03.05.2011 Post in Interview

Often an interesting activity is left at the midway and the peaks which could have been conquered become dreams. Trading is not exclusion. Forex is not just a hobby, it is work requiring diligence, patience and dedication, and these peculiarities are not possessed by anybody! However, expended energy will never be left without a reward, either moral, or financial. The winner of “InstaForex Sniper” contest confirms it – Anthony Genius.

IFX: Hello! How did you join Forex market?
AG: My Friend told me about forex then I became interested.

IFX: Is your education related to financial markets?
AG: No.

IFX: Does trading come as your main activity or it’s just a hobby?
AG: Right now, hobby and side job.

IFX: Do you follow the analysts advice or you prefer to make forecasts by yourself?
AG: Make my own forecast.

IFX: Were you sure in your victory from the start or was the victory a pleasant surprise for you?
AG: I was surprised.

IFX: How do you think what advantages helped you to outrun your rivals and break through to the first place? Or was it just a luckiness?
AG: I have trading system and that week (contest) it did well.

IFX: What did attract you in “InstaForex-Sniper” contest?
AG: Short period and transparency.

IFX: Are there any pairs you try to avoid in trading?
AG: Try to avoid USD-JPY.

IFX: What is your strategy based on?
AG: Trend line and RSI.

IFX: What would you wish or recommend our competitors who were overcome by you?
AG: Find your trading system, test it. If it’s profitable, don’t hesitate to follow it.

Added by Yana Krupko,
InstaForex
PR-manager

27.04.2011 Post in Events

This is the third time InstaFX Education Centre holds a seminar. We chose the town of Wonosobo from the three we visited. The residents of Wonosobo are potential to increase their investments in various fields including Forex trading. Wonosobo’s public euphoria of Forex field is quite large. This is evident from the participants of the seminar amounted to 150 people, the exciting number for us as for organizers.

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The seminar of 24 April 2011 was attended by people of various professions and walks of life, such as businessmen, civil servants, private employees, students, mothers and even households. The seminar was divided into 3 sessions, the first session was delivered by Mr Agung who gave a seminar on “Introduction to Forex”, the second session was presented by Mr Abiyanto who presented the speech on “Beware Of Scams Impersonate Forex”, and the last session was delivered by Mr. Danis Linggar P who held a seminar on “Introduction to Education Centre and the introduction InstaFX School Website”. That seminar took approximately 4 hours, in addition to our seminar organizers provided the opportunity for participants to attend a workshop that will benefit on 12-13 May 2011. This seminar helped us to gain the insight into the audience and make them open vanishing the negative impression about Forex.

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19.04.2011 Post in Trading

Everyone strives for success. Such notion as success can refer to different things and it depends on people’s characters and cultures, recent events or value system. Often success reckons a symbiosis of financial stability, good health and decent appearance. However, financial component of this formula has been condemned for a long time. Against the background of inwardness being the main value, money has been treated as a negative element in the human aspirations.

Recent investigations proved that financial stability is closely related to other parts of person’s satisfaction – there are some proofs of describing the financial matter in the most respectable doctrines. One of the most popular activities for a person of any age and sex is yoga. Many times yoga has proven that its main goal is comprehensive development of a personality including the financial provision.

Physical improvement is not the only positive effect of yoga exercises. It helps to perfect an appearance which is possible due to internal development and improvement of the emotional climate in a person’s consciousness.

It is curiously enough that the financial element of a man’s life and the world of yoga are closely connected. First of all, yoga exercises give confidence. It follows that self-confidence is a background of the financial success for both businessmen and people who work on the financial markets.

So if you spend an hour a day on yoga, your internal state will come to a balance, you will be self-confident, your emotions will be calm and, consequently, you will reasonably and consciously trade on Forex market. Pay attention to the balance of your mind and positive result on the currency market will not be a long time coming.

Added by Anna Shubina ,
InstaForex Clients’ relationship manager

Dear Teh Soon SeongInstaForex contests represent a great opportunity for perfecting skills, employing new strategies and learn from the tactics of rivals. How long does it take for a trader to develop into a true professional? The answer to this question was provided by the winner of the “Real Scalping” – Teh Soon Seong.

IFX: How long have you been working on Forex market? What did attract you in trader’s profession?

TS: I have been trading on Forex for about 2 years already. I believe Forex provides plenty of opportunities for everyone.

IFX:What is the most frequently occurring reason for deposit discharge?
TS:
Normally I withdraw half of my funds once a month.

IFX:Do you ever feel scared? How do you handle emotions?
TS:
Yes. Usually I close the position if I do not feel confident.

IFX:How did you know about InstaForex Company and what did prompt you to take part in “InstaForex-Sniper” Contest?
TS:
I came to know InstaForex during my training seminar. Participating in InstaForex contests improves my skills.

IFX:How soon did you manage to reach the top? Is it your first victory in an InstaForex contest?
TS:
I have participated in InstaForex contests for a couple of months. I have been here for 5 months and this is the first time I won.

IFX:What is the secret of success on the currency market?
TS:
Discipline and patience are very important elements.

IFX: Could you please tell more about your winning strategy?
TS:
I trade only when I feel confident.

IFX: What do you usually rely on while making decisions on deals opening?
TS:
MT4 (5-minutes charts), current trend, and forex news.

IFX: What are the main things which are worth paying attention to by the beginning traders?
TS:
Learn from others mistake before other learn from yours.

IFX:Thank you for taking part! We wish you the same grand victories in future!

Added by Kseniya Lobas,
InstaForex
PR-manager

08.04.2011 Post in Trading

How do different zodiac signs behave when trading on Forex market? What mistakes are typical for each of them? Which symbols can bring them luck? Which numbers can be their lucky charm? Which currency is the most favourable for each sign?

As any activity, Forex trading requires certain skills and qualities, such as ability to analyze current events and predict their development.

Let us have a look at Forex trading from astrological point of view and find out which numbers and symbols can be fortunate or unfortunate for a trader.

Aries

Ruling planets: Mars

Symbols and charms: horn, red-yellow square, hammer, knife, gold.

Favourable colours: scarlet, orange; unfavourable colours: violet.

Favourable numbers: 9, 11, 4, 7.

Favourable days of week: Tuesday.

Unfavourable days of week: Friday, Saturday.

Currency: US dollar

Aries traders are the driving force of the market. Aries are usually characterized by the burst of emotions. They are inclined to financial ventures, have little patience to keep positions and tend to close deals prematurely. Aries are good at high volatility and get bored during stagnation.

Taurus

Ruling planets: Venus

Symbols and charms: winged bull, eagle-owl, golden calf

Favourable colours: yellow, green, rich orange; unfavourable colours: red.

Favourable numbers: 6, 16, 2, 4.

Favourable days of week: Monday, Friday.

Unfavourable days of week: Tuesday.

Currency: Australian dollar, Swiss franc.

Taurus traders have fascinating persistence; they always stick to the proven trading tactics. However, their stubbornness is not always good for them, sometimes it can lead to considerable losses because of their desire to keep an unprofitable position. As a rule, Taureans never panic.

Gemini

Ruling planets: Mercury

Symbols and charms: mask, hand.

Favourable colours: grey, violet, light yellow; unfavourable colours: green.

Favourable numbers:  18, 15, 12, 3, 5.

Favourable days of week: Wednesday.

Unfavourable days of week: Thursday.

Currency: British pound, Canadian dollar, US dollar.

Geminis are under protection of Mercury. Traders born under this sign are in their element being surrounded by this vast flow of information. Geminis are usually excellent traders and brokers.  Quick reaction and their ability of finding a way out of a complicated situation are the secret of their success on Forex market.

Cancer

Ruling planets: Moon

Symbols and charms: heart, cancer, clover, silver.

Favourable colours: blue, white, light blue, light green, silver.

Favourable numbers: multiple of 2.

Favourable days of week: Monday, Thursday.

Unfavourable days of week: Tuesday, Saturday.

Currency: Australian dollar, New Zealand dollar.

Despite the fact that Cancers are immersed into their feelings, they still can be very successful traders. With each unsuccessful deal they accumulate experience that helps them avoid such mistakes in the future. As a rule, Cancers open accounts in the most reliable and the least risky currencies.

Leo

Ruling planets: Sun

Symbols and charms: eagle, lion, swan, amber, gold.

Favourable colours: gold, purple; unfavourable colours: white.

Favourable numbers: 11, 5, 1, 9.

Favourable days of week: Sunday.

Unfavourable days of week: Saturday.

Currency: Japanese yen, euro, US dollar.

As a rule, Leo always gets the biggest prize, both on the market and in real life.

For Leo Forex trading is kind of a theatre performance where he/she plays the main role. However, their disadvantage is that they cannot stay on top because of their greed and constant doubts. Thus, Leo traders are recommended to consider the opinion of Forex analysts.

Virgo

Ruling planets:  Mercury

Symbols and charms: aster, red poppy, cube.

Favourable colours: light blue, violet, white, green.

Favourable numbers: multiple to 5 and 12

Favourable days of week: Wednesday.

Unfavourable days of week: Thursday, Friday.

Currency: Swiss franc, Japanese yen, US dollar.

Traders born under the sign of Virgo are more successful in their job than any other sign. There are many successful people among Virgos, who earned a fortune with the help of their intellect.

Their mental structure allows them to detect the slightest fluctuations on the market. Besides, Virgo traders are very patient. With the help of technical analysis Virgos make their most grandiose plans come true.

Libra

Ruling planets: Venus.

Symbols and charms: rose, violet.

Favourable colours: dark blue, pastel colours.

Favourable numbers: 7, 15, 8, 9.

Favourable days of week: Friday, Saturday.

Unfavourable days of week: Tuesday.

Currency: British pound, Chinese yuan.

Weak psychic setup and special character of Librans is quite incompatible with trading. However, if they decide to get a trading account, this is a big step. Since Forex trading requires quick decisions, Librans might stumble and hesitate to make choice. In order to become a successful trader Librans should overcome their lack of self-confidence and work out their own strategy.

Scorpio

Ruling planets: Mars, Pluto.

Symbols and charms: pyramid, pink, peony, Ophiucus.

Favourable colours: dark red, raspberry pink, yellow.

Favourable numbers: 4, 8, 10, 11, 100, 666.

Favourable days of week: Tuesday.

Unfavourable days of week: Monday, Friday.

Currency: euro, US dollar.

On the market Scorpios are inclined to be suspicious and explosive. Scorpios are really attracting money. There are many rich people among Scorpios. No matter the situation, Scorpios always look calm and confident, though they might be burning inside.

Even when everything is lost, Scorpio can quickly restore his/her funds. After years of trading Scorpio becomes a typical trading tycoon capable of conquering the market.

Sagittarius

Ruling planets: Jupiter

Symbols and charms: centaur, horseshoe, narcissus.

Favourable numbers: 4

Favourable days of week: Thursday.

Unfavourable days of week: Wednesday.

Currency: Canadian dollar, US dollar

Optimism, inclination for risk and excitement, the ability to invest properly are invariable qualities of Sagittarius. However, traders of this sign are not that good at analysis and forecasting. In order to avoid skipping relevant information Sagittarius should pay attention to the opinion of Forex analysts.

Capricorn

Ruling planets: Saturn.

Symbols and charms: clock, stairs, zigzag.

Favourable colours: black, ashy-grey, blue, brown.

Favourable days of week: Tuesday, Saturday.

Unfavourable days of week: Monday.

Numbers: 7, 8, 3, 5, 14.

Currency: Swiss franc, British pound.

Thanks to the inherent sense of proportion, obstinacy and insistence, Capricorns have all chances for success on Forex. In order to make impressive accomplishments on Forex, Capricorns should dedicate much time to gaining practical experience through attending seminars and master classes, and also reading specialized literature.

Pisces

Ruling planets: Neptune.

Symbols and charms: pearl, fish, wave.

Favourable colours: violet, steel-blue, sea-green.

Favourable numbers: 6, 7, multiple to 7.

Favourable days of week: Monday, Thursday.

Unfavourable days of week: Wednesday.

Currency: Australian dollar, New Zealand dollar, currencies of Eastern countries.

Innate intuition of Pisceans ensures their success on Forex. They hardly would examine charts, news and indices; they are more likely to estimate trading forecasts, appraise opinions of other market participants to make their conclusions. Pisceans have a great potential to become high-class analysts.

Aquarius

Ruling planets: Uranus

Symbols and charms: key, wings, hand.

Favourable colours: lilac, emerald-green, violet; unfavourable colours: black.

Favourable numbers: 9, 13, 2, 4, multiple to 4.

Favourable days of week: Wednesday, Saturday.

Currency: euro, Japanese yen.

Constant changes of market indicators, continuous information flow and market dynamics totally fit the temperament of Aquarius. They are good at dealing with information; however, their disadvantage is being careless, inconsistent and short-sighted. Collaboration of Aquarius and Virgo or Capricorn might bring remarkable results on Forex.

Added by InstaForex Staff