Moving averages help me find where the nearest support and resistance levels are.
Naturally, the first level of support will function if the 9-period moving average prices in the emerging market are closer to that of a retreat. The 26-period moving average, which follows the prices further, takes on the next support function. The same rules apply for the declining market.
* Ichimoku Cloud: The area between Senkou Spana and Senkou Span B.
The thickness of the clouds is also an important point. The cloud is thicker than the support (or resistance) in the region; we can say that the cloud is thinner than the support (or resistance) in the area where it is thin. Currents are more likely to change direction at these points.
For example, the monthly inflation rate is 1 percent, which means that the general level of prices in that month increased by 1 percent compared to the previous month. The fact that the annual inflation rate is 30 percent means that the prices have increased by 30 percent on average compared to the previous year, for example, a commodity basket purchased for 200 TL last year could only be taken up to 260 TL this year.
The most active stock market indexes in terms of transaction volume in the world are Dow Jones, Nasdaq, S & P500, Ftse and Xetra Dax. In Turkey, there are more than one index under the Istanbul Stock Exchange. The types of indices / indexes that the most transactions are realized in stock exchange Istanbul; BİST 100 index, BİST 30 index and BİST Banking index.
Devaluation is a monetary policy tool used by countries that implement a fixed exchange rate regime or a semi-fixed exchange rate regime. Devaluation is the reduction of the value of an official currency of an country against other country currencies or against a group of currency values, or at a currency standard. Devaluation is often confused with depression and is exactly the opposite of revaluation.
Devaluation is a tool used by the government or central bank of the fixed country for the relevant currency. One of the most fundamental reasons for devaluation is that the country reduces the value of its money to compensate for trade deficit. Devaluation is to lower the value of currency and to make exports cheaper and become more advantageous in global trade competition. However, imports become more expensive, and domestic households increase demand for products from domestic producers while expecting a reduction in demand for imported products.
Devaluation seems to be a means of positive monetary policy, but there are also negative effects. Making imports more expensive can make domestic production less effective, or making exports cheaper can cause inflation by increasing demand very seriously.
When you enter the Forex market, the amount you will have to invest in a small amount of loss can be seen.
Quantities can be raised after the Forex market is well understood in the future. Thus, as you become more familiar with the market and learn the processes and experience more, your earnings will increase and your losses will be less. It will also be very useful for new investors to trade for a few months with a demo account before being taken to the commercial life. In this way, more investment will be gained. Since money earned or lost in the demo account is not real, it is a very good option to learn the market and improve yourself on investment.
How to trade in Forex Market
Although invested with the Forex market has been trending for a few years in our country, it has gained popularity in a very short time all over the world and has reached a large investor base. English Forex or Fx, an abbreviation of FOReign EXchange terms, is an international currency trading market. In addition to the trading of currencies between countries, many commodities, stocks, international stock market indexes can be earned by buying and selling at prices. Investors are aiming to make transactions based on price changes only without having physical means to buy and sell financial instruments such as foreign exchange, gold, and stocks. For example; An investor who anticipates an upturn in gold prices opens up the gold parity buying process.
The Federal Reserve is the central bank of the United States, which was founded on December 23, 1913. Over time, the roles and responsibilities of the Federal Reserve System have been expanded and changes have taken hold. Ben Bernanke, head of the central bank in Washington. The bank also has the authority to print and distribute US dollars.
The FOMC is the US Federal Reserve Open Market Operations Committee. It is the most important part of the Federal Reserve System’s monetary policies. The FOMC has important tasks such as increasing employment, keeping inflation and macroeconomic balance at an acceptable level, and taking measures to promote economic growth.
The Federal Open Market Commitee meets eight times a year to assess economic trends and determine their monetary policy. FOMC Meetings (FOMC Minutes) are announced three weeks after the FED meetings. In the meeting records; The reasons behind the decisions of the FED meetings include the FOMC members’ view of the macroeconomic outlook, the duration of economic measures and interest rate decisions, and forecasts for future periods. Investors look for clues in this long text for changes that may occur in the FED’s monetary policies.
Interpretation of FOMC Decisions
Interest Rate Decisions: Commitments to keep FED’s policy rate at certain levels are affecting the course of the US dollar and commodities. For example; A clue to the prolongation of the rate at which interest rates are held at very low levels will create a low interest-weak dollar sense. Read More
I will tell you how to get into perfect forex trading on this subject. The main point is shudder. Look for several features in your actions. Do not engage in a single technique or principal-event.
Let’s examine the event:
GBPJPY has risen and has come to a strong point of resistance, and there is also a trend line here. There’s also a pinpar in the same area. Pinbardan can then be entered into the Sales process. Breakage can be expected for a more perfect operation. Then a spinning ball was formed. Processing can be entered here. For better processing, Fraction 1 can be expected. In this process, +75 pips above, +40 pips below. And the process is ongoing.
Let’s examine the event:
There is an upward trend in EURGBP parity. The process was in the console, gave the impression that it would go down, but then broke the main support-resistance point, then broke the trend line, and finally broke the intermediate resistance. Exactly this area can be processed perfectly and it can be taken +40 pips.
Let’s examine the event:
It is usually better to go down in the GBPAUD since the GBPAUD has experienced a sharp downward trend, and since then the upside has begun, the main trend is down. That’s why we are pursuing Sales. The price has reached the main resistance-support zone. There is also a trend line resistance here. In addition, the Fibonacci Expansion of the short bottom movement has reached 100% level, and the main trend of the classic Fibonacci level also overlaps 76% in this region. At this point we are processing and the process reaches +90 pipes, this process is ongoing.
The best way to learn to trade on the Forex market is with demo accounts. These demo accounts, with $ 100,000 in virtual money, make it possible to trade in real market conditions. You can realize forex trading with virtual currency through simultaneous data and learn to invest in the most accurate way.
You will have the Forex demo account for free. To tell you how to become a demo account holder;
The forex companies that will mediate your transactions offer this demo account service for free. If you are in agreement with a legal forex company, this is the most important issue. Legal companies can be reached from CMB and forex service web sites. Once you have learned about forex trading companies, you can make your choice according to the facilities they offer.
A free demo account for your selected forex company can be downloaded easily. You only need to fill in the forum on the website to download it. You can download demo account with $ 100,000 virtual money by simply entering your name – your surname, phone number and email. After the download, you will be given a special username and password. Do not forget to record this password once.
Download the compressed file from the downloads section of your demo account that you downloaded and install the computer by saying ‘run’. In a short time the demo account of your computer will be established. You will have activated the username and password that you have saved by typing in the relevant locations on the platform. Then you will be on your platform for your forex trading and you will learn how to invest in the forex market by stepping through virtual money. It is also possible to use the program through the online platform called ‘WebTrader’ without downloading your computer.
You will not be given this service only after the form you filled in to download your demo account. At the same time you will also be entitled to free training. Again, forex company’s special training can download your computer over the internet, you can have a free forex book and watch narrated videos. Thanks to all these training possibilities, you will have your forex knowledge and experience in a very short time.
If you decide to evaluate your savings on the forex market, you can start investing by filling out the information required for the actual account on the website of the brokerage house or by specifying this request to the brokerage firm that is in constant contact with you.