Start their way to the Forex - a look at some important points that should draw the attention of traders are starting to play the stock market. Following this advice in its trading system, you will increase your chances of a successful trade.

1. If you are a newbie, increase the use timeframe, you should trade at intervals of not less than 60 minutes. Transactions in the Forex market on small time frames do not give the overall picture and can lead you astray. Using longer time periods such as 60-minute, 4-hourly and even daily, much easier to determine the trend planning your trade.

2. Be sure to reduce the size of the transaction up to 5% of total capital, to trade more prochentom of your deposit is very risky. Large shoulder 1:100 forex trader can bring more profits, but do not forget beginner Forex traders that do not respect this simple rule often leads to rapid loss of capital. With this approach to trade you will not lose all your money, and you will be able to quickly recover the loss.


3 When you select your trading system you should consider the sharp fluctuations of prices in Forex, if you define the main trend, do not let the market to throw you out of the fluctuations in the price of the transaction against you. For example, the volatility of the yen higher than the franc. At this hour when working with candles for the yen stop-loss of about 50 points, 40 points for the franc. If you do not put a big stop-loss order and your transaction will often be closed with a loss, and the price in the meantime can go back in a certain direction before, but alas, this time without you.

4. Now for the technical indicators. All the indicators are based on past events and can not accurately determine the behavior of prices in the future. I urge you all refuse from technical analysis simply does not want a lot of them. Identify the main trend will simple moving average, MA or other trend indicator, choose a pair of oscillator and trade with the trend. The decision of traders successfully trading in the Forex market, unlike novices rely not only on technical indicators.

5. Do not trade at the same time a lot of currency pairs, choose only one or two main couples, do not trade with exotic currencies. Impact on prices of exchange primarily provide fundamental data to analyze the behavior of couples need to monitor developments in countries using those currencies. If you trade too much steam, hard to keep track of all news and events. Eventually, when you type experience, you will not be difficult to sell a greater number of currency pairs, in any form currency one way or another connected. And have their own laws for example if the EUR-USD is rising USD-CHF falls.

6. What is the brokerage company to choose in the Western or American stock exchanges if you have a small amount can try to negotiate with the broker to enable you to trade mini-lot. If no such opportunity - select another brokerage, trade mini-lots is very important if you have enough money in the account. In Russia, almost all Forex brokers offer a possibility to trade mini-lots, and you can begin to work with 5-10 $.

7. Fundamental analysis is a look at the market, as it were on the opposite side than technical, and many factors affect exchange rates. Particular attention to the important news headlines that may impact heavily on the exchange rate. Before the release of important news, it is better to close an open transaction. There are more than twenty-specific economic indicators that have an obvious influence on the behavior of exchange rates (GDP, trade balance, the producer price index and consumer price index, unemployment, etc.).

8. When you open a position to determine the direction of trend, for example using simple averages, wait rollback (using Fibo levels) and enter the market, trade in that direction. The safest Forex is trading with the trend. At the entrance be ostarozhny, if the price has reached the line of support or soprativleniya (price high or low), it is possible that the price movement (trend) may be replaced. Many trading systems are based precisely on demolishing the levels of support and soprativleniya.

9. Be sure to use stop-loss. Very often novice forex traders do not even think about defending their positions, and it threatens to be left without a deposit. Do not place the stop too close to the price (see paragraph 3). When properly set stop-loss, such as 15 deals a stop-loss, and 10 profit you will still be in the black, if you will not soon close its profitnye position. And then you can move in without a stop loss and move into place with the trend.

10. And another tip is not to listen to "guru", if they know exactly how to change the price in the future, it is not nobody know and trust unconditionally forecast forex. The huge forex market ensures that no one has a 100% reliable information which will cost in the future. There are many factors that influence the currency rates, so that boards "guru" is only their opinion and nothing more. And remember, no computer programs and indicators do not replace, the experience, acquired knowledge and your intuition, strive for your goal and you will succeed