Take Bonus

Take Bonus

Due to increasing demand on our enhanced live accounts, Sigmaforex LTD is extending its live accounts bonus program till 31 December 2008

Don not wastes your chance!
And open your live account today!
Sigmaforex LTD 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

Or, call us at +44 84 50 56 54 51

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

Good luck

Pricing

Pricing

Price reflects the perception and action taken by the market participants. It is the urgency between buyers and sellers in the trading pit that creates price movement.

Thus, all fundamental factors are quickly discounted in price. Therefore, by studying the price charts, you are indirectly seeing the fundamental and market psychology all at once - after all the market is feed 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.

Most computer programs will display a small box of data usually called a display window which will contain the following items:

O = Opening Price
H = Highest Price
L = Lowest Price
C = Close or Last Price
Tr = Volume or number of trades (not contracts) in that time 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 angle with occasional pauses, profit taking, or resting periods.

Profit Potential in both Rising and Falling Markets

Profit Potential in both Rising and Falling Markets

In every open FX position, an investor is long in one currency and shorts 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.