Posts Tagged ‘instaforex’

InstaForex sums up of the ShowFx Asia event in Jakarta

Wednesday, December 8th, 2010

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.

View the photoreport.

Added by Dmitry Golynsky,
InstaForex
Development manager

InstaForex Sniper: your first step to a million

Tuesday, November 23rd, 2010

Recently we got in touch with Mardi Marbun, “InstaForex Sniper” second winner, and asked him some questions regarding his success in the trading contests. Mr. Marbun was kind enough to agree to give us an interview and share his trading experience.

Mardi Marbun-2 IFX: Hello. How did you learn about Forex market?
MM: Hello, I learn about Forex market from articles in the Internet.

IFX: Is your education related to the financial field?
MM: No.

IFX: Is trading your main activity or just a hobby?
MM: Yes, trading is my main activity.

IFX: Do you follow the advice of analysts or prefer making your own forecasts?
MM: Sometimes.

IFX: Were you confident in your victory since the start or was it a pleasant surprise?
MM: Since the start, I was confident I will win it.

IFX: How do you think which competitive advantages helped you to reach the top? Or you just were lucky?
MM: No, I am not just lucky… but I tried hard to win the competition.

IFX: What was attracting for you in “InstaForex Sniper” contest?
MM: “InstaForex Sniper” is a difficult challenge, because there are many traders who take part in the contest.

IFX: Are there any pairs you are trying to avoid in your trading?
MM: No.

IFX: What is your strategy based on?
MM: Fundamental, technical and economic forecast.

IFX: What would you wish and advise the contesters which you have overcome?
MM: Never give up in despair!

IFX: Thank you for participation! Wish you always have such a great luck!

If Mardi Marbun’s success has inspired you, you can try your forces in the next contest, coming up on Monday, 29 November.


The interview was obtained by Ekaterina Pobedinskaya
,
InstaForex Clients’ relationship manager

Trading On Top With InstaForex!

Tuesday, November 9th, 2010

The international broker InstaForex always strives at providing its clients and partners with the highest-grade services. The high level of InstaForex is expressed all along the line: trading conditions usability; a wide range of instruments; high-skilled support service; individual approach to each client regardless of the trading volume; speed of deals execution and many other things allowing InstaForex Company to reach the top of Forex market.

Now these heights can be seen!

At the end of October 2010 two employees of InstaForex Company Pavel Golubev and Evgeny Okhrimenko made an uprise to all 5 mountain peaks of Breithorn in Pennine Alps. On the top of Western Summit Mountain at a height of 4165 meters (13661 ft) above the sea level the beginning alpinists planted a flag with the notation of InstaForex Company.

Apart from this, on one of the tops due to a direct visibility of the nearest mountain village called Zermatt, and consequently, availability of cellular communication there was established an Internet access. You may ask: “For what?”

No, the staff of InstaForex did not want to check the corporate e-mail box, contact some client or write a message in Twitter. Internet was necessary for trading! At a height of more than 4000 meters (13000 ft) the employees of InstaForex Company downloaded the trading terminal InstaTrader and carried out two buy/sell deals with EUR/USD and GBP/USD setting a world record of the highest trading above the sea level.

main-photo

Mounting on the Alpine top two bravehearts of InstaForex Company had to overcome tangible obstacles and challenges on their way. But despite the frost, icy slopes, blinding sun and not less blinding snow, InstaForex flag planting and online trading on the mountain top through InstaTrader terminal – that was the aim of ascent which was attained perfectly.

Above all, this event symbolizes not the courage and leisure interest of the company’s staff – but the team’s aspiration to conquer new peaks of alpinism and trading as well.

New achievements of InstaForex are ahead. Together with our clients and partners – we will do it for sure!

Be with InstaForex – be on top!

Added by Pavel Golubev,
InstaForex Online projects manager

View the photoreport and the diary of mountains conquerors.

The features of long-term trading on Forex

Tuesday, October 12th, 2010

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

Ichimoku Kinko Hyo technical indicator

Friday, October 1st, 2010

Any indicator, giving signals, is aimed at helping a trader to make a correct decision. The indicator is to provide clear and distinct signals so that they did not appear ambiguous to a trader.

The Ichimoku indicator was developed in Japan by Goichi Hosoda for Nikkei 225. Today this indicator is combined with Japanese candlesticks’ analysis due to the inability of the latter to determine market entrance and withdrawal levels and also market stop and limit orders.

Ichimoku is a trend indicator, detecting the generating trend, the one that has just originated and the reversing one. However, the Ichimoku indicator is not as effective for a flat market than for a trend one. Using this indicator, a trader can determine the currency status: flat or trend and the direction of the movement.

The Ichimoku indicator provides much information about the existing trend, its direction, support and resistance levels. It is represented by the five lines on the price chart. Four of them show the mid-point of the price spectrum for a certain time span. These lines can be also interpreted as the border line between bull and bear dynamics of the market.

The indicator’s lines:

  • Tenkan-sen (red line) shows an average price for the first time span, seen as the sum of low and high for this time span divided by two.
  • Kijun-sen (blue line) signifies an average price for the second time span.
  • Senkou Span A (yellow line) indicates the mid-point between the two preceding lines, shifted forward for the second time span.
  • Senkou Span B (brown line) shows an average price for the third time span, shifted forward for the second time span.
  • Chinkou Span (green line) indicates the price at which the current candlestick has been closed has been shifted back for the second time span.
The distance between Senkou lines is hatched in another colour, depending on which line is
situated above, and called ‘the cloud”.

The distance between Senkou lines is hatched in another colour, depending on which line is situated above, and called ‘the cloud”.

ishimoku

The key signal given by this indicator is the price crossing Senkou Span B line. The price crossing it from top downward is a signal to open a sell order and vice versa.

If the market is flat, the price is detected in the hatched area of the indicator. Crossing Tenkan-sen line from top downward suggests opening buy orders and vice versa.

If the mid- or short-term lines of Kijun-sen and Tenkan-sen are parallel to Senkou Span B it means that the market is being stable.

If the price is displayed in the hatched area and crosses Chinkou Span line from top downward, buy orders can be opened and vice versa.

Senkou Span A and Senkou Span B lines shape the resistance and support line in the hatched area. If the levels are higher than these lines then Senkou Span A and Senkou Span B lines are the first and the second resistance correspondingly.

The Ichimoku indicator signal is the Tenkan-sen line direction. If the line surges, the trend uprises; if it falls, so does the trend. If the line is parallel then the market is flat.

Added by Dmitry Antipov,
InstaForex Clients’ relationship manager