Find the Trend with Sigmaforex

What to Look For in Technicals?

• Find the Trend

One of the first things you'll ever hear in technical analysis is the following motto: "the trend is your friend." Finding the prevailing trend will help you become aware of the overall market direction and offer you better visibility—especially when shorter-term movements tend to clutter the picture. Weekly and monthly charts are more ideally suited for identifying longer-term trends. Once you have found the overall trend, you could select the trend of the time horizon in which you wish to trade. Thus, you could effectively buy on the dips during rising trends, and sell the rallies during downward trends.

Key Features

Sigma Trading Software is our clients' gateway to the Forex Market. It is an online trading complex designed to provide broker services to customers at Forex, Futures and CFD markets.

We have chosen the Meta Trader 4 Trading platform as our optimum solution for the professional trading, because it is the most reliable, professional and secure online trading software on the market at the current time.
The program has a friendly and simple user interface that allows traders to keep an eye on their transactions and their account as well as develop Forex trading strategies of their own and performing technical analysis.
Sigma trading platform is secure, stable and distinguished by its unique performance. Sigma Trading Station is the client's part of the online Forex Trading...

Sigma Forex Partnership Services

Partnership Services

Overall View:

Sigma helps a various groups of partners around the world to enlarge their business and expand the full
potential of the Forex market.

Sigma’s services include:

• Introducing Brokers: Join our IB network and receive compensation for directing new clients to Sigma.
• Money Managers: Full service trading capabilities, plus dedicated account management, client fund
  administration and reporting.
• White Labels: White Label Program helps fitted firms set up an online presence in the Forex industry
  quickly and cost effectively.

A dedicated Partner Services team supports Sigma partners with a full range of account management services.
- Daily P&L, credits, commission allocation, etc.
- Account funding, transfers, allocations, etc.
- Customer on-boarding.

• Introducing Broker.

• Money Manager.s

• White Label.

• Interest Rate Parity

IRP states that an appreciation (depreciation) of one currency against another currency must be neutralized by a change in the interest rate differential. If US interest rates exceed Japanese interest rates, then the US dollar should depreciate against the Japanese yen by an amount that prevents riskless arbitrage. The future exchange rate is reflected into the forward exchange rate stated today. In our example, the forward exchange rate of the dollar is said to be at discount because it buys fewer Japanese yen in the forward rate than it does in the spot rate. The yen is said to be at a premium.
IRP showed no proof of working after the 1990s. Contrary to the theory, currencies with higher interest rates characteristically appreciated rather than depreciated on the reward of future containment of inflation and a higher yielding currency.

• Balance of Payments Model

This model holds that a foreign exchange rate must be at its equilibrium level—the rate that produces a stable current account balance. A nation with a trade deficit will experience a reduction in its foreign exchange reserves, which ultimately lowers (depreciates) the value of its currency. The cheaper currency renders the nation' goods (exports) more affordable in the global market place while making imports more expensive. After an intermediate period, imports are forced down and exports rise, thus stabilizing the trade balance and the currency towards equilibrium.

Like PPP, the balance of payments model focuses largely on tradable goods and services, while ignoring the increasing role of global capital flows. In other words, money is not only chasing goods and services, but to a larger extent, financial assets such as stocks and bonds. Such flows go into the capital account item of the balance of payments, thus, balancing the deficit in the current account. The increase in capital flows has given rise to the Asset Market Model.

Lower Transaction with SigmaForex

• Lower Transaction Costs

It is much more cost-efficient to trade Forex in terms of both commissions and transaction fees. Most Forex Brokers charge no commissions or fees whatsoever, while still offering traders access to all relevant market information and trading tools. In contrast, commissions for stock trades range from $7.95-$29.95 per trade with online discount brokers up to $100 or more per trade with full service brokers.
Another important point to consider is the width of the bid/ask spread. Regardless of deal size, forex dealing spreads are normally 5 pips or less (a pip is .0005 US cents). In general, the width of the spread in a forex transaction is less than 1/10 that of a stock transaction, which could include a .125 (1/8) wide spread.

• Profit Potential In Both Rising And Falling Markets

In every open FX position, an investor is long in one currency and short the other. A short position is one in which the trader sells a currency in anticipation that it will depreciate. This means that potential exists in a rising as well as a falling market.

The ability to sell currencies without any limitations is another distinct advantage over equity trading. In the US equity markets, it is much more difficult to establish a short position due to the Zero Uptick rule, which prevents investors from shorting a stock unless the immediately preceding trade was equal to or lower than the price of the short sale.

Why Sigma

1. Lowest spreads in the forex market, No other broker offers such competitive spreads .

2. Sigma is the only broker that allows you to customize your trading account as you wish.

3. Maintaining the security of your money is a major objective at Sigma.

Our devotion to our clients has made our firm a respected industry leader, that we have a strong commitment to maintain a long term relationship with our clients.

4. Low margin requirement.

5. Full Hedging capabilities.

6. Sigma is a registered financial institution, and registered with the European registration authorities. The regulations set out into notice by these agencies are created to help ensure the safety of our clients’ deposits.

7. We maintain enough liquid capital to meet the needs of the amount required to cover all client deposits, potential shift back and forth in the firm’s currency positions and outstanding expenses.

8. We put forward our financial information to regulatory bodies on a weekly and monthly basis.

9. In addition to all the above, Sigma holds all deposits with only highly reputable financial institutions. We are appreciate the trust of our clients place in us.

Please be aware of brokers that guarantee the safety of your funds or that claim that your funds will receive special protections such as FDIC insurance. Nobody can guarantee profits in Forex trading

Price Bars and Market Types In SigmaForex

• Price Bars

Price bars are a linear representation 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, we use one minute and five-minute bars for our system. 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 timer 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 represent s the closing price of the period.

• Market Types

The market often display's some very familiar patterns of price movement. Once a pattern is established, it becomes the most probable course of future price action until the market changes. There are two types of markets which become important for the beginning trader to identify; trending and trend-less. Each market type has two specific patterns which you will also notice over time.

These market types and patterns can be defined as follows:

Trending - Steady elongated price movements with less than a 45-degree angel with occasional pauses, profit taking, or resting periods.

Uptrends - A pattern of higher highs and higher lows.

Downtrends - A pattern of lower lows and lower highs.

Trend-less - Erratic price movements which are often steep ( greater than 45 -degree angle ) and cannot sustain and therefore must reverse. Although the movements can move many points in a short period of time, they often result in very little net price movement over time.

Choppy - An erratic pattern of higher highs and lower lows.

Sideways - A narrow pattern of lower highs and higher lows.

While up-trend and down-trend days can offer excellent trading results, choppy markets often create stop outs, while sideways markets produce for little in either direction. Our trading objective is to get into a trending market and ride until we make our target objective.

Senior Marketing Analyst

We are seeking an experienced marketing professional with proven analytical skills. The individual selected to fill this newly created position will help our marketing team better understand its user base and assist in defining strategies and tactics to drive acquisition, retention and growth.

The successful candidate will provide end-to-end analytic support and leverage key insights from analyses to develop, communicate and champion strategic recommendations to drive improved customer relationships, increased value and increased market share.

Required Qualifications:

• Strong understanding of Relational Database systems with ability to easily understand and extract important data using Structured Query Language (SQL).
  
• Good statistical analysis and interpretation skills.
• Strong working knowledge of MS Excel using both complicated formulas, and VBA.
• Strong project management skills
• Excellent verbal and written communication skills.

Education/Experience:

• Bachelor's Degree in Math, Statistics or relevant field.
• Minimum of four (4) years of relevant work experience.

To join our Benefits of working at SigmaForex.com and get your Vacancy Kindly send your resume referencing job ID "SMA" by e-mail to our Human Resources Department at

Forex Trading in SigmaForex

• Forex Trading different roles in the FX Market

Central Banks And Governments

Policies that are implemented by governments and central banks can play a major roll in the FX market. Central banks can play an important part in controlling the country's money supply to insure financial stability.

• Banks

A large part of FX turnover is from banks. Large banks can literally trade billions of dollars daily. This can take the form of a service to their customers or they themselves speculate on the FX market.

Sigma Forex Practice Accounts

Learn And Develop your trading skills with Sigma platform!

A Free practice account is a great way to experience the Forex market without risking any money.

• For Novice Traders

For those who did not trade in the forex market before can get accustomed to following a market, and open themselves to a whole new way to invest, and it also gives them the chance to understand how the trading platform works.

• For Regular Traders

For those who are familliar with trading in forex market, a practice account can help them to get use to the particular characteristics of the Forex market or our trading platform.

• For Experienced and Professional Traders

A practice account can even help experienced and professional traders as they can test and practice their trading strategies without risking capital.

Generally the Demo Account has the same capabilities of the real account, the only difference between them is that the real account is with real money and the practice account is with virtual money.

Open Now A Free $ 500'000 Account With Sigma Forex and discover a whole new way to invest.
Sigma Account allow you to open Micro, Mini and Standard lot through only one account and trade in Forex Market

In order to register for a practice account, please Download Sigma Forex Platform and open new account as illustrated below and you will have unlimited access to our Platform for the next 30-days.

• Download Sigma Platform (Meta Trader 4)

After Downloading Sigma Forex Platform, Run it's Setup and open an account

If you have any problem regarding Sigma Practice Account you can see User Guides or click on the Live Chat button on the right menu and our customer support staff will help you through the process.

SigmaForex Asset Market Model

• Asset Market Model

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.

Fibonacci Retracement | SigmaForex

The Basic Theories

• Dow Theory

The oldest theory in technical analysis states that prices fully reflect all existing information. Knowledge available to participants (traders, analysts, portfolio managers, market strategists and investors) is already discounted in the price action. Movements caused by unpredictable events such as acts of god will be contained within the overall trend. Technical analysis aims at studying price action to draw conclusions on future moves.

Developed primarily around stock market averages, the Dow Theory holds that prices progressed into wave patterns, which consisted of three types of magnitude—primary, secondary and minor. The time involved ranged from less than three weeks to over a year. The theory also identified retracement patterns, which are common levels by which trends pare their moves. Such retracements are 33%, 50% and 66%.

• Fibonacci Retracement

This is a popular retracement series based on mathematical ratios arising from natural and man-made phenomena. It is used to determine how far a price has rebounded or backtracked from its underlying trend. The most important retracement levels are: 38.2%, 50% and 61.8%.

Sigma Forex is leading European professional online trading Brokers registered in the Uk and most of the EU countries. It was founded by professional private investors including (banks, traders, brokers, and software developers), which enabled Sigma to identify the essential needs of the Forex participants from the start.

Since 2003, Sigma’s aim has been to provide the best, powerful and most suitable currency trading technology along with superiority in execution, competitive services, and dependable customer service. Over the past years, Sigma has quickly become one of the world’s leading online retail currency trading institutions, providing integrated global trading systems, analysis techniques and the most reliable and sophisticated online trading software. We offer internet trading through Meta Trader. This trading platform is very stable and reliable. It is highly regarded and very popular among traders.

Sigma Forex Lines & Channels

• Lines & Channels

Trend lines are simple, yet helpful tools in confirming the direction of market trends. An upward straight line is drawn by connecting at least two successive lows. Naturally, the second point must be higher than the first. The continuation of the line helps determine the path along which the market will move. An upward trend is a concrete method to identify support lines/levels. Conversely, downward lines are charted by connecting two points or more. The validity of a trading line is partly related to the number of connection points. Yet it's worth mentioning that points must not be too close together. A channel is defined as the price path drawn by two parallel trend lines. The lines serve as an upward, downward or straight corridor for the price. A familiar property of a channel for a connecting point of a trend line is to lie between the two connecting point of its opposite line.

• Averages

If you believe in the "trend-is-your-friend" tenet of technical analysis, moving averages are very helpful. Moving averages tell the average price in a given point of time over a defined period of time. They are called moving because they reflect the latest average, while adhering to the same time measure.
A weakness of moving averages is that they lag the market, so they do not necessarily signal a change in trends. To address this issue, using a shorter period, such as 5 or 10 day moving average, would be more reflective of the recent price action than the 40 or 200-day moving averages.
Alternatively, moving averages may be used by combining two averages of distinct time-frames. Whether using 5 and 20-day MA, or 40 and 200-day MA, buy signals are usually detected when the shorter-term average crosses above the longer-term average. Conversely, sell signals are suggested when the shorter average falls below the longer one.

There are three kinds of mathematically distinct moving averages: Simple MA; Linearly Weighted MA; and Exponentially Smoothed. The latter choice is the preferred one because it assigns greater weight for the most recent data, and considers data in the entire life of the instrument.
Fundamentals Affecting the US Dollar

Types Of Charts

A chart or graph is a type of information graphic or graphic organizer that represents tabular numeric data and/or functions.
Charts are often used to make it easier to understand large quantities of data and the relationship between different parts of the data.
Certain types of charts are more useful for presenting a given data set than others.
The charts are one of the main interests at Sigma.
Charts are a statistically noticeably technical analysis tool for a trader that wants to carry out successful trading.
Currency charts bring clearly a single period of time and that period could range from one minute to one month to several years.

To open a new Forex chart:

• Through the menu options File > New Chart.
• Right-click the Market Watch window, then select the Chart Window options
• Clicking on "New Chart button" on the toolbar
• Or press the Ctrl + W key combination

Elliott Wave in SigmaForex

• Elliott Wave

Ellioticians classify price movements in patterned waves that can indicate future targets and reversals. Waves moving with the trend are called impulse waves, whereas waves moving against the trend are called corrective waves. Elliott Wave Theory breaks down impulse waves and corrective waves into five primary and three secondary movement respectively. The eight movements comprise a complete wave cycle. Time frames can range from 15 minutes to decades.

The challenging part of Elliott Wave Theory is figuring out the relativity of the wave structure. A corrective wave, for instance, could be composed of sub impulsive and corrective waves. It is therefore crucial to determine the role of a wave in relation to the greater wave structure. Thus, the key to Elliot Waves is to be able to identify the wave context in question. Ellioticians also use Fibonacci retracements to predict the tops and bottoms of future waves.

Pivot Calacuator

There are many ways to find support and resistance price levels, but one good and fairly easy to use "Pivot Points". You find them using a "Pivot Calculator"

Why use IT ? They are a long proven, reliable, widely used predictive tool that helps take a lot of the guesswork out of determining exactly where and when to enter or reverse a market position. When entering a basic simple entry, Pivot levels help to you determine in what direction you should go. And they will go a long way to calm fears when trading in real cash.

Pivot points, a technique developed by floor traders, help us see where the price is relative to previous market action.

Pivot Points: Pivot point is a level in which the sentiment of the market changes from “bull” to “bear” or vice versa.

Pivot Points:
P = Pivot
R1 = Resistance level 1
S1 = Support level 1
R2 = Resistance level 2
S2 = Support level 2
R3 = Resistance Level 3
S3 = Support Level 3

Forex vs. Equities | SigmaForex

• Forex vs. Equities

If you are interested in trading currencies online, you will find that the Forex market offers several advantages over equities trading.

• 24-Hour Trading

Forex is a true 24-hour market, which offers a major advantage over equities trading. Whether it's 6pm or 6am, somewhere in the world there are always buyers and sellers actively trading foreign currencies. Traders can always respond to breaking news immediately, and P&L is not affected by after hours earning reports or analyst conference calls.

After hours trading for U.S. equities brings with it several limitations. ECN's (Electronic Communication Networks), also called matching systems, exist to bring together buyers and sellers - when possible. However, there is no guarantee that every trade will be executed, nor at a fair market price. Quite frequently, traders must wait until the market opens the following day in order to receive a tighter spread.

• Superior Liquidity

With a daily trading volume that is 50x larger than the New York Stock Exchange, there are always broker/dealers willing to buy or sell currencies in the FX markets. The liquidity of this market, especially that of the major currencies, helps ensure price stability. Traders can almost always open or close a position at a fair market price.

Because of the lower trade volume, investors in the stock market are more vulnerable to liquidity risk, which results in a wider dealing spread or larger price movements in response to any relatively large transaction.

100:1 Leverage
100:1 leverage is commonly available from online FX dealers, which substantially exceeds the common 2:1 margin offered by equity brokers. At 100:1, traders post $1000 margin for a $100,000 position, or 1%.

While certainly not for everyone, the substantial leverage available from online currency trading firms is a powerful, moneymaking tool. Rather than merely loading up on risk as many people incorrectly assume, leverage is essential in the Forex market. This is because the average daily percentage move of a major currency is less than 1%, whereas a stock can easily have a 10% price move on any given day.

The most effective way to manage the risk associated with margined trading is to diligently follow a disciplined trading style that consistently utilizes stop and limit orders. Devise and adhere to a system where your controls kick in when emotion might otherwise take over.

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.

Support & Resistance in Forex | SigmaForex

• Support & Resistance

Support and resistance levels are points where a chart experiences recurring upward or downward pressure. A support level is usually the low point in any chart pattern (hourly, weekly or annually), whereas a resistance level is the high or the peak point of the pattern. These points are identified as support and resistance when they show a tendency to reappear. It is best to buy/sell near support/resistance levels that are unlikely to be broken.

Once these levels are broken, they tend to become the opposite obstacle. Thus, in a rising market, a resistance level that is broken, could serve as a support for the upward trend; whereas in a falling market, once a support level is broken, it could turn into a resistance.

Main Key Features of the Platform:

• Smooth flow dealing with no request for quote for up to 200 lots (20 million).
  
• Working with securities of Forex, Futures and CFD markets.
  
• Multilanguage program interface that supports 14 different languages.
  
• Friendly user interface that is both easy to use and to grasp.
  
• Various execution technologies: Instant Execution, Request Execution, Market Execution.
  
• Exclusive daily technical analysis to your mailbox in the Trading Platform.
  
• Providing research reports for every day and every week.
  
• Working simultaneously with multiple accounts.
  
• Various real-time charts with the most common indicators.
  
• All types of market and pending orders to engage the services of the desired trading strategies.
  
• Summary of client's orders, opened positions, floating profit & loss, account equity, margin, free
  margin …etc within real-time.
  
• Supplying news headlines directly in the platform from financial markets.
  
• Discover the trailing Stop feature.
  
• Supplying tools allowing Sigma’s clients with real account to set their own trading strategies with
  the Expert Advisor.
  
• Intimacy of all trading operations and support of Advanced Security technology.
  
• Internal mailing system.
  
• Printing charts and completed trading transactions statements.
  
• Providing a high level of confidentiality found in the client's unique username and password.
  
• Real-time data export via DDE protocol.
  
• Support of various timeframes (from minutes up to months).
  
• Experts, Custom Indicators and Scripts.
  
• Signals of system and trading actions.
  
• Showing real-time prices in the major currency pairs that are constantly updated.

Open a Free Practic Account and try the features of our system by yourself.

• Download Sigma Platform Now

And For more information or assistance, please do not hesitate to Contact Us at any time or even request a call back.