Quick Hack for Forex Beginner: Trade with Super Signal

Are you new to forex trading and not sure how to start making your first step in forex trading? Then this article is your best solution. Go through this article and see how you can start jumping in the magnificent forex market right away with a set of simple tool.

As a beginner, you would be having a serious headache trying to understand candlestick chart. And you will be lost on all the available technical indicators on the platform, not to mention there are million ways to use each of the technical indicators.

What can we do to get rid of these struggles and start making our first trade to enjoy the fun and excitement of Forex trading? Here is a quick tip for you.

Hirose Super Signal

Hirose Super Signal is a set of 3 signal package. All three of the signals are developed originally by forex trading experts in Hirose Financial Japan with thousands of backtest to ensure the accuracy of the signals.

The three signals offer both clear visual and vocal signals which help traders to identify overall price direction, and exact timing to enter market. Look no further if you are a beginner and looking for hassle-free tools to trade and make money in forex trading, the Hirose Super Signal package is going to be your first choice!

Find out more about Hirose Super Signal package via this video here:

If you are interested in getting the super signal package, come and talk with me now!

Comparison between Stock & Forex – Which one suits you better?

Today we will take a look at the differences on stock exchange and forex trading, on a cost wise aspect to see which financial market would suit you better and whether you are fully aware on the cost of both markets.

As you see from the table above, Stock trading broker (Full service) would normally charge for a 1% to 2% brokerage fee of a client’s managed assets. For example, Bob wants to buy 100 shares of Company A at $40 per share, Bob would need to pay $80 to the broker for brokerage fee ($40/share x 100 shares = $4,000, $4,000 x .02 commission = $80). This is also known as commission in stock trading.

On the other hand, spread would be the only fee that you would be paying when trading forex with Hirose Financial. Let’s say we traded the same amount as Bob and opened 4 standard lots in USDJPY (400,000 units). And the spread for this order would be $25.

Take a look at the table above, the difference between $80 and $25 might not seem much at the beginning, but when you start to place more trades along the way, the fees will be multiplied and the difference between the two will become obvious. At the end, you are trading to make money and why would you pay more for something that has a cheaper option?

If you are interested in trading forex with Hirose financial, contact us now!

If you are thinking to start trading forex, contact us now! Or if you want to know anything about forex trading, contact us now!

Why Trade Forex: Advantages of Forex trading

The Foreign Exchange Market (Forex) is the largest market in the world, and there must be something that attracts 9.6 million traders to jump into this market. In today’s article we will take a look at why is forex trading so popular and whether you should take part in the market.

Low Transaction Cost. Transaction cost in forex trading is what we called the “Spread”, which is the price difference between BUY and SELL price.

An idea of how much you might be charged per trade in Hirose Financial. You would only need to pay as low as $0.006 when investing $10 in a trade. That’s less than 0.7% of the total investment.

Hirose offers one of the lowest transaction cost amount all brokers and it is suitable for all level of traders with different start-up capital. The table above is how much the cost will be when trading 1,000 units for USDJPY, EURUSD and GBPUSD. 

Leverage. Leverage is one of the most lucrative advantage in Forex trading, and this is one of the main reasons why so many traders fall in love with forex trading. In forex trading, a small deposit can control a much larger investment. For example, $100 can control a $10,000 worth of trade, and $1,000 and control a $100,000 worth of trade. Leverage gives the trader the ability to make nice profit, and at the same time keep risk capital to a minimum.

Low Barriers to Entry. You would think that getting started as a forex trader would cost a ton of money. The fact is, in Hirose we offer “micro” lot trading, and traders are able to open a trade with just as little as $12 (approx.). Therefore, it makes forex trading much accessible to the average individual who does not have a lot of start-up trading capital.

If you are interested into forex trading or if you want to make money right now with forex trading. Contact us now! We will guide you through every single step till you manage to profit in forex!

How to Trade News Release – Forex Trading

In forex trading there are few different types of analysis method, which are Technical Analysis, Fundamental Analysis and Sentiment Analysis. In today’s article we will take a look at what is Fundamental Analysis and how do we apply it into Forex trading.

Fundamental Analysis where traders are trade following and analyzing news and similar economic data to gauge how the market might react and respond to the release of the news. Such as the popular monthly Nonfarm Payroll.

What News Release Should Be Your Focus?

As a general rule, since the U.S. dollar is on the “other side” of 90% of all currency trades, U.S. economic releases tend to have the most pronounced impact on forex markets. Such as the U.S. Nonfarm Payrolls and FOMC minutes.

How Long Does the Effect Last?

According to a study by Martin D. D. Evans and Richard K. Lyons published in the Journal of International Money and Finance (2004), the market could still be absorbing or reacting to news releases hours, if not days, after the numbers are released.

The study found that the effect on returns generally occurs in the first or second day, but the impact does seem to linger until the fourth day. The impact on the flow of buy and sell orders, on the other hand, is still very pronounced on the third day and is observable on the fourth day.

Though personally I would suggest to focus on the first or second day for a more stable market movement.

Which Currencies Should Be Your Focus?

There are literally dozens of currencies that can be easily traded on the Forex trading platform. To give you a better idea on how to choose the right currencies to trade with, you should shift your attenion depending on where is the news is releasing. For example, you will pay attention to USD pairs for U.S. Nonfarm Payroll, and JPY pairs for BOJ (Bank of Japan) Interest Rate Decision.

Also you can pay more attention the following currency pairs due to the active price movement these currency pairs associate with. Meaning when news bring impact on these markets, it’s likely to have big movements and which will bring up the profit amount as well.

1. EUR/USD
2. USD/JPY
3. AUD/USD
4. GBP/JPY
5. EUR/CHF
6. CHF/JPY

There are some strategies that you can use to trade the news, something simple as the Simple Moving Average crossover will likely to bring a promising result.

Take a look at this video here to find out more on how you can trade the news in forex trading.

If you have any question on how to trade news in Forex, come and talk to me now!

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Maintenance Notice

Hirose Customer Portal will be under maintenance during the following period:

from 21st May, Friday 23:00GMT
to 22nd May, Saturday 04:00GMT

Please note that Customers will not be able to access Customer Portal during the mentioned time. We apologize for the inconvenience that may cost you, and thank you for your understanding.

Forex Trading – What is the best leverage for beginner?

Leverage is one of the well-known features in forex trading, which it gives traders the ability to control a large amount of money using very little of funds.

For example a forex trader is able to control a $10,000 worth of trade using as little as $100. This is one of the reasons so many people are attracted to trading forex compared to other financial markets.

Though, does it mean that the higher the leverage, the more advantage we are getting from forex trading? And what would be the best leverage for beginner? Let’s take a look at the examples below:

Both Trader A and Trader B has the same amount of balance and traded the amount on USDJPY. Trader A used 1:100 leverage and Trader B used 1:500 leverage. Here is what happen if the trade ended in 100-pip loss.

It’s true that trader A was controlling less funds due to lower leverage. Though because of the low leverage he is using, he could avoid blowing his account in a single trade. Compare to Trader B, because of the lower leverage Trader A was using, a 100-pip loss only resulted in $90 loss while Trader B loss $450 on the same trade.

Therefore, a higher leverage doesn’t always give you more advantage. Leverage is a double-edge sword, using a right level of leverage would help you to trade better and avoid significant losses.

It is believed that a 1:100 leverage is the more suitable for beginner to start with, which it still gives traders ability to control a certain amount of fund using little trading capital. And if loss happens, it protects traders from losing big as well.

Hirose Financial is now offering 1:100 leverage for its forex trading platforms. And besides binary options trading, we are now providing full support on forex trading as well. If you are interested in forex trading but not sure how to start, contact us now!

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Maintenance Notice

Hirose Customer Portal will be under maintenance during the following period:

from 21st May, Friday 23:00GMT
to 22nd May, Saturday 04:00GMT

Please note that Customers will not be able to access Customer Portal during the mentioned time. We apologize for the inconvenience that may cost you, and thank youyou’re your understanding.

[FAQ] How to draw Support and Resistance?

Support and Resistance is one of the most basic analysis in any type of trading. Though a lot of traders are having trouble on figuring out the correct way to draw support and resistance on a candlestick chart. And today we will take a look at one simple way for beginner to identify support and resistance easily.

Support

Support level is a level that supports the price from falling further down, and therefore a support level should be below candlesticks.

Look for a lowest price at below candlesticks. That is would be the point that you want to create your support level. There shouldn’t be anything sticking out from the support level if the level is set correctly.

Resistance

Resistance level is a level that resist the price from going further up, and therefore a resistance level should above candlesticks.

Look for a highest price above candlesticks. That is going to be the point for you to create your resistance level. Same as support level, there shouldn’t be anything sticking out if resistance is set at the right place.

Take a look at this video here to find out more: https://youtu.be/oFw-AbUyRlM

Note that the video is explained on binary option platform, though the same technique can be applied to Forex trading as well. If you have any question on support and resistance level, feel free to come and talk with me!

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Maintenance Notice

Hirose Customer Portal will be under maintenance during the following period:

from 21st May, Friday 23:00GMT
to 22nd May, Saturday 04:00GMT

Please note that access to Customer Portal will be closed during the mentioned period. We apologize for the inconvenience that may cost you, and thank you for your understanding.

How does $5 trillion dollars look like

Forex trading one of the most popular trading product across the globe and it is the world’s largest market, which its daily trading volume is over $5 trillion dollar.

To give you a radicular aspect. If you stack up $100 bills, $1 trillion dollars would go up to 5,077km, while general space station is only 400km away from earth.

This is money is floating in the forex market, IN JUST A DAY!

Why is Forex Trading popular?

$5 trillion dollars are being traded everyday and there must be reasons that make the forex market so popular around the world. The following reasons are why Forex is the best market for trading online.

Volatility. Traders make money by having the market to move. The further the price move the more profit you are going to make. It makes little sense if you are trading in something that is not moving. As for forex market because the daily trade volume is so big, and so it provides more opportunities for traders to aim for profits as well.

Accessibility. Forex trading requires has a low trading capital requirement when compare with other financial markets, in which trading forex online can be start with as little as $50 in Hirose Financial. You will be amazed on how that $50 is going to turn into.

Technology. Forex trading is traded online, there are plenty of third-party software that you can use to help you to make more money in the forex market such as technical indicators, robots. Compared to many other online trading markets, technological advancements are definitely one of the reasons why forex is one of the most potentially lucrative market to trade on.

If you are interested in forex trading but haven’t been able to find a way to get into it, this is your chance! Come and talk with us and we will guide you step by step into this world most popular financial market! Contact us now!

[FAQ] What makes you a great trader? What factors can make someone better than others?

Indeed, everyone wants to be a better trader than others and make more profit on daily basis. Though the question here is what makes us a great trader.

Facing Failure

Failure is a must when it comes to trading. Every single trader would experience failure at some point. What makes the difference is whether he/she can face the failure and learn from it and get back up.

A lot of us would be scare to trade again after losing for few trades. However, the reality is that you will never success if you give up so easily. There are countless of world class traders lost millions of dollars in a single investment, though they get back up and learn from their mistake which eventually they managed to make profit that is more than enough to cover the previous loss.

Learn from your mistake and get back up! This is what makes someone better than others!

If you failed before and scared to trade again, come talk with us now and let us to assist you and give you advises on how to getting back up!

[FAQ] What time is good for trading?

I do receive this kind of question a lot on asking what time of the day is good for entering the market and easier to aim for profit.

The following times are ideal for entering the market.

07:00GMT ~ 08:00GMT
13:00GMT ~ 17:00GMT

Now first thing we need to know is that most of the traders in forex and binary options make their profit when the market is moving. And the times mentioned above are when the market is the most active and has the most movements.

Why a moving market is profitable?

In forex / binary options market, a quiet market is always not recommended as there are more uncertainty and false signals when the market is quiet. Sudden movements and spikes are often associate with quiet markets.

On the other hand, it would be much easier for traders to analyze the market and get a hand on the overall direction when the market is active and has more movement. Most importantly, If traders are able to follow the trend when the market is active, chances for them to end the trade in profit is much higher as well. Take a look at the video below to find out more about the timing to trade in forex and binary options.

Best time to trade: https://youtu.be/99KjdqIOpzM

Feel free to come and ask me if you have any question!

How you going to spend your money?

What do you do after getting your monthly salary? Are you thinking to buy something you have been wanting for a long time? Or are you thinking to have a fancy dinner with family?

Choose wisely if you are thinking to waste it to enjoy an one-off experience on fancy dinner or trips, or buying something that you don’t really need.

“Never Depend on single income. Make investment to create a second source.” Said by the world number one traders with net worth of over 110 billion dollars.

If you really want to create a second source of income, spend a fix amount of your monthly salary on trading or investment. And roll it like a snowball! This is the fastest and easiest way for you to create a second source of income.

What type of trading is ideal for beginner?

Forex trading is the fastest, and easiest way to help you to archive this goal. With enough capital, you will be able to make hundreds of dollars or even thousands of dollars a day. Take a look at this video here to have an idea rough idea of the simple concept of forex trading.

Simple forex strategy: https://youtu.be/0Mc9-kkncQQ

Now, ask yourself again. Do you prefer a fixed monthly salary or having extra income everyday? This is the perfect chance for you to invest in Forex. Roll it like a snow ball!

If you want to start forex trading. Contact us now!