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!
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!
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
Low Transaction Cost. Transaction
cost in forex trading is what
we called the “Spread”, which is the price difference between BUY and SELL
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
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!
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
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
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.
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.
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
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
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!
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.
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 level is a level that supports
the price from falling further down, and therefore a support level should be
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 level is a level that resist
the price from going further up, and therefore a resistance level should above
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.
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!
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.
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
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
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!
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.
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
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!
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
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
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