Forex trading is all about analyzing the market and executing the right strategy with the right approach. Investors mainly use fundamental, technical and sentimental analysis to identify the trade opportunities but usually, their approach is unstable.

So, here we present the right ways to analyze the forex market through fundamental, technical, and sentimental analysis :

• Fundamental Analysis: Various economic factors affect the overall value of the currency in a particular nation. Fundamental analysis focuses on macroeconomic factors such as inflation rates, interest rates, political issues, unemployment rate, and Gross Domestic Product. This kind of analysis helps the traders to identify trade opportunities and determine whether the particular currency will appreciate or depreciate. In forex trading, the profits earned is the gain earned due to fluctuations in the foreign currency. So, let’s check the steps you need to follow in fundamental analysis

1. Analyze the current economic environment of a particular country.
2. Analyze the position of the company you are investing in. Position of the company can be determined by its cash flow statement, profit and loss statement, and turnover.
3. Frame an appropriate trading strategy that can help you to hedge long-term position in the market.

However, to learn trading fundamentals and strategy making skills in-depth, eightcap demo account can be of great help. Also, trading platforms like eightcap MT5 are known for their multi-assets trading features with a superior comprehensive price analysis.

• Technical Analysis: This one focuses on the upward and downward trends of security. Forex gurus like eightcap believe that what happened in the past will influence future market movements. Forex traders make use of trend and chart analysis in order to figure out potential price actions. The upward and downward movements on charts usually represent historical price movements. Such movements are created by price actions and it provides a foundation to determine the supply and demand levels of specific currencies. For instance, support and resistance levels are used to ascertain whether to buy or sell a currency at a particular point. In all, if you want to be a profitable forex trader, then make sure your trading strategy is influenced by historical trends and current situation. To know, how forex traders are earning huge profits with us, you can check out the eightcap reviews.

• Sentimental Analysis: Forex market is driven by finance fundamentals, market condition, and short-term sentiments. As a trader, it’s essential to note that sentiments largely make the currencies volatile on a day-to-day basis. We have often observed that though the long-term fundamentals of currency show an uptrend, a currency still remains down due to a ‘bad mood.’ The bad mood in trading indicates that the majority of the traders are trying to hedge a short-term position in the market. The steps involved in evaluating the future value of a specific currency is:

1. Collect the required historical data through various newspapers, blogs, and videos.
2. Once the data is collected, generate a sentiment score with the help of forex brokers or online tools.
3. Lastly, execute the trading strategy depending on your analysis, strategy returns, and Sharpe’s ratio.

Conclusion: All three approaches are important since it has its own assumptions and process. However, picking the best approach amongst them is based on the risk appetite, goals, objectives and time restrictions of the trader. If you want to kick-start your trading journey with the right partner, then Eightcap pty ltd can offer you a broad range of financial instruments with sophisticated trading tools, competitive pricing, and exceptional execution.

The post How To Analyze The Market Through Fundamental, Technical And Sentimental Analysis? first appeared on Modrika.

Since there are a variety of brokers in the market today, searching for the best one often becomes a difficult task. So to streamline your broker finding struggle, we have jotted down the top picks for the best forex trading brokers that are sure to help you with your financial decisions. The best among the forex brokers, not just allows easy access to trade currencies but also offer reasonable costs with strong trading platforms and high-quality educational resources.

So if you’re just starting out and doesn’t know where to place your trust, here are the top 5 brokers that stand out for their trader support and can give you the right start:

• TD Ameritrade: Considered as the best trading platform overall, TD Ameritrade is known for its feature-rich tools that allow you to do forex trading just as you would trade equities, futures, and options. With more than 70 currency pairs to support and 350 technical indicators, it makes for the best platform for both experienced and beginners. With some commission-free options, its pricing is fairly straightforward.
• Ally Invest: It is an ideal platform for both experienced and novice, which is customizable and easy to use. You get to choose between the Classic and the Live platform where Classic comes with over 50 technical indicators and other analytic tools and the Live being robust features more charting tools and advanced features combined with auto trading strategies. With excellent pricing to offer and no commission on any trades, Ally Invest is a great platform to start with.
• Forex.com: The best trading platform on the go as it has the most feature-rich mobile app, which lets you place trades and add funds through it while automatically syncing it with the desktop version. You can trade over 50 currency pairs with no commissions at all, which definitely forms a good choice.  
• Interactive Brokers: For active traders, this one is the way to go. With their best pricing and a wide variety of tools, Interactive Brokers help you make trades at the right time with maximum returns. Offering 90 technical indicators that help you track the performance of a particular currency pair and also let you compare a pair to an index to see whether it is underperforming or over-performing. With some of the lowest spreads and sometimes with no markups at all, Interactive Brokers is an affordable platform offering great value.
• Go Markets: Being one of Australia’s original Meta Trader 4 Forex brokers, Go Markets boasts of its powerful and technologically-advanced trading platform, which lets both experienced and new traders to trade the world’s most liquid market with the right trading strategies. With full access to popular platforms like MetaTrader 4 and MetaTrader 5, you can trade 50 plus forex pairs along with analyzing financial markets, trading signals, accessing mobile trading, and effective execution of your orders. A gomarkets review is all that you need to go through to trust this leading Australian broker. Just check out the go markets review today to confirm your choice of broker. For, trading definitely gets better with Go Markets.

No doubt, Forex is a risky option to opt for but with the support and guidance of the right broker, you can definitely dip in your toe to explore the world’s largest and most liquid market. Just make a choice that will impact your success as a trader.

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Brief Job Responsibilities:

• You have to maintain existing courses, make sure that each of them are revised and improved, based on the recommendation of the instructors and students.
• You have to develop new course modules to be incorporated into existing courses, as well as research, design and implement new ones.
• You have to determine the training strategy and selecting the appropriate media to be used.
• You have to design the general curriculum, define training objectives, and generate mastery tests.
• You have to work with graphic artists to create audiovisual and other training aids.
• You have to update and modify course contents to reflect any development and changes in the procedures or technology discussed in the course.
• You have to provide technical assistance and support to instructors and students when necessary, train instructors in correctly using the course materials they have developed.
• You have to coordinate with research and development and management for planning and designing the contents of training courses and activities.
• You have to update current training trends and technologies and apply them as needed.
• You have to create online courses, using multimedia authoring tools.

Qualifications/Requirements:

• The training course developer should have either a bachelor’s or master’s degree in Instructional Design or any related course.
• You have to should be highly analytical and possess creative and intuitive problem-solving ability.
• You have to should be able to communicate ideas and concepts clearly and accurately.
• You have to should have excellent writing and editing skills, be highly attentive to details and be able to manage time accordingly.
• You have to should know how to use computers and software applications such as word processor, database management, and presentation software.

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                   XOM doesn’t have a 100% correlation to WTI crude it definitely trends in the same direction. On August 24^th, 2015 XOM traded as low as 66.55 with the New York Mercantile Exchange (NYMEX) futures trading as low as $38 per barrel. On July 15^th, 2016 XOM traded as high as 95.55 with the NYMEX futures trading close to $47 per barrel.

              XOM closed at 87.04 on August 2^nd. The NYMEX WTI crude closed at 39.82. If you believe that crude will continue to trend downwards you have several alternatives available to you. If you short 500 shares of XOM at 87.04 you will need to come up with $65,280.00. With short stock you need to come up with 150% of the price of the stock as margin. If XOM was to improbably drop all of the way to zero you would net $3,520. The upside risk is unlimited.

                 Is there a better way to profit from a downward move in XOM? There certainly is a safer and less capital intensive way. You can buy 10 XOM September 87.50 puts for 2.76. You need to come up with $2,760.00. You are tying up less than 5% of your capital when you buy the puts versus shorting the stock. The downside breakeven point (DBEP) for the puts is 84.74. The maximum possible profit for the long puts is $84,740.00. That happens when XOM travel all of the way to zero.  The maximum possible loss is $2,760.00. When you are long options you cannot lose any more money than your original investment. The toughest part of the long put position is the fact that long options are a wasting asset. There are 46 days until expiration. Every day the erosion in the premium paid for the options increases exponentially.

                 A common way to deal with that problem is to short options against your long options position. You can short 10 XOM September 82.50 puts at 1.00. That cuts your long premium exposure down to 1.76. Your maximum possible loss is now $1,760.00. That’s 36% drop in your maximum loss. This is referred to as a bear put spread or a long vertical put spread. While you have lowered your risk you have also lowered your possible reward. When you sell the 82.50 puts you are obligated to take ownership in XOM should XOM trade below 82.50 at expiration. Your maximum possible profit is now $3,240.00. Below 82.50 you get short at 87.50 and long at 82.50 which means the max value for the spread is 5.00.

The post Trading tip for Exxon mobil stock by Dan Keegen first appeared on Modrika.

• Account Manager
• Trade Manager
• Trade Executive.

Job Details :

• On-rolls Job, No Contract, No Third Party Payroll
• Multiple Positions Available
• No Sales Profile
• Handle  Customers Who Deal In Shares’ / Stock Trading With Religare
• Good Communication Skills
• Candidates With Basic Knowledge of Broking Products & Knowledge Will Be Preferred
• Availability of Shuttle Service from Nearest Metro Station (Golf Course & Jasola)

Salary Package :  1.8 – 3 Lac + Monthly Performance Based Incentives

Job Location     : Noida

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Alchemy Shares and Stock Brokers is a case in point. For the 40-odd employees working in the firm owned by Alchemy Capital, June 27 began like any other day. They went about their business, took the usual coffee breaks and indulged in idle chat. But all that changed when Lashit Sanghvi, co-promoter of the firm, called the employees into his office and told them that he was shutting down their division. He gave them their June salary and a severance package. Sanghvi’s was not a rash decision. For a while he tried to get an international buyer, but when no deal materialised he knew it was closing time.

Nor is it an isolated case. In the same week, the promoter of another mid-size institutional broking firm asked its employees to take a 60 percent pay cut. This was unacceptable to the head of the division, who walked out with his entire team.

Over the past two months, many Indian brokers with institutional arms have tried to sell out to foreign brokers looking to set up shop in the country. In fact, a well-known investment banker is still looking for a buyer for three Indian brokerages and is in talks with some foreign brokerages.
Alchemy Capital was never a big firm but it wasn’t insignificant either. One of its promoters is billionaire investor Rakesh Jhunjhunwala. It’s only because Jhunjhunwala is a promoter that many investors bought the firm’s investment advice. Of course, all of this came to naught with Alchemy’s fight for survival.

For many, Alchemy’s fate is indicative of a deeper malaise in the Indian broking industry. Foreign brokerages with their superior technology and global presence are starting to get a choke-hold on their Indian rivals. If Indian broking houses were to write a research report on their own sector it would probably be titled ‘Sector Underweight’!

A major reason for their undoing lies in a little known formula that sits inside computers and helps in smoothening trade but is generally ignored by Indian brokers. It is known as Direct Market Access (DMA) and is slowly becoming the backbone technology for trades. Most Indian broking firms are just beginning to adapt to this technology, which is a precursor to algorithmic trading (see Forbes India September 20, 2010).

This technology has brought down commission revenues for brokers from 20 basis points to about 8 basis points in a single year. The effect on the finances of Indian brokers is visible. Over the past three years, revenues for listed Indian brokerages have fallen 3 percent, while profits have shrunk 26 percent. To make matters worse, expenses are rising sharply due to increasing salaries and technology investments.

“As in any other market, technology will be the biggest differentiator in the Indian market and it will be challenging for Indian brokers, who are relatively new to trading technology, to compete with the international players that have been in this business for a long time. In this scenario, Indian brokers will partner with foreign players and work like a sub-broker. At the same time, Indian brokers’ local expertise and knowledge will be valuable for the foreign partner,” says Murat Atamar, head of the Credit Suisse’s advanced execution services product for Asia Pacific. Switzerland-based Credit Suisse is one of the market leaders in institutional broking in India.

Statistics clearly show that consolidation is on its way. In 1999-2000, the top 100 brokers accounted for 49 percent of the total turnover on the NSE. In 2009-10, this rose to 73 percent and in the next 10 years, they are expected to account for 80 percent of the turnover. On the institutional side, which accounts for 30 percent of the total turnover, 10 brokers account for 80 percent of the trade. Almost all are foreigners.

The post Fight for flight for Indian broking first appeared on Modrika.

Firm: Renaissance Technologies

Headquarters: East Setauket, N.Y.

Earnings: $2.1 Billion

The “Quant King” retired from his $20 billion hedge fund firm, Renaissance Technologies, in 2010, but he continues to play a role at the firm and enjoy its spoils. The firm’s funds earned net returns as high as 33% in 2011. The MIT grad started his career as a theoretical mathematician and was a code breaker for the U.S. Department of Defense during the Vietnam War. He later was head of the math department at SUNY-Stony Brook. In 1982 he founded Renaissance, which is based in East Setauket, N.Y. The fund uses computer modeling to find inefficiencies in highly liquid securities. Simons has shown a preference for hiring PhDs over MBAs. He chairs Math for America and supports autism research.

The post THE 40 HIGHEST – EARNING HEDGE FUND MANAGERS first appeared on Modrika.

Now, after 60 years, it is time to call Susan Calvin to look at financial trade bots (software programs that trade in the market without human intervention). The question that she must answer is this: Do these programs — called High Frequency Trading (HFTs) — really create the problems that many investors and policy makers claim, or do they actually make the markets more efficient? What if these trade bots become a dominant force in the stock markets? Will the role of emotions and animal spirits in the markets come down? Theoretically, yes. But practically, it might be a while before this happens.

Remember that stock prices are considered to be fair in the long run but are irrational in the short run. Behavioural finance, a branch of economics, theorises that since people are irrational, the financial markets are also irrational. And since human beings are responsible for writing the code that identifies anomalies in stock prices, there is no way that technology can make markets efficient or price the stocks correctly, especially, in the short run.

This is where Dan Ariely, behavioural economist, comes into the picture. “If HFT looked at anomalies and only acted based on these anomalies, then by definition there would be a perfectly efficient market. The problem is that HFTs are based on assumptions about what should be the rational state of the market. Now, what if these assumptions are not correct? Now HFT can shift the market not closer to the right state, but to some hypothetical ideal state”, he says. Ariely also feels that more often there are bugs in these systems which can cause havoc just like the situation on May 6, 2010 when the markets crashed by 573 points in five minutes. (Though to be fair, the markets recovered fairly quickly).

On the other side is Jonathan Brogaard, a Ph.D. candidate at Kellogg school of management, who has studied HFT in great detail. His findings prove that HFTs only make the market efficient. According to him, contrary to what is believed, HFTs increase liquidity in the markets. HFTs are an integral part of the price discovery process and price efficiency, he says in his report.

Does this apply to the Indian markets? Indian markets are not as efficient as US markets. HFT as it happens in the developed markets is yet to happen here, and the Indian exchanges are gearing towards that technology. It will take some time. About 7 percent of trades in India go through algorithms while 70 percent goes through algorithms in the developed markets. So in India expect plentiful cycles of fear and greed. The world of cold logic is still some time away.

Markets like India are places where art can still defy logic. In India, fund managers based on their ability to spot stocks and industries can have better chances of survival as compared to the developed markets. But things are slowly changing. Whatever has happened in the developed market will happen here as well. Today even if algo trading is thin, the growth rate at which automated trading is growing is at around 100 percent. It is only a matter of a few years and Indian markets will be exactly like the developed markets. Of course, there will be bugs in the software and there will be market crashes. But then there will also be a Susan Calvin.

The post Algorithmic Trading Higher than human first appeared on Modrika.

Because of having organizational experience and subsidiary of Prophecis, Modrika is providing practices class on software’s like alpabox, trade station and multi chart. Practice helps to boost confident of candidate and enable to get rid of fresher tag and can start their career in field of financial advisory services, insurance and banking services, investment management, financial analysis, stock market consultants, broking agents, financial planners and economist and also work an individual trader.

Courses provided by Modrika emphasis on advance training in quantitative skills used in modern financial institutions. These include most notably valuation of securities, and measurement and management of portfolio risks. Training is provided in programming, numerical methods and statistics. The best feature of these courses is that they emphasis on computational methods and implementation of the pricing and risk management techniques.

After having international approvals Modrika still focus on skill based teaching not degree oriented. Because of having national and international approval which gives an opportunity to candidate to survive not only in Indian market but also in most soundful markets where algorithmic trading in demand like Europe, Hong Kong, Singapore, Japan and Australia.

Modrika’s placement cell is equipped with companies like JP Morgan, Credit Suisse, Deutsche Bank, KPMG, Ernst & Young, and Goldman Sachs and may more.

The post Modrika : India'S First Online Trading School to Impart Financial Education first appeared on Modrika.

Because of having organizational experience and subsidiary of Prophecis, Modrika is providing practices class on software’s like alpabox, trade station and multi chart. Practice helps to boost confident of candidate and enable to get rid of fresher tag and can start their career in field of financial advisory services, insurance and banking services, investment management, financial analysis, stock market consultants, broking agents, financial planners and economist and also work an individual trader.

Courses provided by Modrika emphasis on advance training in quantitative skills used in modern financial institutions. These include most notably valuation of securities, and measurement and management of portfolio risks. Training is provided in programming, numerical methods and statistics. The best feature of these courses is that they emphasis on computational methods and implementation of the pricing and risk management techniques.

After having international approvals Modrika still focus on skill based teaching not degree oriented. Because of having national and international approval which gives an opportunity to candidate to survive not only in Indian market but also in most soundful markets where algorithmic trading in demand like Europe, Hong Kong, Singapore, Japan and Australia.

Modrika’s placement cell is equipped with companies like JP Morgan, Credit Suisse, Deutsche Bank, KPMG, Ernst & Young, and Goldman Sachs and may more.

The post Modrika : India First Online Trading School to Impart Financial Education first appeared on Modrika.