08.11.2010 Post in Events
October 23 was marked by another lunch seminar held at one of InstaForex introducing offices in Kelantan, Malaysia. The key speaker was a leading InstaForex analyst Asri Mahmood: he initiated traders, longing for deep knowledge, into the secrets of intraday Forex trading.
Besides the useful information about the currency market, InstaForex Company has arranged plenty of pleasing surprises for its clients. Everyone who visited the seminar at the InstaForex introducing office got presents from the company and also a bonus of USD 40 to trade with. Furthermore, the visitors of the seminar took part in “Lucky Draw” lottery. Each of the five winners of the draw was granted USD 200 credited to his/her account to manage.
InstaForex Company thanks all the visitors of the seminar and hopes to see them once again at the next event within the framework of the educational seminars in 2010.

October 23 was marked by another lunch seminar held at one of InstaForex introducing offices in Kelantan, Malaysia. The key speaker was a leading InstaForex analyst Asri Mahmood: he initiated traders, longing for deep knowledge, into the secrets of intraday Forex trading.

seminar7

Besides the useful information about the currency market, InstaForex Company has arranged plenty of pleasing surprises for its clients. Everyone who visited the seminar at the InstaForex introducing office got presents from the company and also a bonus of USD 40 to trade with. Furthermore, the visitors of the seminar took part in “Lucky Draw” lottery. Each of the five winners of the draw was granted USD 200 credited to his/her account to manage.

seminar19

InstaForex Company thanks all the visitors of the seminar and hopes to see them once again at the next event within the framework of the educational seminars in 2010.

seminar8


Added by Vladimir Syrov,
InstaForex Chief development manager

27.10.2010 Post in Trading

Forex trade should be based on a sophisticated trading strategy. Of course, the main trading principle remains the same – buy cheap, sell expensive. Profitability of your trade depends not only on right predictions of a market movement, but also on your ability to work out an effective strategy. The strategy designed completely by the trader is the only kind of strategies that can effectively work for him/her. It implies accurately planned actions that rely on market trends.

There are 4 types of strategies – long-term, medium-term, short-term and supershort-term.

Medium-term strategy suits those traders who cannot permanently follow market changes. The longer the strategy period is the less risky it is, but the more money it requires to deposit.

Medium-term trading supposes positions being opened for the period from one day up to one week. Proper correlation of deposit and margin allows the trader to avoid almost any risk.

Medium-term trading is the most popular type of Forex strategy as it unifies Forex newcomers and
professional traders.

For successful Forex trading it is useful to carefully choose a trading strategy and stick to a logical and rational approach.

Added by Alexandr Kornilov,
InstaForex Clients’ relationship manager

21.10.2010 Post in Trading

The long-expected new trading platform MetaTrader 5 by software developer MetaQuotes Software Corporation was officially released on 1st June 2010. It has a set of impressive advantages both over the previous MetaTrader4 and other trading terminals.

Now there is a single position for total result of each currency pair, which makes trading more convenient. Moreover, abolition of position locking minimizes trader’s expenses for entering and exiting the market. Also the terminal now supports 4 types of order execution: Market, Instant, Request and Exchange. Aside from the market orders Buy and Sell, 6 types of pending orders are supported: Buy Limit, Buy Stop, Sell Limit, Sell Stop, Buy Stop Limit and Sell Stop Limit.

Another useful novelty is that quotation history in MetaTrader 5 terminal is stored in the minute timeframe (M1) only, and all charts are constructed on its basis. Such a concept allowed increasing the number of timeframes up to 21, so any period is available for quotation analysis: from minute to month timeframe. The way of historical data storage in MetaTrader 5 terminal is also highly economical.

Another important advantage of the new platform is the implementation of new development environment – object oriented programming language MQL5. It includes MetaEditor 5, MetaTrader 5 Strategy Tester, MetaQuotes Language 5 (MQL5) and client terminal MetaTrader 5 where expert advisors are executed. MQL5 has a very high speed of execution and is very close to C++ language in that parameter. For comparison, new language is 4-20 times faster than MQL4. High speed makes the development of even the most complex expert advisors easier and faster. MetaTrader 5 Strategy Tester is the most powerful instrument for any expert advisors developer. With it you can acquire expert advisor work results based on history before using it in real trading. Detailed reports on trading system allow traders to test expert advisors, detect their weaknesses, and compare them with other similar products.

Added by Tatyana Makhina,
InstaForex Clients’ relationship manager

12.10.2010 Post in Trading

The trading on the international currency market is divided into two groups: long-term and intraday. However, their methods and approaches are different. Today we will talk about the features of long-term trading on Forex market.

It is deductible from the term that this kind of trading requires a long period of time. This method implies a deal with “take profit” and “stop loss” orders.

In several days or weeks, or even months the trader sees that one of the orders got activated. In this case only two variants are possible – big profit or insignificant loss that depends on the level of your stop-loss. Besides, using long-term trading it is possible to close the deal in advance. Everything seems quite simple, but it is necessary to remember that before making a deal and setting the “take profit” order a serious analysis of the current market situation should be carried out.

The trader should foresee if the currencies are now going to move the right way and continue this behavior in the future. It is not a problem for an experienced trader – conclusions about currency fluctuation can be based on weekly or monthly flow chart.

There is one thing the trader should not forget about while long-term trading – it is swap. Swap sets a deposit limit for long-term traders. In case you open the position that moves against you, you will regularly lose swap. It means that even if your deposit is comparable to swap loss, you will not get any significant profit despite the fact the trend moves the right way. You will lose money every time the position is passed overnight.

In spite of the fact swap losses are not big, they are very frequent. On the other hand, swap can be means of earning in case of the right market movement. Passing the position overnight is not dangerous itself, but in case the direction is originally wrong the deposit should be big enough to resist price movement against it.

Long-term trading has a considerable advantage – losses are very rare. Risk of loss is even less when you deposit a considerable sum. Working with as little as 1-3% of your deposit you make sure it is well defended. Even if currencies move thousands pips against you it will not affect your deposit. Nevertheless, certain money management rules should be followed; otherwise, it is just as easy to lose everything in the future.

Long-term traders must have a lot of patience. You will have to wait for a long time; if you cannot wait so long, you probably should pick another type of trading – short-term trade.

Added by Alexey Skachilov,
InstaForex
Clients’ relationship manager

08.10.2010 Post in Trading

Intelligence, intuition and instinct are the base for trader’s perception of the currency market activity.

Intuition allows one to gain an insight of things not by reasoning or logical thinking, but by means of immediate, unconscious inspiration. As a result, the trader can understand the market, but with his heart, not his mind. Nevertheless, even the most insightful trader has to understand that he/she should not entirely rely on the intuition while trading.

Intelligence provides the ability to logically analyze the activity around trader and make the simplest and the most correct decision. Intelligence enables the trader to break any deadlock.

Instinct is only revealed materially. Any action performed by the trader is originated from his/her desire to satisfy his/her material needs. If the trader fails to accomplish any deal this can be compared to procuring food while which the trader faced an unforeseen obstacle and lost one of his/her body parts. A normal person would retreat and never come back.

In case the trader finds a way to earn without spending much physical and mental effort this can be compared to finding abundant lands with lots of untamed game. Therefore the trader will come back to obtain as much benefit as possible. This is how market’s tendencies can be identified when strong one-directional rate dynamics supports itself.

Added by Ekaterina Pobedisnkaya,
InstaForex International clients´ Chief Manager