Wednesday, January 17, 2007

Can someone feed me with full forex trade detail? -

can someone give the truth about forex?and how to enter as a prospective investor.pls send info to email walteruhwen@yahoo7.com.au. I wouldn t invest in any foreign markets except western Europe and Canada. China is still run by communist dictators. Russia has a corrupt America hating regime and even south Korea has more interest in reuniting with the north then being our allies. The rest of the world is politically unstable and their economy s are reliant on the U.S economy. They are all like third world country s but nothing has changed to make me think any of them understand free market capitalism. They are still run by communists and/or dictators. Most people who are interested in Forex are actually interested in becoming a trader... but in your case since you used the word quot;investorquot;, I assume that you re looking at a more long-term approach (i.e. buying and holding currencies for at least a few months). The best currencies to invest in right now, I believe are the Euro, British Pound, Aussie Dollar and New Zealand Dollar. I would stay away from the U.S. Dollar and the Japanese Yen. That s pretty much it. However, if you re looking at a more short-term approach to Forex trading, you might like to check out http://forexsystemprofits.com where I share with you the truth about Forex retail trading... that is, buying and selling currencies in the shorter term (hours, days and weeks). Thanks, and all the best with your investing! Forex can be traded as either a trader or investor. An investor is interested in holding currency for the long term trying to catch longer term trends. A trader holds currency for very short periods of time, from a few minutes to several days. Both investors and traders can use a combination of fundamental and technical techniques to determine when to get in and out of trades. Trading forex is simple, you just need to open an account with a forex broker and deposit funds. Most brokers offer 200:1 leverage, so you can trade a large amount of money with a small balance. If you already have a stock/share broker, it is possible you can already trade forex through them. You can place buy and sell orders, stops and limits easily and they are processed immediately as the forex market is 24 hour and is the most liquid market in the world. The tricky part is knowing when to buy and sell. There are a number of forex e-books, software products and free articles on the internet that you can use to learn the forex basics as well as techniques for determining when to enter and exit the trade. To learn more about forex this site http://www.iblogforex.com contains a lot of articles targeted at beginners and features some very popular e-books you might be interested in.

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