Monday 14 April 2008

Forex Vs. Futures | SigmaForex

Roman denariusForex Vs. Futures:

Futures is Exchange traded contracts are not issued like securities, but they are "created" when one party buys (goes long) a contract from another party (who goes short). In the beginning there are no contracts, so the number of long contracts must equal the number of short contracts. This always goes through the exchange, which means that the exchange is the counter party for all trades. However, the exchange does not take any net positions. In this way clients do not know with whom they have ultimately traded. Compare this with securities, in which an issuer issues the security. After that, it is a legal entity that is traded independently of the issuer. Even if the issuer buys back some securities, they still exist. Only if they are legally canceled can they disappear.

Forex

Futures

Largest and most liquid market in the world

Liquidity dependent on month of traded contract

24-hour trading action for 5.5 days a week

Varying trading hours based on the markets

Can profit in both bull and bear markets

Tend to have extended bearish periods

Can short-sell anytime

Trading restricted by limit up/down rule

Minimum slippage and order errors

More room for slippage and error

100:1 leverage on standard-sized accounts

Smaller leverage

Extremely low margins 1% or better

Higher margins usually 5-8%

No commissions

Commissions on every trade

Most liquid market in the world

Limited liquidy

Instant executions, all-electronic market

Delayed fills possible in open markets

No limits on market moves

Some markets have maximum daily movement limits that can trap you in losing position

Usually free streaming quotes

Expensive fees for streaming quotes



White Label

Forex White Label Program

As your partner, our goal is to support you through the planning and launch phases and beyond to ensure a mutually successful and long-term business relationship
Establish your brand in the Forex Brokerage industry.
Our Forex White Label program is for individuals and institutions that want to establish a brand name and a presence in the Forex industry. As a white label partner, you will be provided with a platform branded with your name and logo as well as content for your introducing broker website. Also Sigma white label partner program enables banks and brokers to satisfy their customers' demand for online trading tools. Our trading solutions enable you to harness and develop already existing customer trading relationships and extract greater returns from them whilst streamlining internal trading operations and rendering them as efficient as possible. You will also enjoy our 24-hour market, full service of back office support, and other administrative and support functions.

Ideal candidates for the Forex white label program include:

• Financial services firms that want to establish a new Forex brokerage division. For example, banks, insurance companies, etc.
• Trading firms and/or online brokers that want to offer a greater range of products to their customers. you will be providing your clients with a great value-added service while increasing the profitability of your firm.
• Companies offering Forex tools and advisory services - This can be websites or newsletters that provide an analysis of the Forex or futures market, advisory businesses, etc. that want to expand their web presence by offering online Forex trading capabilities to their existing client base.
• Forex White Label Introducing Brokers will enjoy the most advanced Forex trading software in the market. The web-based white label trading platform provides real time, streaming currency prices and instantaneous one click execution, real time management of currency positions, in addition to complete back office support and reporting features. Along with other tools to help traders make trading decisions. The software is also compatible with most operating systems. This means that your customers can trade currencies from any computer, anywhere in the world, 24 hours a day.

Why should you take advantage of our White Label Program?

1. Take advantage of powerful, easy-to-use Forex trading technology
2. A qualified online trading platform that offers sophisticated forex charts, a large scale of indicators and trading mechanism , hedging feature, trailing stops that adjust pip by pip, real time streaming quotes and more! .
3. Take advantage of automated trading systems or Forex Expert Advisors.
4. Low spreads
5. Flexibility. You can customize your own fee structure and dealing spreads for your Forex IB business.
6. SigmaForex trading services are provided without Dealing Desk which prevents the effect of any one on the prices and pip spreads
7. Online access to customer reporting.
8. Receive all software upgrades and updates at no extra cost.

Like any Forex broker, our goal is to increase the trade volume of our operation. While customers are offered commission-free trading, as an introducing broker you are free to establish your own fee structure via commissions or adding extra pips to the dealing spreads. It is discussable between you and your clients. Only you can decide what you will make.

Available White Label Services
White branding

For qualified firms or individuals with an existing customer base, we can provide a customized Forex trading platform branded with your company name and logo. Sigma's White Label Program helps suitable firms set up an online presence in the Forex industry quickly and cost effectively.
Firms looking for a behind-the-scenes partner will benefit from Sigma’s customizable trading platform branded with your name and logo and available in multiple foreign languages. White label customers are also provided with detailed web content, online reporting, and other important services to make it easier for their Forex businesses to succeed. By partnering with Sigma, white label partners receive a full range of administrative tools and resources including lead generation and tracking tools, detailed web content, online reporting capabilities, and more.

If you want to discuss your potential Forex White Label Introducing Brokerage business with us via mail


Wednesday 9 April 2008

Take Bonus With Sigma Forex


Take Bonus

Due to increasing demand on our enhanced live accounts, SigmaForex.com is extending its live accounts bonus program till 31 December 2008

Don not waste your chance!

And open your live account today!

SigmaForex.com is pleased to have you as a loyal client, and we would like to thank you for your continued support and interest in our trading programs.

As appreciation and gratitude we are offering you a chance to join our bonus program and have up to 5% bonus credit on your deposit.
All current and new clients are eligible to participate in this program. Qualifying clients earn up to 5% bonus credit on all new deposits received and credited to the account before the close of business day 31 December 2008.

The bonus credit to the account is effective when the new deposit is credited and is subject to the client opening at least 100 lots and closing the trades on or before the close of business day 31 December 2008.

If you have any questions, please feel free to contact our customers care department at

SigmaForex.com, in its sole discretion, will determine if a client's deposit and trading activity entitles it to retain the bonus credit.


Good luck

Sigma devotes serious effort to serve the emerging retail segment of the Forex community. Its commitment to providing an excellent customer service, innovative currency trading technology, and dealing practices, establishes Sigma as a notable force that traders look forward to for an advanced Forex charting, Forex news, and fund safety.

Customers funds deposited with Sigma, are held and maintained separately in separated trading accounts at our partner banks. Sigma also provides its customers a variety of account plans, and services to choose from when creating or adjusting a profile.

The professionals at Sigma are dedicated to providing the guidance you need to accomplish your investment objectives.

Friday 4 April 2008

SigmaForex Asset Market Model

Face-to-face trading interactions on the tradi...

The explosion in trading of financial assets (stocks and bonds) has reshaped the way analysts and traders look at currencies. Economic variables such as growth, inflation, and productivity are no longer the only drivers of currency movements. The proportion of foreign exchange transactions stemming from cross border-trading of financial assets has dwarfed the extent of currency transactions generated from trading in goods and services. The asset market approach views currencies as asset prices traded in an efficient financial market. Consequently, currencies are increasingly demonstrating a strong correlation with asset markets, particularly equities.

  • Understanding Technical Analysis

The two primary approaches of analyzing currency markets are fundamental analysis and technical analysis. Fundamentals focus on financial and economic theories, as well as political developments to determine forces of supply and demand. One clear point of distinction between fundamentals and technicals is that fundamental analysis studies the causes of market movements, while technical analysis studies the effects of market movements.

Technical analysis examines past price and volume data to forecast future price movements. This type of analysis focuses on the formation of charts and formulae to capture major and minor trends, identify buying/selling opportunities, and assessing the extent of market turnarounds. Depending upon your time horizon, you could use technical analysis on an intraday basis (5-minute, 15 minute, hourly), weekly or monthly basis.


Sigma devotes serious effort to serve the emerging retail segment of the Forex community. Its commitment to providing an excellent customer service, innovative currency trading technology, and dealing practices, establishes Sigma as a notable force that traders look forward to for an advanced Forex charting, Forex news, and fund safety.

Customers funds deposited with Sigma, are held and maintained separately in separated trading accounts at our partner banks. Sigma also provides its customers a variety of account plans, and services to choose from when creating or adjusting a profile.

The professionals at Sigma are dedicated to providing the guidance you need to accomplish your investment objectives.

Thursday 3 April 2008

Sigma Forex Chart Patterns

Chart Patterns

1) Symmetrical Triangles:

A chart pattern used in technical analysis that is easily recognized by the distinct shape created by two converging trend lines. It designed by drawing two trend lines that connect a series of sequentially lower peaks and a series of sequentially higher troughs. The signals to buy or sell when there breakout between the triangle & the price line




2) Head & shoulder:

The pattern contains three successive peaks with the middle peak (head) being the highest and the two outside peaks (shoulders) being low and roughly equal.
Trading Signals
Place a stop-loss just above the last peak below the neckline
After the breakout, price often rallies back to the neckline which then acts as a resistance level. Go short on a reversal signal and place a stop-loss one tick above the resistance level.




3) Wedges:
Falling Wedges:

Falling wedges is a bullish pattern that begin from the top then the prices contract.
This price action forms a cone that slopes down as the reaction highs and reaction lows converge.

Rising Wedges
A rising wedge is generally considered bearish and is usually found in downtrends. They can be found in up trends too, but would still generally be regarded as bearish.



4) Flags & Pennants:
Flags:
A flag is a small rectangle pattern that slopes against the previous trend.
The prices between the two parallel lines form a channel to form a square.
Bullish flags are characterized by lower tops and lower bottoms, with the pattern slanting against the trend.
Bearish flags are characterized by higher tops and higher bottoms with the pattern slanting against the trend.
Pennants:
A pennant is a small symmetrical triangle that begins wide and converges.
Bullish pennants are characterized by lower tops and lower bottoms, with the pattern slanting against the trend.
Bearish pennants are characterized by higher tops and higher bottoms with the pattern slanting against the trend




5) Cup with Handle:

The cup formed after an advance and looks like a half circle or rounding bottom.
As the cup is completed, a trading range develops on the right hand side and the handle is formed.
A subsequent breakout from the handle's trading range signals a continuation of the prior advance.
The cup pattern should take weeks to form without any upper limit.
The handle may form over one or two weeks but may also take several months.

A "V" shaped bottom would be considered too sharp of a reversal to qualify. The softer "U" shape ensures that the cup is a consolidation pattern with valid support at the bottom of the "U". The perfect pattern would have equal highs on both sides of the cup, but this is not always the case.
The handle represents the final consolidation/pullback before the big breakout and can retrace up to 1/3 of the cup's advance, but usually not more. The smaller the retracement is, the more bullish the formation and significant the breakout. Sometimes it is prudent to wait for a break above the resistance line established by the highs of the cup.




6) Higher Lows and Lower Highs




7) Rectangles





RSI with Momentum

It measures the amount of change in commodity’s price during a period of time.
Using both RSI & Momentum for average 14 days will enable a solid strategy in determining signals.

rsimom

Signal to buy:
RSI rises above 50 but stays below 70, and momentum rises above zero.
Signal to sell:
RSI falls below 50 but stays above 30, and momentum falls below zero