Custom Search

Saturday, October 31, 2009

Cheap Hosting Solutions-How To Find The Best Hosting On A Budget

Cheap hosting solutions are popular commodity today, because with the increasing amount of people using the Internet, this also brings about the amount people who want to get their websites be hosted. Of course, website hosting is not something that most people get excited about; therefore, most people want a cheap hosting company in order to get their website hosted quickly and easily.

The majority of people don't consider the ramifications of this down the road; basically they want to get their website up and running as soon as possible. Of course, you don't need to pay a lot of money to get good hosting, but oftentimes cheap hosting is not the best option for you, depending on who you go with.

You often times get what you pay for. Unfortunately, cheap hosting solutions companies have developed a reputation of having shoddy customer service and usually unsecured Web servers.

Therefore, your website will always be a risk of being hacked. However, if you are determined to go with a cheap hosting company, here's some important tips and information to keep in mind.

Remember, before you go with any cheap hosting solutions, it is crucial to know exactly what you need in a hosting company. This include things such as your website features, Internet program programming language you will need, database connectivity features, e-mail addresses, domain name, how much traffic you expect yet, etc.

Of course, the only way to know how good the hosting companies’ customer service is before going with them is either to contact them yourself or read customer reviews on them. Reading customer reviews is probably the best option because when you call somebody yourself, you sometimes get a much different experience than what it will be down the road.

For instance, you might call the company and have a good experience your first call, when they are trying to make the sale; however, there might be the last time you ever hear from them. You need to have a good bodywork in order to know whether or not a cheap hosting solutions company is really is as reliable as they claim.

Reading customer reviews is a great way to do this, because you'll tap in and knowledge of people who are either current or past customers of the particular company you are looking into, and can find out how reliable they are. There are many sites that are designed specifically to review hosting companies, and it really doesn’t take a whole lot of work to find these; just a quick Google search will usually suffice.

One more quick tip: know what kind of hosting you need, whether it be a virtual private server or shared hosting. While I don’t have time to go into the specifics here, keep in mind that a virtual private server (VPS) gives you much more space on your hosting providers’ server, is more secure, but also costs more money.

If you are a full time internet marketer, and plan on doing a lot of business online, this is definitely something you want to consider investing in. The bottom line truth is that not all hosting companies are created equal. It does take some research to find the best one.

Obviously, unless you are a super techy, hosting probably doesn’t excite you; it’s just a necessary thing you have to do to get your site online. Use these tips to find the best cheap hosting solutions as quickly as possible.

Web Hosting Explained. Not All Hosting Providers Are Created Equal

Web Hosting. Some Basic Facts To Consider Before You Take The Plunge!

Web hosting Companies which offer Internet-connected servers that provide space and bandwidth for websites, are called Web Hosts. Big companies deliver private electronic networks which allow for them to host multiple domains on their own equipment and IP address range.

However, for the bulk of beginners that desire an online presence, a rented web host is essential.

There is a broad assortment of hosting plans available. A few are free, other hosting companies charge up to a hundred dollars or more per month. Some companies supply nothing but a small amount of disc space and minimal network bandwidth.

The website owner is on their own for anything else. Others providers offer an array of services, including server and electronic mail administration, backups, website design help, troubleshooting and many other services.

In the world of web hosting, you might frequently discover yourself sharing a server with anywhere from one to one thousand or more other websites, which allows web hosting companies the ability to keep equipment and staff expenses at a lower cost.

Many websites are simple and low-volume enough that this agreement works best.

When you or one or more of the other members grow, it might be helpful to consider a dedicated server. A dedicated server, as the name indicates, hosts only your domain. You can put one website on it, or as many any way you want. You control the access.

You may also consider taking over much of the server administration yourself. That may save you money on support costs, but cost you considerable time. If you do not have the expertise, it may end up costing much more money than you save!

In order to execute those administrative procedures yourself, it is desirable to have some technical knowledge.

Some of that knowledge will be of value, even for daily projects apart from addressing emergencies. FTP, electronic mail administration, backup techniques and additional technical areas are amongst the more common areas you will need to be at least somewhat acquainted with.

As your internet site develops to a certain size and degree of complexity, you will begin to find it worthwhile to consider implementing a database. However, that brings with it a higher level of ability.

Applying a database can be comparatively simple. Designing one which provides what you want, with adequate performance and maintenance that does not become a nightmare, will call for some careful thought.

Not everybody has the disposition for that type of work, particularly those who favor graphical design, content creation or development, and the numerous other Internet site chores that are part of every implementation.

There are other, more low level administrative matters; Managing disc space, maintaining domain names, dealing with registration and alterations, and a number of other functional tasks are not every bodies cup of tea. Some understanding of how domain name server works, in addition to the design of the Internet itself, are helpful. That allows a good context for understanding the role of some of those tasks.

Once you begin to seek out a web host to implement your website, consider all these factors. What kind of web hosting you should go after is determined by a combination of who you are and what is being being offered. Always take the time to research a hosting company before you commit your time and money.

Remember, not all hosting providers are created equal.

Some providers just want your money, whilst other better hosting companies actually want you to succeed. Which one you choose to help you get your website ideas online is paramount to how quickly you taste success.

Reseller Web Hosting: The Perfect Way To Start A Web Hosting Business

Hosting web sites on the internet can be a lucrative business venture. However trying to setup a web hosting company from scratch can be quite a bit of work and also quite a bit of money.

One of the biggest problems of trying to start a web hosting company right now is that much of the address space on the internet has already been taken. If you own a company and you need to buy an IP address block, then you might have a chance of getting a few IP addresses, but getting enough space to create a web hosting company on your own is very hard to do.

One alternative to trying to start a web hosting company from scratch is to become a reseller web hosting company. Many companies on the internet offer to resell address space to companies so they can become a reseller web hosting company. Becoming a reseller web hosting company has many advantages including the availability of address space, specialized tools, and built-in control panel support.

Many reseller web hosting companies offer quite a bit of space so that you can host many different web sites on your own. Most of the time this space is very hard to come by if you are not buying the space from a reseller web hosting company. Also these companies usually offer many tools to help your clients build their web sites. Some of these companies offer Front Page extensions so that your clients can use Front Page to build their web sites. Other companies offer different pre-made PHP scripts to help your clients build their web sites as well.

Another important tool is the ability for your clients to use a MySQL database to store information and authenticate against on their web site. The best advantage of using a reseller web hosting company is the built-in control panel support that is supplied by many of these companies. You usually have a management control panel to help create different web sites for your clients, and then your clients also have a control panel to help administer their web sites. This makes it much easier for anyone, even someone with limited technical knowledge, to create a web site.

Find Cheap Website Hosting By Using A Web Hosting Directory

Like most webmasters you want to get value for your money and you aren't willing to trade off quality in return for cheap website hosting. That's the beauty of choosing your web hosting company with the help of a web hosting directory.

What is a web hosting directory?

A web hosting directory is a place where web hosting companies are listed along with the services they have available as well as their hosting prices. There are often different price categories, ranging from expensive to cheap web hosting services.

What value does a web hosting directory provide?

The good ones provide a way for you to review various cheap web hosting companies and find one that provides quality web hosting services at a reasonable price.

A properly run web hosting directory will include internet web site hosting providers that have the experience needed to host your web site and keep it running despite whatever the Internet throws at it every day.

Is cheap website hosting really a good idea?

As long as you have the right definition for cheap then cheap web hosting is a great idea. The word "cheap" should never refer to the quality of the hosting service itself. It should only refer to the price. If you end being hosted on a cheap server that's run my a hosting company that's too cheap to hire support technicians to staff their data center 24 hours a day, you can quickly regret choosing a cheap web hosting service.

And that's where a good web hosting directory comes in to save the day! But what makes a good web hosting directory? Let's take a look and see.

How to tell a good web hosting directory from a bad one?

A good web hosting directory maintains enough listings of top web hosting services, especially cheap website hosting companies, to give you enough options when making an informed web hosting choice.

Speaking of informed decisions, one very important feature to look for when choosing a web hosting directory to help you find cheap website hosting is the ability for users of the web hosting companies to be able to post their comments and experiences for others to read. That way you can get the opportunity to see what actual customers think about the quality of service that a cheap website hosting company offers before you commit to hosting your web site with them.

Where you host your web site is an important decision. You need help and advice in order to find cheap website hosting that offers a professional commitment to service and support. Make sure that you only depend on a good web hosting directory to help you make that choice.

Web Hosting Design: How To Profit From Free Or Paid Web Hosting Site

There are many ways that websites can use tools to profit from free or paid web hosting sites.

The optimal way to profit from free or paid web hosting is to buy a hosting script, or purchase a professional design from a company that specializes in web hosting and design a site that is going to attract visitors and ad revenue.

If this site has appealing content, than there are going to many visitors. Good web hosting and design can make the difference of thousands of dollars.

How does ad revenue work? Ad revenue such as Google adsense works on a pay-per-click system. This means that the more users that visit the site, and click the ad, the more income go to the owner of the Google adsense account. This is the reason that it is important to input content on your site that is going to attract the most visitors.

Use appropriate keywords so that the website appears close to the top in search engines. Keep these keywords current, and ensure that there is at least five percent keyword density on the website.

Is there a difference between using free web hosting design and paid web hosting design? Free web hosting design is free because there are ads implemented into the site, paid web hosting often has significantly less, or none of these ads. Most often, free web hosting addresses have the hosting name within the website address, making it more difficult to remember than a dot com address. For this reason, paid web hosting is optimal and can often come at dollars per month.

Free Web Hosting is great for people who want to a personal web page or want to sell a vehicle. They can create a temporary web page for this purpose. We have listed some of the more reliable Free Web Hosts below for this purpose:

Always read the terms of service before you decide which of the free hosting sites are the best to use as many hosts have stringent rules and conditions.

Many people use control panel sites such as layeredpanel. Other sites using xpanel and ipanel are also popular. It depends on which features you are looking for but one this is for certain, without a standout design, your site will look like everyone elses and just blend in. Those are the sites that customers pass over and don't give their business to. So after finding the right hosting site, make sure you have a look that is unique and custom to your needs.

So ask yourself which services and features you need then go to a site such as layeredpanel.org or any forums site to find good hosting providers. Next go to a graphic design site that specializes free hosting or paid hosting servics such as Skinzee. Once you get your project underway, it should be up and making money in no time. If you tell the folks at skinzee exactly the color you are looking for and any similar sites that you like, they will be able to give you a free design quote. They also offer website templates and other graphic design services.

Website Hosting Companies. Understanding How Hosting Poviders Work

Website Hosting - How To Select A Web Host Provider That Wants You To Succeed

As with a lot of purchases, your first urge when choosing website hosting is to go with the cheapest. After all they are all similar, so why should you pay more?

There are a number of objective standards which separates one website hosting company from some others, and money is only one of them. And it should be made clear that the cost should not be the most crucial one.

Choosing a website hosting company based on price alone is equivalent to selecting a builder or electrician on price alone. Certainly, they might maintain or fix your house cheaper, but will your house be safe?

The first consideration is power. Will the website hosting company have the capability to provide and deliver adequate performance? Most web hosting companies advertise that they are able to provide massive bandwidth and hundreds of dedicated servers, and they are usually telling the truth.

However, there is a big difference between existing capacity and usable capacity. Think of it this way; If a website hosting provider has thousands of websites with millions of visitors per day, the usable free capacity would be much lower. Here is a simple example; A delivery truck may have the capacity to carry 8,000 lbs. But not if it is already carrying 7,999lbs!

The experts would advise you ask about available capacity, and have the hosting company back up their proof with reliable numbers. And of course, if you cannot read the data they provide, find somebody to help you do so.

Next, and a very close second, is dependability. A lot of power is worthless if it is cut or goes down often.

Power outages are actually a normal part of business. Even Microsoft, yahoo and google go down on occasions. The difference is, with decent website hosting companies, it seldom happens and a decent provider would have failover plans, which means if their system does go down it is either up once again instantaneously, or you never see the drop because a backup system sets in automatically.

A good rule of thumb is to grill the website hosting company closely about their up time. Most quality hosting providers will say they run at 99.5%, or higher. However, like the infamous on-time estimates of airlines, those figures can sometimes be considered shady by adjusting the definition of up time.

When it comes to website hosting, what should really matter is whether your visitors will be able to reach your site at any time, 24 hours a days should they want to.

Again, the experts would suggest to find out what back up systems, both human and technical the hosting provider has in place to address failures of all sorts. It is a fact that servers can go down, networks do fail, hard disks could become defective and data lose is an absolute fact, and believe me, these conditions can dramatically mean the difference between success and failure for any website owner.

The result is your website becomes unavailable, which is not good for business. As far as a quality website hosting company, the hosting provider must be equipped to deal with any eventuality and have your website up again as quickly as possible.

Last, but not least, is website hosting security.

With the continuing prevalence of computer viruses and the dreaded Spam problems, you need to guarantee the website hosting company you choose has an array of techniques for addressing them. This basically means the hosting provider has excellent technical plans in place and experienced staff available 24 hours a day who are well-educated in addressing with those problems.

There is a very old saying that goes: one ounce of prevention is worth at least one pound of cure, and when it comes to your website, it is vital you understand the meaning.

All these website issues are paramount to locating a website hosting provider that can deliver the best services you need.

Subsequently, once those criteria are fulfilled by a number of prospects, then you are able to begin narrowing down the hosting companies by price.

Web Hosting Advice And Information - How You Can Find A Cheap Web Hosting Package

All webmasters will at some point face one question: how will I find a good and cheap web hosting provider?

The web hosting business is saturated with web hosting companies competing for your business. You'll find everything from huge companies hosting hundreds of thousands of web sites, to the small reseller operating out of Mom's garage. So how can you make an educated decision with all those options?

All web site hosting companies tend to have some similarities, although their main sales arguments are normally focused on two things; cost and bandwidth. A lot of the time people go for a sales pitch like that. Getting something that's inexpensive is desirable to most folks, and if it seems to come with some great extras too, then all the better!

So if you are choosing between a web hosting company that's offering a cheap web hosting plan with 50GB bandwidth for $10 per month, and a different hosting company that promises you a hosting plan with 500GB a month for five dollars, a lot of people will foolishly pick the second option. However, it is this type of logic that leads to disaster for many web hosting clients.

Sure, it's great to save a few bucks - although do you believe a web hosting company is going to give great support and reliable service when you pay them almost nothing? The old saying "You get what you pay for" is very truthful, and the complete truth is you're far more apt to receive great service if you keep clear of the really cheap web page hosting packages.

That being said, it is also true that the service quality can differ a lot betweeen web site hosting companies in the same price range. In truth, the one way of making sure you keep clear of the bad apples is to do a little of your own research. Check out places such as Web Hosting Talk to find out for yourself what real customers feel about the web hosting provider they use.

While there isn't a web hosting company that will be liked by everybody, you will find that some have a lot more complaints than others. I have done extensive research on this and learned that while some web hosting providers may have mostly good reviews, other providers have mostly negative reviews. In conclusion: when looking for an affordable web hosting service, keep clear of the cheapest offers and do some research before you sign up.

Forex: Benefits Of Trading The Forex Market

Trading the Forex market has become very popular in the last years. Why is it that traders around the world see the Forex market as an investment opportunity? We will try to answer this question in this article. Also we will discuss some differences between the Forex market, the stocks market and the futures market.

Some of the benefits of trading the Forex market are:

Superior liquidity.

Liquidity is what really makes the Forex market different from other markets. The Forex market is by far the most liquid financial market in the world with nearly 2 trillion dollars traded everyday. This ensures price stability and better trade execution. Allowing traders to open and close transactions with ease. Also such a tremendous volume makes it hard to manipulate the market in an extended manner.

24hr Market.

This one is also one of the greatest advantages of trading Forex. It is an around the click market, the market opens on Sunday at 3:00 pm EST when New Zealand begins operations, and closes on Friday at 5:00 pm EST when San Francisco terminates operations. There are transactions in practically every time zone, allowing active traders to choose at what time to trade.

Leverage trading.

Trading the Forex Market offers a greater buying power than many other markets. Some Forex brokers offer leverage up to 400:1, allowing traders to have only 0.25% in margin of the total investment. For instance, a trader using 100:1 means that to have a US$100,000 position, only US$1,000 are needed on margin to be able to open that position.

Low Transaction costs.

Almost all brokers offer commission free trading. The only cost traders incur in any transaction is the spread (difference between the buy and sell price of each currency pair). This spread could be as low as 1 pip (the minimum increment in any currency pair) in some pairs.

Low minimum investment.

The Forex market requires less capital to start trading than any other markets. The initial investment could go as low as $300 USD, depending on leverage offered by the broker. This is a great advantage since Forex traders are able to keep their risk investment to the lowest level.


Specialized trading.

The liquidity of the market allows us to focus on just a few instruments (or currency pairs) as our main investments (85% of all trading transactions are made on the seven major currencies). Allowing us to monitor, and at the end get to know each instrument better.
Trading from anywhere.

If you do a lot of traveling, you can trade from anywhere in the world just having an internet connection.

Some of the most important differences between the Forex market and other markets are explained below.

Forex market vs. Equity markets

Liquidity

FX market: Near two trillion dollars of daily volume.
Equity market: Around 200 billion on a daily basis.

Trading hours

FX market: 24hr market, 5.5 days a week.
Equity market: Monday through Friday from 8:30 EST to 5:00 EST.

Profit potential

FX market: In both, rising and falling markets.
Equity market: Most traders/investor profit only from rising markets.

Transaction costs

FX market: Commission free and tight spreads.
Equity market: High Commissions and transaction fees.

Buying power

FX market: Leverage up to 400:1.
Equity market: Leverage from 2:1 to 4:1.

Specialization

FX market: most volume (85%) is made on major currencies (USD, EUR, JPY, GBP, CHF, CAD and AUD.)
Equity market: More than 40,000 stocks to choose from.

Forex market vs. Futures market

Liquidity

FX Market: Near two trillion dollars of daily volume.
Futures market: Around 400 billion dollars on a daily basis.

Transaction costs

FX market: Commission free and tight spreads.
Futures market: High commissions fees.

Margin

FX market: Fixed rate of margin on every position.
Futures market: Different levels of margin on overnight positions than day time positions.

Trade execution

FX market: Instantaneous execution.
Futures market: Inconsistent execution.

All this makes the Forex market very attractive to investors and traders. But I need to make something clear, although the benefits of trading the Forex market are notorious; it is still difficult to make a successful career trading the Forex market. It requires a lot of education, discipline, commitment and patience, as any other market.

Forex Trading: How To Make The Forex Market Work For You In 2007?

Joel Teo

Forex Trading is the short used for dealing in Foreign Exchange Market. Forex trading is the largest and the most liquid market of the world. The market has enormous opportunities, which are not offered without high risk. Keep an eye on Forex Trading in 2007 and follow certain strategies to make this market work for you. The key to start Forex Trading is to search for an appropriate FOREX broker without whom all positive workouts become negative. A trading podium of the broker will be an added advantage. A genuine broker gives money a flow based on a good strategy, technical skills and expert intuition. If you are relatively new to Forex trading try your hands on trading with virtual money using a demo account.

Around three trillion dollars swap hands daily at Forex. But it is necessary to know the fundamentals of Forex Trading before jumping into this sea of money and chance. There is nothing fixed- no particular rules, no sure-shot outcome as the Forex market is ruled by chance. So trading must be initiated with effective and mature trading tactics. Forex Trading requires new strategies are developed on the daily basis of market analysis and old ones should be renewed on day-to-day basis. In addition to this, money management strategies must be charted out. All depends on your trading technique and personal environment.

Another vital feature of Forex Trading is organizing instructions and positions. These comprise selecting proper entry points, particular assessment about exit points, ban-loss and increase-profit of the trader. To choose the right exit point should be the main focus of Forex trading. You should always aim at maximizing profit while limiting your greed. While in Forex trading you must keep updated with chief economic news releases, global world proceedings and technical indicators permutations.

Margin trading generally makes it tough to choose correct exit point as it is impractical to linger on with an open position. Moreover, open position restricts trading output of a trader so exit points are solid decisions for this volatile market and these points must be continuously checked against market data.

Money management must go hand in hand with your professional and basic strategies. You must have an aptitude to forecast future price movements by examining previous price data and graphical configurations. Get the graphical analysis of selected currencies. On the basis of this information you can predict where market is moving and then you can make decisions.

While trading, you can also adjoin technical pointers to the graphs. You can easily predict the future price progress of the currencies you want to trade on. A variety of indicators are available for Forex Trading and it is up to you to select the best one.

Some technical indicators that you can avail are the Pivot Points, RSI, Moving average convergence divergence indicator, Elliot Waves, Stochastic, Fibonacci, EMA etc.

These technical indicators are added to the graphics of the market. Then the broker’s software carries out mathematical computations to divulge remarkable details and configuration about the market movement, which is just impossible to analyze without these indicators.

A good know-how and practice enhances your knowledge of the trade, hence the decisions. With initial knowledge you can then move on to follow more advanced strategies, thus bigger profits. So there is a lot to explore in foreign exchange in 2007, just dive into it.

Copyright © 2007 Joel Teo. All rights reserved. (You may publish this article in its entirety with the following author's information with live links only.)

Forex Online Training: Are Massive Profits a Reality in the Forex Market?

Quite simply the Internet has changed Forex Online Trading Forever. To be honest it has changed most things in the world but the impact on the forex trade is particularly pronounced due to the huge array of forex online training. Most homes in America have at least one computer and of those, most are connected to the Internet for at least one hour or more each day of the year. Because we have the worlds information so readily available, more and more business is conducted from the comfort of home (people are even making 6 figure salaries without taking off their pajamas). From ordering a Christmas present to doing your banking almost everything is now available.

It was only a matter of time before the financial world started grabbing some of the online business- now a huge portion of every day's trades are performed online. This is especially the case with the Forex markets. Thanks to a huge increase in Forex Online Training everyday people now have a huge advantage. Whether you go through a forex broker or execute your trade son your own, forex online training has given people the choice. No longer is the forex market a place only for professional traders.

Because the Internet is open twenty-four hours a day, it is very easy to get carried away by the whole online trading concept. It is very easy to get distracted by all the amazing things on the web – I highly recommend that you condense your forex online training to one course. Before you even log onto the first site, and before you even look at the first trade online, there are a few things you must know and understand. These basics can make or break your online trading experience. Looking at forex charts and trying to find forex signals can be a daunting task for the novice trader. Finding a Forex Free Training Centre can be a great idea to see if you feel forex trading is going to suit your investment style.

If you have never worked with forex before it is probably advisable to work with an online broker before going out on your own. The other option is to get some forex software or do a full forex online traning course. There is no right or wrong answer; you simply need to decide what is right for you. The stock market should not be a learn-as- you-go experience, especially not with the current state of the economy. You will need to put in some hard work, no matter what forex training you complete you will still have to actually learn the material – money won’t just magically appear in your account.

You need to think about your own personal investment goals. Know what all of the risks are when dealing with the forex market and more importantly know the risks of each individual trade. Do not try to trade above your financial capabilities- if you choose the wrong trade, or the market moves against you then you need to keep a calm head and make good decisions. If too much money is at stake this can be very hard to do!

Forex Online Training can allow you to research and place your own trades, or you may decide to use a forex broker to help you make your decisions. Both options have positives and negatives, the correct decision simply depends on your personal preferences and what type of forex online training you have completed. If you are a complete novice then I would recommend a forex broker or some forex software. Today there are even some automated forex trading systems available. If doing it yourself you need to check if the quotes and other information given is delayed or given in real time. (This will usually be clearly denoted on the forex site.) What are the limits to your trades- do you have a daily cap while working online? You should also check to see if you can call to place or cancel a forex order in case you have problems with your computer.

Before making your first forex online trade it is vital that you feel comfortable with the forex trading sytem that you are using. A good Forex online training centre will give you a full outline or your trading plan - Happy trading.

“How To” Start Trading The Forex Market? (How To Read Forex Price Charts)

Martin Maier

Forex Price Charts, what DO they mean and HOW to use them?

Important numerous facts as discipline, trading rules, not being greedy etc., but one of the most important things is:

LEARN to read the charts as Charts represent the lifeblood of the market.

I admit that reading charts, and interpreting patterns, are more an art than a skill. Base and apply your entry and exit decisions on YOUR OWN combined methods of technical and fundamental analysis.

FOREX charts, are easier to interpret and to use. They reflect a slower moving, stable economy of a country, compared to the stock market, with its daily drama of company reports, Wall Street Analysts and shareholder demands.

Unlike stocks, currency charts do not spend much time in trading ranges and have the tendency to develop strong trends. Furthermore, Forex with its 4 Mayor currencies is easier to analyze than tens of thousands of stocks.

( Mayor currencies are: USD/JPY, EUR/USD, GBP/USD and USD/CHF)

The complimentary FREE live charting software, with the ultimate cutting edge technology provided by http://www.fenixcapitalmanagement.com/

TRADING PLATFORM

will be absolutely sufficient for you to analyze and watch any one currency pair.

Understanding just a few basic points about the technical analysis of currency chart can lead to increased profit potential.

Pricing - Price reflects the perceptions and action taken by the market participants. It is the dealing between buyers and sellers in the Over-The-Counter (OTC) or “interbank” market that creates price movement. Therefore, all fundamental factors are quickly discounted in price. By studying the price charts, you are indirectly seeing the fundamental and market psychology all at once , after all the market is fed by two emotions - Greed and Fear – and once you understand that, then you begin to understand the psychology of the market and how it relates to the chart patterns.

Data Window Chart – FCM and most online charting stations, when you click on a price bar or candlestick, it will display a small box of data usually called a display window which will contain the following items:

DATA CHART WINDOW

H = Highest Price

L = Lowest Price

O = Opening Price

C = Close Price (or Last Price)

The most common types of price bars, used in FOREX trading, are the Bar Chart and the Candlestick chart:

Bars Charts -

Price bars are a linear representation (a line) of a period of time. This enables the viewer to see a graphic representation summarizing the activity of a specific time frame. As an example, I use 10 minutes, 60 minutes and daily time interval for my systems. Each bar has similar characteristics and tells the viewer

several important pieces of information. First, the highest point of the bar represents the highest price that was achieved during that time period. The lowest point of the bar represents the lowest price during the same period. Regular bars display a small dot on the left side of the bar which represents the opening price of the period and the small dot on the right side represents the closing price of the period.

Candlesticks - Japanese Candlesticks, or simply Candlesticks as they are now known, are used to represent the same information as Price bars. The only difference is that the difference between the open and close form the body of a box which is displayed with a color inside. CANDLESTICKS

A red color means that the close was lower than the open, and the blue color represents that the close was higher than the open.

If the box has a line going up from the box it represents the high and is called the wick. If the box has a line going down from the box, it represents the low and is called the tail.

Many interpretations can be made from these "candlesticks" and many books have been written on the art of interpreting these bars.

Chart Intervals & Time Frames:

A chart Time Scale & Period, or time frame, basically refers to the duration of time that passes between the OPEN and the CLOSE of a bar or candlestick.

For instance, with your broker software, you will be able to view a currency pair, in a 1-hour time frame over a 2-day period, 5-day period, 10-day period, 20-day period and 30- day period.

1 minute 5 minutes

1 hour

Most of the short-term time intervals (5-min and 1-min charts) are used for entry and exit points and the longer- term time intervals (1-hour and daily charts) are used to see where the general trend is.

The Forex Market: Can You Really Make Money in the Forex Market?

If you've never traded before or just getting started and Forex trading you may or may not believe that you can make money by trading in the Forex market.

The truth of the matter is that you can and it may not be nearly as difficult as you think. This is not to say that you can take $100 and make money with no idea what you are doing. You can start with a modest amount of money and grow that amount into something substantial over time.

There are a few basic rules to follow that apply to all trading and to all markets. The first rule is to adjust your expectation levels. Don't blindly believe the hype that you see advertised just because some guy who says he has made a lot of money in Forex shows you a picture of a large bank balance. We've all seen the ads similar to this, "I make six figures a year trading Forex and you can too starting with as little as $100." It is highly unlikely that you will make six figures yearly from a $100 investment in a short period of time.

Another hard and fast rule that you must grasp in order to make money in Forex trading is that you must control your risk at all times. Risk control allows you to stay in the game and take advantage of the many profitable trading opportunities. One of the most important functions of risk control is to make sure that no series of losing trades will take you out of the game.

You see every trading system will have times when things don't go as planned. During these periods of time a trader will experience a drop from an equity peak to an equity valley, this is commonly called a drawdown. It should go without saying that if you do not have enough capital in your account that you will not be able to survive these drawdowns.

This is why properly funding your trading account is of paramount importance, although you will see many advertise a ridiculously small amount that you may open a trading account with. I personally consider those small amounts of $100 and $250 to be practice accounts with real money. Also I don't know of any Forex trading system that could honestly recommend starting with $100.

Using a protective stop loss is one of the more popular methods of risk control. I do hear of people recommending not using stop losses. I personally believe using a stop loss is an absolute must. It simply does not make sense to allow a single trade or a series of unreasonably large losses to wipe out your trading account. Many a trader has blown out an account by hoping the market would move in their direction rather than assessing the worst-case scenario and putting a protective stop loss in place.

The phrase you should always keep in mind is, "If I control my risk, I control my reward". I know it sounds like common sense but you would be surprised how many traders overlook this simple phrase that can mean the difference between success and failure in Forex trading.