The Most Important Secret To Creating A Very Powerful Forex Trading System. Construction indicators constitute a significant group that is included in the calculation of the GDP of the United States

in #trading7 years ago

Construction indicators constitute a significant group that is included in the calculation of the GDP of the United States. Moreover, housing has traditionally been the engine that pulled the U.S. economy out of recessions as it did after World War II. These indicators are classified into three major categories:
housing starts and permits
new and existing one-family home sales; and
construction spending.
Construction indicators are cyclical and very sensitive to the level of interest rates (and consequently mortgage rates) and the level of disposable income. Low interest rates alone may not be able to generate a high demand for housing, though. As the situation in the early 1990s demonstrated, despite historically low mortgage rates in the United States, housing increased only marginally, as a result of the lack of job security in a weak economy. For example, in spite of the 2000 – 2001 recession, the cost of houses in California hardly decreased. Housing starts between one and a half and two million units reflect a strong economy, whereas a figure of approximately one million units suggests that the economy is in recession.

The Most Important Secret To Creating A Very Powerful Forex Trading System

Dismantle the Secret of TERPENTING How to Create a very powerful Forex Trading System that MUST be known by anyone who wants to run forex trading business successfully and well controlled.

A powerful trading system does not have to come from a trader with decades of experience. Of course high flying hours also contribute to one's trading ability, so it makes sense that a veteran can make a great trading system.

What I want to say here that could be a trader who have experience of three or four years can create a tactic or trading system that turned out to be profitable.

IMPORTANT SECRETS How to Make Forex Trading System Extremely Powerful
First, specify your style. Are you an intraday trader? Are you a scalper? Or are you a long-term trader? Determining this style is important the reason is - back again - it should match your script.

If you're an impatient type of person, then it is impossible for you to be a long-term trader. Conversely, if you do not really like wild fluctuations, it is impossible to decide to become a scalper. Determination of this style will also determine the next step.


Secondly, choose the analytics tool you like most and master. Remember these two keywords: like and master.

For example: technical indicators. You may like certain indicators if and only if you master the way they are used. You should also know where the advantages and disadvantages of the indicator.

Do not like an indicator is just a reason that you've seen someone can use it well and get a profit.

Remember, here you are carrying out the trading and what happens to the capital you manage that is your full responsibility. Therefore, you must really understand what you are going to do.

As I have said, every technical indicator certainly has advantages and disadvantages of each. For that reason you should also master other indicators that can cover the weaknesses of the first indicator.

This second indicator must also have an advantage that is not owned by the first indicator. For example, stochastic, which can show a valid signal when market conditions tend to sideway but failed to follow the market being rally. This weakness can be covered - for example - by combining the stochastic with the moving average, which was created to recognize the fever of the issue but not well in anticipation of the sideway market.


Third, test by carrying out research and simulation using your analysis tool.

Research and simulation can be done in two ways:

backtest and
forward test.
Each method has its own advantages and disadvantages, but I suggest to do both.
The backtest method has an advantage where you can see your system's track record by using historical prica data.

You can use the data up to several years back. But of course the quality of the data will affect the assessment. Incomplete data will show less accurate results. To anticipate, use as much data as possible. For example the price movement data up to five years back.

The forward test method has an advantage where you can exclusively test the trading system live with real market conditions.

Thus you will taste exclusively the impact of any decision you take. It is recommended to use a demo account or a Demo Account, but remember that you still have to treat the demo account to resemble a real account. I once wrote an article about treating a demo account like a real account.

Do forward testing in a long period of time. Do not be satisfied just according to the results obtained in just one-two months.

Some professional traders advise forward testing for at least six months, with the expectation that dynamic market attitudes are likely to fluctuate within the six months.

Thus, you will get enough data to know the weaknesses and advantages of your system in many conditions.

Fourth, mix with good money management and risk management. Remember 3M: Mind, Method, Money. All three must go hand in hand.

A sophisticated trading system resembling anything will not have the success rate as well as a system combined with good money management and risk management. Remember also that discipline is also very important role in your trading success.


Fifth, always do the necessary assessment and upgrading. As pointed out in point three, the market is very dynamic.

It could be there when your system can no longer keep up with market changes. At that time you should evaluate the trading system. Locate where the weakness is to be fixed immediately, then upgrade as deemed necessary. After executing this fifth step, you need to repeat again from step two.

How to Determine a Trusted Forex Broker

How to determine a trusted Forex broker - Forex trading is indeed global. Basically the government, has set the basic rules in a business through, UUD Number 10 Year 2011, the discourse of the amendment to Law Number 32 Year 1997, the discourse of Commodity Futures Trading.

The Constitution and the Act. Tentunnya made with the purpose, to protect the right of investors from the existence of funds already invested. Do you feel peaceful and secure, if you entrust your funds to a broker who is not light legalistas it? Surely not. Sometimes there is often a case of fraud in investing, with various ways to raise funds from the inversetor, and then in take away funds that directive.

In Indonesia there are three parties who are able to act as an authority in Forex trading. Among other things, the Commodity Futures Trading Supervisory Agency (BAPPEBTI), or the Jakarta Futures Exchange (BBJ), and the third Indonesian Derivatives Clearing House (KBI). It is logical that the legal brokers, who are good, of course obtain the official permission of the above three priorities.

But to avoid unwanted resembling fraud. Actually there is a simple trait, which you can see on the Website of the Forex broker. by the way, if not officially licensed, of course, does not show the official permission from the authority in Indonesia. More details again the characteristics of illegal Forex brokers, you can see below.

The characteristics of illegal Forex brokers:
Unclear office location, resembling incomplete or otherwise.
Not registered in BAPPEPTI, BBI and BBJ.
The contact medium is unclear, resembling a chaotic administration or corporate structure.
Not possessing or having a transaction permit abroad.
After you register, the withdrawal of funds is complicated.
Those are the characteristics of an illegal broker, but you do not feel anxious or afraid. About the broker's fraud. There are several ways and tips to anticipate:

How and tips to anticipate fraud:

  1. You need to remember back the legality is the main. Especially for those of you who are interested in local brokers, be sure to know the permission is undoubtedly on the 3 authorities, which we have written above, lest you be deceived with words, resembling Permits being processed or other reasons.

  2. This applies if you get an offer. By way of offline or by meeting and meeting face to face, it makes sense if you meet with the salesman of the broker, they undoubtedly have prepared various kinds of words that can seduce you, but you must really hold the salemas of the broker resembles the below this:
    To request a contact / phone / ID from the salesman person. That you met it, meticulously assigned from the mentioned Forex brokers, the reason it is also able so he mengasnamankan from other forex brokers.
    By studying customer agreement documents. Risk notice, Term of service and others.
    By examining how your margins are made.

  3. Checks and checks from the profile of the broker company resembles the following:
    Learn the company profile and its performance. Experience can be a value-added forex brokers who have a permit and have been up for a long time, certainly able to believe, but otherwise would not.
    Ask and understand the discourse of customer complaints & supervision system.
    Request certainty and clarification of Segregate Account.
    That's the tips and ways to determine a trusted broker. Perhaps the one who is able to cause a peaceful trader is, a broker sanski who does not have permission from BAPPEBTI, is 10 years in prison and added with a fine of 20 billion. Which has been set in Law Number 10 Year 2011 with Article 71 paragraph 1. And there are many other sanski for brokers cheats.

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