Showing posts with label brokers. Show all posts
Showing posts with label brokers. Show all posts

Thursday, September 11, 2008

Using Zig Zag With SigmaForex



Volatility and daily price fluctuations can produce erratic movements or noise. The ZigZag can be used to filter this noise. If price movements smaller than 5% are deemed insignificant, then the ZigZag can be set at 5% and all movements less than 5% will be ignored.
The ZigZag can be used to identify waves for Elliott Wave counts. (Note: The object of this article is not Elliott Wave Theory, but simply to illustrate methods of using the ZigZag.)


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The HPQ example set the ZigZag at 15%. All moves 15% or greater were drawn and those less that 15% ignored. A large advance began in Oct-99 and formed a 5-wave structure that lasted until mid 2000. Within this larger structure, other smaller waver counts can also be deciphered.
The ZigZag can be used to measure retracements.


Sigma Forex is leading European professional online trading Brokers registered in the Uk and most of the EU countries. It was founded by professional private investors including (banks, traders, brokers, and software developers), which enabled Sigma to identify the essential needs of the Forex participants from the start. Register Now With SigmaForex


After an advance, it is common for a security to retrace a portion of its advance with a correction. After a decline, it is common for a security to retrace part of its decline with a reaction rally. According to Dow Theory, 1/3, 1/2 and 2/3 retracements are most likely. Based on Fibonacci numbers, 38.2% or 61.8% retracement levels are deemed significant.

Friday, August 22, 2008

SigmaForex "Forex Education = Forex Success"



In the world of Forex, only one rule is unchangeableThat is, only someone who knows the trend and the going-on of the foreign exchange market can have the benefits of having high return rates and income and have the chance to attain success in the lucrative market of Forex.It is no surprise to find that a growing number of people these days are keen to participate in the world's largest and most liquid financial market and a market which is essentially open for trading twenty-four hours a day. Many people have become very rich through trading in the Forex market and it has allowed a lot of individuals to replace their day jobs and enjoy the comfort of working from home a few hours a week. It has also made quite a few millionaires!If you enter the world of real time Forex trading without the necessary knowledge and skill then you are almost guaranteed to lose money. However, if you take the time to learn what you are doing before you start trading with your own hard earned money then you will go a very long way towards minimizing your risks and maximizing your earnings potential.Some have carefully studied the foreign exchange market over the years, had their Forex tutorial and have planned their investments according to predicted changes. The shrewdest of investors have profited immensely, as they were able to learn the market, see disaster coming and knew exactly what to do in order to minimize their losses. Of course, learning all of these financial aspects would involve a solid Forex education.Though Forex is a very lucrative market, where everybody can make Forex money, all must bear in mind that it is not like a one day millionaire, where money will flow overnight. IF you want all things to be as fast as you can, you must think twice. Stop for a while and have Forex Training first before battling in the real world of Forex.Forex training will be your first step to success. Not only that, it will be your foundation in every trade you made and whenever you are lost, you can always count on your former knowledge about Forex. Forex education brings the knowledge of professionals into your personal trading. Forex training helps you know where to enter a currency based on the direction it is taking and how to forecast that direction. Forex Training allows you to learn how to trade currencies with or without a coach. As you trade, your Forex training can truly help you become the master of your money.Forex training sessions are designed to give new and experienced traders all the necessary tools to start buying and selling currencies in the Forex market. Forex training program would not only be for beginners who want to learn how to start day trading, but also for more experienced traders who already had some stock or futures trading experience. Forex training will help you succeed in your currency trading as you learn to trade the Forex like a pro.Have you ever desired to learn more about Forex trade and Forex finance but weren't sure how to get started? Don't worry because there is a lot of Forex Training available around. But you must choose carefully, your Forex Training and Education is your primary key to succeed in Forex. If you want to be sure of what you are learning, take a look at BestForexTraining.com and you will see the how can you have the best Forex education.

Monday, July 21, 2008

Meta Quote Fixed Meta Trader 4 Error

Meta Quote Fixed Meta Trader 4 Error
Strange And unbelievable!
Meta Trader 4 has the option that you can enter more than type of account for different brokers through the same platform.
For Example If You installed SigmaForex Platform, you will find in your drive C:/ the following Pass: [C:\Program Files\MetaTrader – SigmaForex]
If you installed another Meta Trader 4 for another broker a conflict can be occurred because 2 Meta Trader 4 but for different Brokers.
Let's Continue our example with another broker like FXCM or Interbankfx or Swiss Global Broker.
All of them are using Meta Trader 4 as trading station. Let's Install FXCM Software.
You will find this pass in your Drive C:/ [C:\Program Files\FXCM Trader 4]
N.B: Some Versions of windows copy the same folders while installing the same version of the software

That You may find FXCM installed inside SigmaForex & this one from the disadvantage in Meta Trader 4 & Meta Quote published this issue in their FAQs to be available for Traders to solve the issue.
The Solution is to open the platform that you are using e.g.: SigmaForex. Then Open A folder called Config. [C:\Program Files\MetaTrader - SigmaForex\config]
You have to erase All SRV files for other brokers & just leave SigmaForex-Demo.svr and SigmaForex-live.svr
And here's the post of the Meta quote from their website:

"Client terminal allows you to connect to any MetaTrader 4 Server.
If you connected to another company's server from your client terminal, the parameters of that connection were stored in a special configuration SRV file in the "\MetaTrader 4\config\" folder of the client terminal.To remove foreign servers from the server list of your client terminal, just go to the "\MetaTrader 4\config\" folder of the client terminal and delete the unnecessary SRV files."