Report valute del 03/05

Euro / U.S. Dollar (1.3246)

Here we go again: Asia has closed the trading day in negative right on rumors that the bailout of Greece are mostly just "political statements" to which, before actual disbursement of money, takes a long time. However today, London will be closed for holidays, but still attendiamoci high volatility. For the day today, we suggest to include long exposures, ie buying, the area ratio of 1.3246, but not just put stop loss should pierce to the bottom level of 1.3199. The target we set could be identified in area 1.3275. Should be able to continue with bucarlo purchases with the second goal, and then placed at 1.3295 to 1.3315. The pivot level that we identify for the day today is set to 1.3250. Keep stop loss levels on narrow, volatility is still very high. If you pierce downward the level of support we offer 1.3199 of short exposures, ie sales, with the first target located at 1.3175 and then at 1.3155.


Euro / Japanese Yen (124.58)

Today we propose to long positions, or to buy the 124.58 area ratio but put a stop loss if it should reach the level of 123.99. The target we set for today is positioned to 124.75. If you pierce this support continue to increase with long exposures up to 124.95 with a final goal for the day today at 125.15. In this report, the pivot level that can be detected for today is positioned at 125.00. We suggest a strategy even if the relationship were to fall below the level of 123.99 to sell the report, with short exposure, and the first target located at 123.75 and if it bucarlo continue selling the relationship with objective and 123.60 after 123.15.


U.S. Dollar / Japanese Yen (94.03)

From our graphical approach that comes to us indicates that the level of 94.04 could be a long entry level, that is purchasing the report, however, do not forget to put a stop loss if the relationship were to fall to 93.79. The main focus for the day today could be identified at 94.55. If the ratio were to pierce the rising level of 93.55 could continue with the strategy so long and continue with the purchase of a new relationship with target set to 94.75 and then 94.95, although we believe it very difficult to achieve in the day today. In the event that the contract should pierce the level pivot positioned to 93.79, change operational strategy and short positions on the relationship, ie sell it, and insert first goal of the day 93.55. Should bucarlo sales continue downward until it reaches the level of 93.15.


GBP / U.S. Dollar (1.5259)

For the day today suggest entering purchase orders into 1.5259 area by entering a stop loss if the relationship were to reach a level of 1.5199. The target we set for today is positioned at 1.5275. If you have the strength to pierce this support to continue with long positions up to the new target position at 1.5295 and then at 1.5315. We should also include indications of where the ratio should fall below the level of 1.5199: in this case include short positions, that is selling the relationship with the first objective way to 1.5175 bucarlo and if it should continue with exposure Short up to the second objective of 1.5130.

Calm the markets

Closes a week very excited, although the calm seems to be back on the markets, the debt situation of sovereign states has not changed, indeed, the plan proposed by the EU and the IMF is going to mortgage and maybe kill, permanently both euro political Europe.

The aid that the EU member states must pay to Greece have an important place for most of our partners: for instance, Portugal, which is the next victim of the crisis, will credit the Greek about 800 million. But where will take this money if its rating of reliability has negative prospects, with an economy in recession and fiscal dancers? And this is just one example, Spain and Ireland will also contribute "pro rata" based on shares in European Central Bank.

Moreover, also within the EU there is another big problem for the time is omitted and set aside: Belgium. The government of Yves Leterme resigned a few days ago, after the institutional crisis seems to be the shadow of secession and internal cracks, the entire region in danger of splintering into three entities: Flanders, Wallonia and Brussels city. In the face of a united Europe.

In the U.S., the positive quarterly technology industry, including Motorola, Palm and the news of the acquisition by Hewlett Packard have revitalized shopping. So the situation is back to "normal" but what we have witnessed in recent days could be the nth degree, that we are going to meet very quickly, especially without the perception of what could really happen.

Caution, therefore, and especially attention to the many cracks that are creating this artificial dam and artificial, which could suddenly give way, and drag all the existing financial framework in a real disaster.

What is Forex

The Forex stands for Foreign Exchange Market, is universally acknowledged as the largest financial market in the world, thanks to the value of transactions on it are made. In fact, every day on the Forex market are performed almost 2 trillion dollars of transactions.

The Forex market is very liquid for this reason, able to operate successfully, is always given the leverage.

It 'also a market operates 24 hours a day, except weekends. And 'possible to those transactions involving the major world currencies like the dollar, the euro, the pound and the Japanese yen, but you can also operate on major global stock indices such as Nasdaq, the FTSE 100 and the DAC 30, and the main raw materials, including gold and silver.

In order to Forex trading you need certain financial instruments that are in pspecifico Forward Transaction, ie an exchange of money against securities, futures, which are characterized by high standards of both trade amounts to deadlines, usually made every three months, the swap, or exchange of currencies and the Spot, which is a financial exchange whose duration is only two days.

Currently you can invest in the Forex also directly, through the various online trading software in internet. We must always keep in mind, however, that the risk of losing and there is real, although limited to their initial investment, while the profit that he can get is theoretically unlimited. Obviously, we must always be careful and if possible, upon the advice of a professional.

Why Forex?

Investing in Forex can be a great opportunity for those who want to approach the world of finance and stock exchange, without the risk of losing large sums of money if things go wrong.

In fact, one of the fundamentals of Forex is that you can not lose more than what was invested, while the profit potential is theoretically unlimited.

The Forex is the largest market in the world, as well as "floating" could end up losing $ 100, then earn 200 within 5 minutes.

For those who want to gradually approach the world of FX, there are many internet websites that allow you to download the trial software, with which you can invest a hypothetical sum of 50,000 or 100,000 U.S. dollars and see how you quarried.

Among the advantages of investing in the Forex are:


participation of all the world's largest banks;
opportunity to earn even though the economy is stalled;
there are no commissions on transactions;
you can use leverage to carry out operations "important";
market is absolutely transparent and impossible to manipulate;
can be traded 24 hours a day;
has a double direction, or both if you can earn a currency or index gain value, and if they lose;
has some identifiable trends, studying past trends.

In any event, before approaching the Forex seriously, it is always advisable to understand the mechanisms that regulate it to avoid being left with unpleasant surprises.

Trading Indicators: RSI indicator

Trading Indicators: RSI indicator

Among the indicators used to do this, certainly the Momentum are among the most popular.

Beginning with some practical considerations RSI indicator, we can say that most of the time that you apply this indicator to our technical analysis, it is considering a period of 14 days. The longer the time period, in fact, less sensitive daren’t CSR. So a period of 14 days is definitely the best.

It 'important to realize also that CSR requires at least 90 periods of data to provide valid results. Otherwise, the formula does not give precise results for trend analysis. For those who do intraday trading, you need at least 200 days of data in order to begin to trust the validity of CSR.

The RSI shows us areas of overbought and oversold ones. Each time the value of the indicator is considered above 70, and then we are overbought, while any time below 30 is oversold. One thing to remember is that each oscillator, RSI included in a strong market trend will remain overbought or oversold for a while 'time. At these levels it is recommended to consider the first value as 80, not 70, and the second value to 20, not 30.

The biggest advantage of using an RSI chart is to highlight a difference between these graphs and the behavior of prices. While prices indicate a bullish divergence when price makes a new low, CSR continues to be below the value of 30 and fails to make a new low. When the values exceed the previous maximum IHR IHR itself, in the short term, there is a buy signal. Similarly, the event would be the opposite in case of bearish divergence.

Trading Indicators: Ravi indicator

Trading Indicators: Ravi indicator

Analysis and explanation on the functions and use of the indicator called RAVI from English Online Trading Range Action Verification Index.The indicator was developed Ravi Tushar Chandle and displays a chart with values from 1 to 7, this indicator behaves all'Adx very similar, except that it uses two medium smoothing, unlike other whose use it only involves.
The main function of ravi indicator is whether we are in the presence or absence of a market trend.
To understand whether we are witnessing a trend, we must look at the chart and see if the line of the indicator is above the value 3 and continue to grow upwards, in the opposite situation we are facing a range market.
The indicator was developed on a Sma 13 periods is good advice and set weekly (weekly).
Function for the calculation:
ABS (1000 (mov (Pr, ShortMA, S)-mov (Pr, Longmire, S)) / mov (Pr, Longmire, S));
Here's a screenshot of the indicator Ravi:

Keep a diary of operations

Every successful Forex trader knows that keeping a journal of trafficking should be something that falls in your trading plan.

Why is it important to keep track of all transactions?

What can the analysis of negative and positive positions to improve our trading?

It 'can even improve our operations and minimize both the risk?

Let's see all these considerations, in order to improve, day after day, our operation.

Bankruptcy is a word not accepted by anyone. The errors are perceived as a bad thing to be avoided at all costs. In fact, so well in the Forex, mistakes are good opportunities to learn and truly understand something, than to behave and act better when you try again. The key is, of course, analyze the error.

Even in the Forex, then, errors are inevitable. Instead of despair for the lost money, you know why you made that mistake and what you can do to avoid being in trouble again. The errors are the perfect tool for a trader to give immediate feedback for their actions and encourage him to find out why the money was lost.

From here comes the importance of keeping a diary of his trading. Inside there should be not only detailed analysis of operations gone wrong, but also an indication of what had happened. What happened? Why has he reached that decision on? We write as we moved and why the market went against us.

What matters is profit in the Fore global long-term. And in order to limit the number of operations go wrong, it is important to keep track of all the decisions you make during the hours of trading.

What to write in a diary of operations

Another reason for keeping a journal of operations of the forex is to stay organized and disciplined. All traders are influenced by pride, greed, anger, etc.

• Discipline is necessary and since most traders fail to keep writing without notes, a newspaper is a perfect tool to keep cool and calm. What to write? Track position is key to rapid improvement. Here are some suggestions.
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• Knowing "when” or record the date and time they entered and left by one position.
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• Knowing "where", or which currency pair is being traded and whether the exchange was long or short.
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• Keep track of prices also output. This will show whether trade has proved advantageous or disadvantageous. Write the size of the market, or the amount of currency bought, even if they are mini lots.
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• Note the number of pips that were gained or lost. This will give you a total return immediately. For example, 27 pips, and then 10 Pips-52 pips.
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• Write how much money you won or you lost. This will give you the opportunity to find gains and greater losses among all positions and understand what went well and what has turned into a bad decision.
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• Write in session that you have negotiated. New York? London? Asia?
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• A great way to get a complete picture is to have the screens of the trade. You can write your thoughts and ideas, to analyze the best decisions.
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• Always keep an extra space to write your feelings and emotions before and after the trade. This is not only beneficial to the trading forex, but you can also tell a lot about your personality!
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• The idea is to write everything about the positions and Forex.

Introduction to Forex

This is in fact the daily turnover (daily turnover) that banks, businesses and all investors have in the currency market, also known as the currency exchange market "or" Spot FX market. “We talked about the U.S. Dollar and Euro as it is the most traded currency USD. Price of a currency is expressed through the exchange rate (price), which is usually a reflection of what and how the economies (and currencies) and condition of the two countries concerned. Although barter was the first and oldest system for exchanging goods between objects and people, until the late nineties the Forex Market was considered rich stuff. But today anyone can start to trade (Trade).In fact now you enter into this market almost no initial investment, thanks to the bonus that the biggest broker to give novice investors in foreign currency.The brokers then are the intermediaries in this market. Thanks to the services they provide (real-time update of the evolution of values of currencies, graphics for a more immediate interpretation, etc.) And an internet connection, we shall be able to operate immediately in the Forex.In return, the brokers we rely withhold commissions on each trade (exchange).Not least as important is the increasingly popular Forex Forum: daily visited and commented by Forex Broker and Forex Consultant. In Forex Trading Online you buy a currency (currency) and it automatically sells another. Yes, just as in barter exchanged physical objects in the Forex Market items traded are the currencies of various countries. Buy for example Euro U.S. Dollars or sell Canadian Dollars for Japanese Yen. Combinations of pairs of currencies to be exchanged (called CROSS) are many:

USD / JPY

USD / CHF

USD / CAD

EUR / USD

EUR / GBP

EUR / JPY

EUR / CHF

EUR / CAD

EUR / AUD

GBP / USD

GBP / JPY

GBP / CHF

CHF / JPY

AUD / USD

AUD / CAD

AUD / JPY

AUD / NZD

CAD / JPY

NZD / USD

NZD / JPY

The first of the two currencies is called the "base currency" and the second "currency units" or "counter currency".Buy the base currency and then sell the second (quotas) is called in technical terms go long, buy back shares and sell the base currency is said to go short.In the jargon is also used to define Bull (Toro) who makes Long and instead Bear (Bear) who performs Short.Having done all this while staying at home not physically buys or sell currency:Trading will work with my base currency (eg Euros) with any currency may be interested.These are the major currencies that are exchanged:

USD United States Dollars

EUR Euro Europe

JPY Japan Yen

GBP Great Britain Pound (Pound)

CHF Swiss Franc

CAD Canadian Dollar

AUD Australia Dollar

NZD New Zealand Dollar.

The Foreign Exchange

The foreign exchange market exists wherever one currency is traded for another. The foreign exchange market is by far the largest market in the world in terms of transaction value, and includes exchanges that occur between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The exchange activities taking place in the global FX markets amounted to more than 1.9 trillion dollars a day (on average). The Retail traders (small speculators) are a small part of this market. They may only participate indirectly through brokers or banks and may be victims of fraud, scams Call (English = scam to defraud).
What says Peter Garnham Financial Times website (Published: October 9, 2006 20:48) "The foreign exchange market will have doubled its size next year, in just three years, thanks to increased participation by operators funds and pension funds, as is supported by a research release Monday. Tower Group, a financial research and consulting firm, said he expected that the total daily volumes on the foreign exchange market will exceed 3,000 billion dollars in 2007. The volume of foreign market, grew by 1.77 trillion dollars in 2004 to 2 trillion last year, were intended to grow to 2.6 trillion dollars this year and up to 3.6 trillion dollars next year, by acceptance of currency market as an asset class in every respect, in the words of Tower Group. In recent years Forex trading has become very popular among private investors’ popularity was mainly driven by the possibility of using the leverage and the opportunity to exploit the market in both directions. Many of the major brokers give free trial accounts for beginners to practice trading. It is important to know the securities offered by FX broker and to know that there is always a possibility of loss. It is necessary to identify the level venture that will run.