online trading platform

At the real-time online trading platform "WYCIWYG" (What You Click Is What You Get), requotes and slippages are belonging to the past. We are the first and only foreign exchange broker to offer Straight Through Processing (STP) on a fully Executable Streaming Price feed (ESP) and guarantee every valid order. Choose between our 1. Flash based trading platform (you can log in, where ever you are; no downloading of the online trading platform is needed), our 2. Java based dealing platform incl. WAP trading, with additional forex orders and other functionality and the 3. HTML based trading platform. This is the beautiful combination of portability and functions, with all the ordertypes of the Java based platform. No download needed and trade wherever you like. All 3 platforms are very user friendly and easy to use. 2-3 Pips spread on all majors and chose EURO, USD, GBP, CHF or JPY as base currency. 1% Margin and free multiple forex charts, news, analysis and one-click-dealing. Minimum account opening USD5000. Multiple language (11 languages) trading platforms

The "platinum" platform is one the most advanced online currency trading platforms today. You can trade 32 currency pairs plus gold and silver. Traders receive live streaming prices, a very high level of liquidity and instantaneous executions, with "double" click dealing for your safety. The platform is easy to use, fast and efficient, made by traders for traders. No dealer intervention; you can trade the way you want. NO requotes and tight spreads in all market conditions. Due to size and institutional clientele, we are able to offer tight rates provided by our relationships in the interbank market. Use Market, OCO, Stop, Limit, If Done and Trailing Stop orders. Free live, streaming financial news and commentary, extended actual analysis about currencies, metals, fundamentals and indices. News highlights will be displayed on your screen directly. Free professional enhanced charting and studies. The dealing rates presented on the demo platform are exactly the same as on the live platform; You will be able to see the consistent rates and liquidity offered. Minimum account opening USD1000. Leverage 100:1. You can also trade FX Options, with auto execution, via the same account

Pivot points

Pivot points are a form of support and resistance indicator, used by traders to anticipate price movement. Unlike fundamental analysis which relies heavily on economic indicators such as interest rates, trade balances, unemployment rates etc, pivot points provide traders with a visual tool to base their trading decisions on.

Determining pivot levels begins with the calculation of the actual pivot point, which is simply an average of the previous days high, low, and closing price. This number will be the basis from which all other pivot points will be calculated from. If the market rallies above this pivot point for example, this might indicate some strength in the market and vice versa. From this point you would then refer to the other 3 main pivot points to determine what the price may do next.

15 minute USD/JPY chart. Pivot Points based on prior days activity.

Notice on this particular chart there are only support & resistance levels 1. There is no need to put the 2nd and 3rd support & resistance pivot levels in because the volatility isn't great enough in this particular example. The actual price levels of the pivot points are shown under the respective pivot level. Here are the formulas used in determining the most commonly used pivot points, which is called the five-point system:

To calculate the actual pivot point (P) = (H+L+C)/3. Where H is the highest price, L is the lowest price, and C is the closing price of the previous days trading. In 24 hour markets such as the forex market, the high, low and closing prices are often calculated by using the Once the daily pivot number has been calculated, the next step is to calculate the initial support (S1) and resistance (R1) levels. Resistance Level 1 = (2*P)-L Support Level 1 = (2*P)-H

A second pair of support and resistance points are used when the price breaks the previous day’s trading range, and continues in the same direction until it comes to a second higher level of resistance or lower level of support. The calculation of these second pivot points are as follows: Resistance Level 2 = P + (R1 – S1) Support Level 2 = P - (R1 - S1)

These are the main pivot point levels used by traders around the world. Although you can have as many pivot levels as you want, it is most of the time unpractical, since the volatility that is needed to reach further pivot point levels would not often be adequate enough. Pivot points are a very widely used technical analysis tool, especially in the forex market.

Automated trading services

The following sites provide automated trading services and software for the forex market:

FX Engines

About FX Engines:

"FX Engines is the only trading platform built around trading the news. Our feature set and internal expertise can arm you for trading success, and we make it easy with our no-worry fee structure - no fees! Along with our execution speed, our automation system stands at the forefront of the tools needed to trade the news effectively."

MetaTrader 4

About MetaTrader 4:

"As well as many technical indicators and line studies, there is built-in language for trade strategies programming MetaQuotes Language 4. Using this language, you can create Expert Advisors, Custom Indicators and Scripts. Expert Advisors can analyze the situation on the market, make decisions, put pending orders, and open positions in on-line mode without trader's participation."

OneDayTrades

About OneDayTrades:

"With our total automation you can simply open up a brokerage account at our premiere forex broker and automatically have the account traded for you to the exacting standards of the OneDayTrades EURUSD & GBPUSD system."

ProSignal

About ProSignal:

"ProSignal delivers an Automated Forex Trading System and Charting Software/Alert package that makes trading the foreign currency market a reality for everyone. A simple automated trading system you can implement within hours."

Strategy Runner

About Strategy Runner:

"Strategy RunnerTM is a leader in fully automated system trading solutions. Strategy Runner Ltd. offers financial institutions and private traders a complete trading solution that brings definition and execution of trading strategies to a new level."

TradeBolt

About TradeBolt:

"TradeBolt™ is the world's premier fully automated system trading application. TradeBolt will take buy/sell order signals from any signal-generating system and automatically send them to any broker for execution within milliseconds. Enjoy hands-free trading™ with TradeBolt!"

Choosing a Trading Method, by Stephen Todd

While there are many ways to achieve currency-trading success, all methods have the following salient points in common:

1. Simplicity

Most of the best trading systems are simple.

There is no correlation between how complicated a strategy is and how successful it will be.

In fact, the simpler a system the more likely it is to be robust in the face of changing market conditions.

Some of the most successful systems of all time have been extremely simple and you don’t need much mathematical knowledge to understand them.

2. Liquidate Losers Quickly and Run Big Profits:

The basis of any successful trading systems that deals in leveraged products is:

You need to be able to run the big profitable trends and exit losers quickly.

All good trading methods do this, and use strict money management rules, to ensure preservation of equity.

3. Understand your Method

This may sound obvious, but you need to understand your trading method, and the logic behind it, so you can execute it with confidence and discipline.

4. The Importance of Discipline

Currency trading success is rooted in a successful method applied with discipline. This means a trader has a method and follows it. This however is much harder in practice than many traders believe.

When money is on the line all traders emotions come into play and unless they can maintain discipline, currency-trading success will elude them.

Let's look at some ways to maintain self-control and discipline when making trading decisions:

Firstly, you must be confident in your trading method. You should know exactly what you are going to do:

· When a signal indicates that you should enter a trade

· When a signal tells you to exit

You must execute your trading method in a disciplined fashion; if you don’t, you won’t have a method in the first place!

Secondly, and perhaps the best way to maintain self-control and discipline, is to feel confident in your trading method from the start.

If you have confidence when you execute your trades, you will "know" that over time they will be successful - even if you are suffering a string of short-term losses.

You must execute the buy and sell signals with confidence - these signals will lead to currency trading success in the long run, as you rigidly adhere to your method.

You need to stick with your method through good and bad times, and confidence in the underlying logic, will help you remain disciplined.

The more disciplined you are in trading, the more profits you will make longer term.

You should not underestimate the need for discipline, if you want long-term currency trading success.

If you read Jack Shwager’s Market Wizards, and the New Market Wizards, where he interviews the top traders of all time, you will see how all of them place an influence on discipline.

Currency trading success relies on a number of factors and these are:

Robust trading method + discipline = currency trading success

Remember, when trading any method, it will be of little use to you, unless you have confidence in it and can execute it with discipline.

There are a number of variables involved in longer-term currency trading success and the above are the salient points to keep in mind when deciding how to trade currencies.

Automated Forex Trading Systems

If you are looking for more info on Automated Forex Trading Systems than, this is the place my friend, i have been on this road so i know what i'm talking about.

Maybe you didn't had much success trading the forex market or, maybe you just have a busy life and can't stay glued to the computer, it doesn't really matter, the point is: you decided that automated forex trading systems suite your style better.

Nowadays there are many automated forex trading systems available and choosing one can be pretty difficult, so i just want to point out for you some important qualities you should look for.

- Profitability - you should look for an automated trading system that has at least a 60% rate of profitability. Anything lower it's not relevant.

- Small Drawbacks - even if a system is profitable, if the tests reveals at some moment a big drawback it means something is wrong, in other words, a good automated forex trading system should be consistent and the equity curve should be smooth just like in this picture:



- Trial period - If you are buying an automated forex trading system than you should look for websites that provide trial periods so you can test it on a demo account before paying for it and risking your hard earned money

- Good reviews - You think you have hit the jackpot and found the holly grail? Not so fast my friend, sometimes, when it sounds too good to be true, be very cautious. Do some research on google and see if there are any complaints about the product you are about to buy.

Well, that's it, good luck in your search for automated forex trading systems and have a green day!

CRUDE OIL

NYMEX Crude is consolidating on charts. Last week Crude Oil break its previous week high but was not able to sustain above it. For the coming week 70$ will act as major support and 80$ a barrel will be a major resistance.

For next week in Base Metals, Nickel can be bullish, as we saw last week Nickel was the only metal which was sustaining at higher levels. For the next week in Nickel, one should go for buy on lower level strategy if LME nickel sustains above $23250 then we can see it near $23650. In MCX Nickel 1063 is a good support, if Nickel sustains above this level then above 1083 we can see it near around 1105 level.

Gratuity formula

The Gratuity formula to find the Gratuity Calculation is Basic+DA X 15 / 26.Gratuity Calculation for west bengal Government employee,It is very shortly calculation the Gratuity for west bengal Government employee and other govt.prepared by pranab banerjee, kalisthanpara, jiaganj, murshidabad, west bengal,India.

Employee Gratuity is calculated by the following formula: (Basic + DA) x 15 / 26 x No. of year in service* *Minimum service put up is Five Years.

The calculation is based on the current basic salary multiplied by the number of years, . While the Payment of Gratuity Act, 1972, pegs this at five years, .

Gratuity Calculator. Want to know gratuity payable to you? Use the below Calculator. Gratuity Calculator. Your Salary. Years of Service. Months of Service. Gratuity Payable. Note: Salary includes salary + DA. twitter ·

The amount of gratuity depends on your salary, and the definition of salary for gratuity calculation includes only basic and DA. Thus, if you renegotiate your CTC salary and increase your basic and / or DA.

Gratuity Calculation Updates for Central Government Employees . Gratuity Act Amendment | Private Sector Employees New Gratuity Act , gratuity calculation in India | gratuity | gratuity act | gratuity .