanks all guests once again who visited the company’s stand and hopes to see them all at the next exhibition where InstaForex brand is to be introduced again.

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Added by Dmitry Golynsky,
InstaForex
Development manager

08.12.2010 Post in Trading

Using the programming language by a trader brings him to a completely new trading level – autotrading. Today a trader has an opportunity to realize his ideas by means of application program – write an user-specific indicator, script for implementing one-time operations or create an advisor – automatic trading system. The advisor can work 24 hours without any outside interference – monitor all changes of financial instruments price, send e-mail messages, sms-messages to a mobile phone and make many other useful things.
This Forex instrument certainly attracts experienced traders and stimulates their success on Forex market. For the newcomers MQL programming language is some kind of a guide into Forex market, where certain streams are manageable.
The main advantage of applicable programs is an opportunity to carry out trading operations according to the algorithm set by a trader at his own discretion. Any ideas which can be expressed in the algorithm language can be inserted into the program and used in a practical trading afterwards.
Application programs composition for MetaTrader 4 trading terminal requires knowledge of MQL4 language allowing to create advisors, scripts and indicators by yourself bringing your ideas to life – profitable trading algorithms.
Using MQL programming language you can create:
• Scripts – sequences of commands, programs which are implemented only once on your demand. They can replace actions made by you daily during the trading.
• User indicators – technical indicators written as an addition to the indicators inserted in the terminal. They display graphs or any other visual information. In distinct from scripts they perform at each price changing.
• Advisors – mechanical trading systems attached to any financial instrument. Advisors as well as user indicators perform at each price changing.
• Libraries – set of functions for executing specific tasks.
If you want to become familiar with the programming language you have to spend quite much time for this purpose. The better you get wise to the whole received material the easier it will be for you to start trading with an automatic trading system.

Added by InstaForex Staff

01.12.2010 Post in Trading

The international foreign exchange market is increasingly popular mainly due to the fact that it is easily accessible:  to enter the market all you need to have is a computer connected to the Internet. Trading on this market does not require substantial funds and the very trading process can be run automatically with the help of advisors and almost no actions are necessary from the trader.

Beginners tend to lack essential skills and experience in Forex trading, so it takes time for them to start trading on their own. This is the reason for about 70% traders employing automated trading, forex advisors in other words. It helps them to prevent emotions such as panic or anxiety from affecting a trading process. All advisors are developed on the basis of many years’ experience of successful traders and professional analysts. But even though automated trading programmes fail to ensure 100% profit,  they enable you to start trading with no particular knowledge in this field.

Any forex advisor is  a mechanical trading system (MTS). Such systems function in compliance with a certain algorithm. All forex advisors are aimed at successful dealing. You can find Forex advisors and download them at any forex website. Yet, please, keep in mind, that not all of them are equally helpful.

Forex advisors have been employed by many traders for rather a long time. Each year there are increasingly more programmes of such kind, many of them are updated which boosts their practicality. Trading with modern advisors not only helps to derive profit, but also brings Forex closer to you and provides you with deeper knowledge of its basic principles, improves your skills and experience indispensable for successful trading.

Most advisors offered by forex companies do not require any special skills to start working with them.  Basically, all you need to do is downloading, installing and adjusting them. Once you did it you can begin to trade and be sure it will not take long to have visible results.

As a rule, such an automated trading system is offered free of any charge with a detailed description of its functions attached, which sometimes does not coincide with their actual capacities. So, it is not recommended to make these the basis of your trading. Experienced traders with profound knowledge of all strategies prefer trading on their own, guessing currency trends within some little time periods.

Added by Dmitry Antipov,
InstaForex Clients’ relationship manager