Trailing Stop

When you set a trailing stop (for example, by X points), the following happens: the terminal fails to take any action until such time as the position will not be released to the profit of X points (specified by the trailing stop). After that the terminal puts stop-loss at a distance of X pips from current price (in this case - on the break-even level). When you receive a quote, when the distance between the current market price and the stop-loss `bigger than X points, the terminal sends a command to change a stop at the distance of X pips from current price. Thus, the trailing stop - this is a specific control algorithm stop-loss - «movement after the current market price." Attention! Trailing Stop works only if your terminal is running and connected to the server through the Internet.

Favorite Stop and Limit orders

This order will be executed when the price reaches the value specified in the warrant. Limit orders (Buy Limit / Sell Limit) is executed only when the forex market is traded on the set in the order or a better price. Limit order to buy (Buy Limit) is placed below the market and limit order to sell (Sell Limit) - above the market. Stop order (Buy Stop / Sell Stop) is executed only when the market set in the order, or worse price. Stop order to buy (Buy Stop) is placed above the market and stop orders to sell (Sell Stop) - below the market.

Installation conditions of orders such as S / L, T / P, Stop and Limit

For all currencies, the order price to be different from the current market bid price or ask for at least 10 points depending on the direction of the position on the Forex.

What is stop-loss (S / L) and take-profit (T / P)?

Stop-loss - is an order that has a very important role in Forex trading, which can be installed during or after the transaction. The purpose of this order - to limit potential losses, ie reaches a certain value quotes stop-loss `a - your position is automatically closed at a loss, or perhaps with a plus, if stop-loss order has been moved either zero or a plus if the price reaches the side opening of the transaction. The term Take-profit - an order similar to warrant stop-loss, but the exact opposite, ie your position is automatically closed when the price reaches the value order.

What is leverage?

Leverage - the ratio between the collateral and allocated under its borrowed funds: 1:50, 1:100, 1:200. 1:100 leverage means that you do for the transaction must have a trading account with a broker an amount 100 times less than the amount of the transaction. Example: You buy 1.0 lot USD / JPY. With 1:100 leverage necessary margin would be $ 1,000, at 1:200 - $ 500, and at 1:50 - $ 2000, but the cost of this item is not changed.

Leverage when opening an account for Forex, is automatically set to 1:100. If necessary, you can change the shoulder by contacting technical support.

Terms Forex

Terms Forex trader should begin to understand the basics of the terminology of the market and understand how they work. Due to the fact that the international Forex market (Forex - Foreign Exchange), was born abroad, the set of terms and abbreviations are indicated in English. It is important to immediately grasp the basic concepts and terms, as they frequently will still meet you as you learn the forex market.

Fundamentals of Market

Forex Basics, this section, without which the novice trader, it will be very difficult to move on. Not knowing the highlights of the formation and development of the Forex market would be virtually impossible to understand it more complex mechanisms. Only by relying on these basics of the Forex market, the beginner trader can move on.
During the inception of the Forex market, the price of goods was expressed in the prescribed quantity of other goods, there was a kind of exchange between all market participants.
Money used from the time of the pharaohs, but then they were in various forms. For example, in Babylon at the time, began to use paper money and checks, but still the merchants in the Middle East were the first who began to trade currencies, changing the coins of one country to another coin. Already since the Middle Ages it became necessary to use other forms of money, not just coins.

Dow theory

In the late 90s in «Wall Street Journa» an article entitled "A Century of Charles Dow Index," which talked about the possibility of predicting the future market direction based on the results of previous auctions. This article is a famous person Dow Jones, the creator of the popular theory of Dow and the Dow.
This theory is applied with success and now, in today's technical analysis and it is called the "Dow Theory". This theory is repeatedly refined and tested. And with the introduction of computer technology has become easier to perform and display calculations in the theory on the charts. Often, technical analysts are not even aware that a large portion of them as modern instruments like technical analysis, contains at its core concepts and principles of the theory, laid down the Dow Jones.