Tuesday, August 28, 2007
Does people really make big money doing FOREX? -
I have this neighbour who rides luxury cars and has houses here and there by doing FOREX alone. Is these really possible ? I thought FOREX is like a roulette. You are basically gambling your money away? nothing is guaranteed in investing - he s just lucky if he s telling the truth or does a lot of research and knows what he is doing - the average person is far more likely to lose money in currency trading Anything is possible. Some people do very well trading, etc., but keep in mind most do not. Forex is far more complex than stock investing and involves more variables and you are trading against governments and major corporation that may enter or exit a market for hedging purposes. Yes, there are people making big money from forex and some who call it their job. It isn t exactly like gambling because you can analyze data and trends to make successful trades. If you have the right tools and information, it can make currency trading a lot easier. I was a little skeptical when I first began but I know from first hand experience how lucrative trading on the forex market can be. You are right, it is like roulette for a complete beginner. It is a complex market, but there is boatloads of money to be made if you get educated and know what you are doing. Over $3 trillion is changed hands on an average daily basis in this market. Another option for beginners or even experts, is forex trading software that will find the signals and make the trades for you. It runs on complete autopilot and is newbie friendly, so you don t have to be educated in the forex market to use it. They offer 100% money back guarantees and some will even deposit money into your live account upon purchase. You can check out the top forex trading software here: http://www.allcbreviews.com/finance/auto... B You can, but it s complicated. You should straight up ask your neighbor how he does it and if he could teach you how to do it. Without getting into the thick of forex technical analysis, you can use an autopilot program that does much of that work for you. I ve been working with Forex Automoney and I ve been making money, while learning how it all works. The answer to your question is yes. Lots of people make big money trading in forex. But that doesn t mean anybody can make big money. You have to be educated, smart, and disciplined. It takes time and practice to be good at anything, but once you get the necessary education, then the rewards are BIG. I have found a pretty good site that s geared towards beginners. It s at www.forex-campus.com. Good luck! First of all, FOREX (Foreign Exchange Market) mainly involves huge international banks, governments and corporations trading millions of units of currency at a time. Secondly, it s a quot;break evenquot; game like poker. What one person wins, someone else loses. All financial strategies are gambles. Whether you buy real estate, stocks, or precious metals; the value of your purchase can either increase or decrease in value. There is no easy get rich quick scheme although many web sites try to lure you in with that promise. Yes there are people who make big money from forex. You can trade forex like a gambler. Then you either make big or lose everything. Or you can learn the trade like a professional and live on it. If you are good, then you can make big money like your neighbor. Yes you can make good money but you can also lose good money too. Here s a beginner s guide to forex which shows you EXACTLY how to start it (so you can decide if it s really for you or not): http://www.forexfromscratch.com Hope this helps?
How to learn forex Trading? -
hi all, as one of beginners, I want to learn the way to trade forex. Do you know where i can start? there are a lot of forex trading course online over there. would you please suggest a place for me to study? thanks for your time! You can start to visit a couple of free websites like http://www.forextopten.com/forex-article... http://forexinblog.com/ or http://www.freeforexebook.org/. Then you can purchase a system like http://www.supraforex.com/ or http://www.superforexsystem.com/. No matter if you purchase a system or develop your own, you need to practice on a demo account so that you learn to trade without risking your money. Good luck. Hi Kenny, Whatever you do, don t go for the bells and whistles that you see so much nowadays. Don t spend money on a thousand dollar charting platform, or quot;specialquot; indicators that are supposed to tell you when to buy or sell, because that isn t learning how to trade. Those are the mistakes that I made when I first started out, and its the same mistake that so many new traders make. I ll suggest what I did. Get yourself a demo account with any Metatrade broker. Pull up a bar chart, don t put any indicators on it, and just follow the price. It may not happen overnight, but eventually, you will start to notice patterns developing, in which you can use to predict future price movement. It s a strategy as old ad the market itself, and will never go out of style. Hope this helps. here s one good site you may want to check. it will lead you to one of the legitimate, leading, trusted and reliable forex sites these days. what s really hot with the site is quot;personal servicequot;. they offer four accounts- mini, gold, platinum and vip. by opening any of these accounts (the higher the better trading features and privileges you can enjoy) , they will provide you a personal Account Service Manager or ASM to be your mentor, consultant and trading partner as well. once registered you can contact your ASM via phone, email or chat and discuss everything you need to know about forex trading. they also have a chatroom where you can interact with expert forex traders. all the best Hi, I have found some days ago a nice website that promotes zapping though many forex offers online, like forex courses, software, resources. Some of the listed method helped me to start trading profitably. Among them i suggest you best: 4) Forex Avenger. Simply The Best Forex Course On the Forex. It s a paid method but it s far worth the cost learn forex trading atricles http://c0000l.com/?cat=62 Hi there, You want to learn from the basic, Go to http://babypips.com for more information. From Forex Options Trading Basic, Go to http://NonDirectionTrading.com/blog
How do i start FOREX trading? -
How can i benefit from FOREX trading? There are a number of brokerage firms which offer forex accounts. Just do a search for forex trading. The value of the world s currencies changes minute to minute. Simplisticly, it operates much like trading stocks and you can make money the same way. You are trading currency instead of stock. There are also many firms who offer classes, some for free, on forex trading. Good luck. How to start? Start by taking classes in FOREX trading. Learn first, then do it. Otherwise, you ll lose more money from making more mistakes than you would if you had taken a class first. There are many classes available. Online Trading Academy: http://www.tradingacademy.net/Merchant2/... Forex.com http://www.forex.com/forex_demo_landing.... Market Traders Institute http://www.markettraders.com/ Knowledge will allow you to reduce your losses and increase your gains. Hello. If you don t have any FOREX trading skill then I recomend you this FOREX investor. You just invest money and they will do it for your. You get min 0.5% a day... and max 2.2% a day... depends on your investment. Minimal investment is $100. I have a website in maintinance so I can t give you my link where I have wrote all about this FOREX investor. Please contact me on yahoo messenger for more details. and here is a link: https://www.opentrade.net/?id=6rgXa6U7JJ... All best Matic S
How much does crude oil prices affect the stock market, Forex, etc? -
High oil prices tend to cause inflation, which tends to depress stocks. And a low dollar tends to raise oil prices, as it does with all commodities. there is no direct link, but one does influence the other, obviously when oil prices get high, airline stocks are under pressure,, when oil rises, oil services companies get richer, ect, ect, ect, oil has a small impact on a lot of industries, and as such,, their stock prices,, you should check out www.thewallstreethunter.com they talk daily about market happenings, which recently has been about oil.... Good luck.... there are pairs which are more affected by oil than others, the USD/CAD tracks the price of oil since we consume oil and they produce it, overlay the price of oil with the USD/CAD and you can see the correlation. same with the EUR/CAD and CAD/JPY they consume alot of oil too. good trading mark mc donnell www.forexearlywarning.com
Suggest me some good sites which provide free charts for equityamp;derivative stocks, forex amp; bullion? -
yahoo finance charts and icharts give free charts there r many see all links on my blog advfn.com incrdcharts.com www.ibef.org www.nse-india.com www.bseindia.com www.answers.com(for concepts) Yahoo Finance: http://finance.yahoo.com/ vfmdirect.com indiabulls.com dbscholadirect.com http://in.finance.yahoo.com/q/ta?s=%5ENS... tradersedgeindia.com
I like to start forex trading but unable to differentiate between good company and a scam.? -
I can invest a maximum of only 30$. So according to my investment i request u to suggest a good company. I recommend you learn EVERYTHING YOU CAN about forex trading before investing a dime. There s a free beginners guide you can download at http://www.forexfromscratch.com - just type your name and email into the boxes and they will email you the book. It gives you the 5 step process you need to take to learn how to profit from forex. Hope this helps? Go to http://www.tjgroupforex.com/index.php/fo... and get a free 5 USD coupon to start trading. You can also download free forex e-books Good luck This is my personal website http://www.24forextrading.com/ where you can find a lot of answers in your questions. And this is the company which I trust for my investments. No problem with them the last 4 years. http://www.easy-forex.com/Gateway.aspx?g... But if you want more info, just send me a pm. But forex is really risky. You have to study a lot of stuff before you start with more money I hope that it was helpful. keep your money. you won t go anywhere trading forex with only $30 capital. meantime, register to this site and download a Free Forex Ebook. better read the ebook first. you can do actual trading later when you have enough capital to start, forex?? there is no companys in forex forex stands for foriengn exhance currency you trade currencys not companys... honestly forex is a bad way to trade i think i had terrible results personally down 30% in one week... yet my stock porofolio is up 307% YTD! however diversifing into currencys is a smart investment stragedy... forex has its own website to trade it alot of online brokers also allow you to trade forex ...interactivebrokers.com is by far the best online brokerage it allows you to trade just about anything.. cur, stocks, options, futures, etc etc p.s. $30 dollars is hardly worth anyones time including yours. i say dont invest it just keep saving until you get $3000 then open an online brokerage account and choose me best answer lol Differentiate between a good company and a scam at my favorite website: Hi SDF, There are a lot scams all around the marketplace..... Before you select any forex company or broker please do make a research about that company or broker according to heir Reputation, Website,authenticity, popularity, Minimum Deposit, leverage, margin and spread given and about its registration etc. The other point to onw abt scam id if any company providing leaverage more than 200:1 than understand there might be some scam in it. Regards with 30$, yu aent no invester...thats plae munee at most.
Can you making 10% profit consistenly per month in forex market? -
Most people don t Most people don t last a month in the forex market It is a highly specialized way of making money in the markets. If you want a quick return on your money then trading in cfd,s is the way to go. You dont actually buy shares as such but buy a contract on the assets. You then earn or lose money on the opening and closing price of the asset. Many people have got rich very quick from cfd s but there is also the risk of losing money quickly. Finding a broker will help as they can advice you on stops that sell when the asset falls below a certain amount you can afford to lose. you can find more information at http://www.cfd-to-cfd-trading.co.uk Not consistently.....no no..............................that would be a 120% return a year,,,,,,,,,,everyone would do it.......... you d best assume the answer is NO. frankly, I doubt even a professional with a lot of experience can do that on average, and certainly not consistently. Markets are subject to runs of bad decisions -- every trader has runs of three, five, 15 losses in a row. that you even ask suggests that you re being set up by some firm to lose. let me ask you a simple question -- if you knew how to triple your money each and every year, would you sell that knowledge to anyone for less than enough cash today to retire forever? neither would they. but since they aren t asking you for anything like that sort of money, they aren t selling you that kind of knowledge, are they? 10% per month yes. Consistently, NO. Finance 101 tells us no one can beat the market unless someone has found a new formula to do so. Even so, this new formula would be useless if everybody else were to follow it. Hence, no successful person who consistently beat the market will let loose on his strategy. Most people who beat the market are mostly lucky. Hence, you can make 10% profit per month or even 100% profit per month. But on a consistent basis, NO! Only after learning to offset the volatility. There is a wise way to look at trading foreign currencies. Learn how ordinary people can make extraordinary incomes with FREE ACCESS to a unique foreign currency trading system at http://www.homebusiness-opportunityseeke... I was surfing around and found this blog with reviews of a popular Forex helper product. Seems good to me. Here it is: http://forex-killerpipsreview.blogspot.c... No. probably in a month, yes, but consistently no. forex market is very volatile which means it is constantly moving depending on many things such as the economy of the country, politics etc. … sometimes the market doesn’t move in the favor of the trader so he might lose instead of making profit.
Why did the markets (forex and stock mkt) rally after the interest rates were raised today? -
isn t the interest rate rise supposed to lead to an appreciation in USD? also, why did the equity market surge? Many people through that a .5% hike was possible, so .25% was below some expectations and it s all about expections since the .25% was already priced in. Also, the more important bit was the bit about looking at the numbers for future guidance and a possible stop in the future rate hikes. The stock market will generally go up on that kind of talk by the Fed chair. I believe the stock market rallied, because the The Fed language after they raised rates seemed to indicate that they might be nearing the end of hiking short term rates. An end to the raising interest rates is bullish for the equity markets. The forex move supports the equity move. The language used by The Fed to alert traders and investors about the need for future interest rate hikes was less hawkish (leaning toward the end of Fed intervention). Forex traders viewed the indications that the Fed may be done as bearish for the dollar and hence the downward move in the dollar. i dont know hahahahahahahah! forex trading free resources on: http://umgarticles.atspace.com/forex-tra... The rise in rates was expected -- so had no effect at all on the stock market. What did have an effect is the statement that the Fed made when they announced the rate increase. They said that in the future they would consider both the state of the economy and inflation when deciding where to set rates. They also indicated that their actions are curbing inflation and that the economy is improving. This was considered good news.
In the stock market or forex, who will lose money when someone make money? -
where the profit come from? nobody makes or loses money until they sell. if you buy 100 shs. of stock from me for $500, you won t realize a profit unless you sell for more. i don t lose money unless i sold them for less than i paid. it s not always a win/lose scenario. it could end up being a win/win or a lose/lose depending on how much one or the other was in for. there are quot;bookquot; loses, meaning if you bought something and the market value is less than you paid, but you don t realize the loss until you sell. that s why people ending up losing their shirt. they have a quot;bookquot; loss, and hang on hoping the price will increase, but doesn t. It is possible that both the seller and the buyer make or lose money. If buyer A buys at $10.00 and sells it to buyer B at $30.00. Buyer A has made money. If buyer B then sells it at $40.00 both have made money. Of course both could lose money. If buyer a sells at $8.00 and B sells at $5.00 both lost money. And, of course, either one could make while the other loses. Stock market/forex are zero sum games industries. If the buyer makes or loss monies, it would be from the seller (previous owner)
Monday, August 27, 2007
What is quot;Forexquot; and can I trade US stocks on it? -
Are brokerage fees less? Is it safe? Forex is for trading currency, not stocks. it is very very risky. the margins are so high you can lose all your money in minutes. it is currency floats. they hide the fees in the quot;floatquot; so you don t have a per transaction fee per se, but you are paying more for it in the onset with the hope it goes up Hi FOREX stand for quot;Foreign Exchange.quot; It use to speculate on the exchange rate between two differents currencys. Ex: US$ vs Euro Euro vs Can$. You can t trade stock with a Forex account. Have a nice day. M.Theriault Montreal Canada 1) Foreign Exchange 2) No. 3) No. 4) Yes. No Forex is not a marketplace where you can trade US stocks. It is based on the trading of foreign currencies. It is the largest financial market in the world transacting over $2 trillion per day. It is open 24 hours a day, 5.5 days per week. The fees are not necessarily less, it depends alot on the size of your investment portfolio. It is not safe....for the inexperienced. However you can trade with free demo accounts to get the hang of it and there is quite a bit of free information available on the internet. Drop me an email and I will send you a free report that you may find quite useful in understanding Forex. Paul pupp52@yahoo.com if you want to know more about forex visit this blog, its teach you step by step to do it and useful tips and trick about it http://allaboutforex-faqs.blogspot.com/ Forex is foreign currency exchange. Buying and Selling of foreign currency pares not stocks. check this link its good http://buyingandsellingshares.blogspot.c... .
Can you suggest a book explaing dealing in forex? -
or even a website or someone who can explain - such as resistence and support and consolidation - see mataf.net reports I recommend a complete course on Forex like Forex secrets exposed or Forex mentor. You can read more about those products on the following llinks. http://www.forextopten.com/forexsecretse... http://www.forextopten.com/commercialfor... Good luck I book I found quite good is quot;Getting Started in Currency Tradingquot; It is written by Michael D. Archer and Jim L Bickford. It covers support and resistance along with many other aspects of forex trading. It also discusses some advanced trading topics such as rollovers, hedging and arbitrage. I would suggest a book that was just released several months ago called Millionaire Traders by Kathy Lien and Boris Schlossberg it s very information and shares stories of real life traders in the fx market. I would also check out the following blog: http://freedomrocksreview.blogspot.com/ for some good information about how to successfully profit in the market and limit the volatility in your account. Best of luck to you!
Can someone tell me more about forex trading,is it real or a hyip? -
What is Forex trading? Forex (Foreign Exchange) is the name given to the direct access trading of foreign currencies. With an average daily volume of $1.4 trillion, Forex is 46 times larger than all the futures markets combined and, for that reason, is the world s most liquid market. Forex trading In the past, forex trading was limited largely to enormous money center banks and other institutional traders. But in just the past few years, technological innovations and the development of online trading platforms allow small traders to take advantage of the significant benefits of trading foreign currencies with forex. In contrast to the world s stock markets, foreign exchange is traded without the constraints of a central physical exchange. Transactions are instead conducted via telephone or online. With this transaction structure as its foundation, the Foreign Exchange Market has become by far the largest marketplace in the world. (Additional infomation - I thinks most of the forex trader won t know what is HYIP, I searched on yahoo, It define as a pyramid money games, 100% cheat people money, please dont trust) Any questions about the forex : come http://www.fxground.com/forum yup, forex trading is real and not scams like all the hyips.. i earn at least usd3000 per month using the free forex signal service below.. u should try it! Using the Mtpredictor s technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY amp; USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we ll straight away post the signals here in real-time if there s any triggered) 1 hour, 4 hours amp; daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency amp; timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That s why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net.. of course it is real, not hyip, but you need good skill to be a good trader It is for real....... But you can get rich, or wrack up massive debts. For gamblers and experts, only.
Sunday, August 26, 2007
Forex Factory Pip Snipers - Know A Similar System For Profitable Trades In Forex? -
Forex Tracer -- It s a technical masterpiece of forex automation (similar to Forex Factory pip snipers but in a league of its own). Not many know about it, and at one time was part of a secret project. But the fact is, those who use it swear by it s raw power. The data mining engine is one of the best I ve seen in forex day trading and is still quite simple to use. For profitable trades in forex very few pip snipers come close to this Tracer. hello, I am a Financial advisor and forex trader. i have been working with http://www.finexo.com/ since long. This has provided me with every bit of facilities and tools. The primary focus of this system is initial investment or capital preservation; followed by accelerated growth and returns. The Key features of the system is: ? Fully automated trading system. ? Trading with relatively low leverage, resulting low risk with high ROI trading. ? Trades the GBP/USD high liquidity pair. ? Volatility based trailing stop mechanism to maximize profits from major market movements. ? Smart agent for tracing trades with low-risk / high-profit ratio. Averaging 3.5% monthly returns and the account has been profitable in 80% of trading months since inception. just buy the rydex managed futures fund, then go do something fun rather than staring at screen for answer check this site http://tinyurl.com/4kr773 be carefull - finexo is a scam! Only heard from people losing money there.
Could you give the address of Head of accounts and forex department of CREDIT MUTHUELLE DU SENEGAL? -
You misspelled it. It is spelled: quot;CREDIT MUTUEL DU SENEGAL.quot; There are a lot of scams involving this bank. Did you get a scam e-mail?
What sites offer forex education and accounts? -
Get a free book and news from Easy Forex. I use them for my trading for a year already. you may check your options in this site. this is one of the leaders in forex trading. it is easy to verify that claim by doing a search on the net. Register to download a free Ebook. if you want a live one-on-one help, for an initial deposit of at least $100.00, which you can use later to start your trading activities, this site will provide you a personal Account Service Manager with whom you can talk LIVE via phone, email or chat and discuss everything you want to know about forex trading. your ASM will even trade with you guiding you on the basics, tricks and strategies. the chat room is also full of expert traders who can give you more insights on how to become a successful trader. to top it all, they can even set your rates for Take Profit and Stop Loss, thus, enabling you unlimited earnings yet limit your loss, if in case, to only your set amount. Besides already mentioned ones, take a look at this website: http://www.forex-trading-secrets.net It offers a lot of free information about forex trading, forex articles, forex ebooks and other resources related to forex trading. Hope this helps! you can start a account and also learn the nitty grity of forex in the site mentioned in source list. Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets. Here is a free site that shows what has happened after economic news releases: http://www.forexnewspatterns.com Some good guides here: http://www.estocktrades.info/guides.php http://www.goforex.net/forex-trading-boo... forex.com
Which is the best and cheapest Currency (FOREX) trading website? Only tried and tested sites please.? -
Also, how much is the commission per trade? you can check your options in this site. Register to get a free Ebook. If you are a newbie to forex, you must read and study all you need to learn from the book. You can also get a Free Demo account so you can practice virtual trading before you get in to the actual business itself. The best part in this site is you can avail of the services of a personal Account Service Manager with whom you can talk live via phone, email or chat. Nothing beats the advise you can get from a real live person expert in the field who will guide you, teach you and trade along with you. For a minimum deposit of $100 you can start trading immediately. You can use your Credit Card to fund your account which is a lot convenient for you. They can even set your Stop Loss rates so that you can earn unlimited gains but not lose more than your authorized amount. Lots of other features designed to protect the interests of traders are offered in this site. Usually cheapest forex brokers do not offer any commission for traders and investors. Only forex brokers who require 5k and above to open an account offer commission. See here http://fuhrer2u.googlepages.com/home detail information is required ,for your query I think every forex trading site offers you practice account and you can use it for free. I tried forex.com . usually there are no commissions broker makes money from difference between selling and buying prices.
Saturday, August 25, 2007
Is it possible for a professional Forex trader to earn 20% a month? -
I have been talking with a professional forex trader and he says he has been trading for 25 years and he can manage an account for me that earns between 1-3% a day for around 20% a month. Can experienced traders really make this much on large accounts? 20% or more DAY is possible, but you can lose just as quickly. Yes, it is defiantly possible to earn 20% or more a month. Of course, you can lose just as much. From what I know a good trader can usually win 70% of their trades, and the percentage a month depends on their trading style, and how much leverage they are using. Some signal sites like http://www.easyforexsignals.info or http://myforexsignals.info claim they make 20% or more each month. It is possible to make even 100% in this market, but it is consistency that matters. An informed and wise trader will not claim what he can make in the future for past performances are are no guarantee for future returns. The wise in this field are those who know when to trade, when not to trade, and when to stop and take profits. The Forex market is the most volatile market in the world. If market psychology changes, you can see 300-400 points swing in minutes. Last week, the Yen appreciated by 936 points against the pound. In Feb, a similar activity led to pound falling against yen for about 2000 points. Consistency is the key! No. At that rate he would be a billionaire after 25 years. One of my friend can earn 600% two weeks so it may quiet easy to earn 20% a month .But it has under the risk,so you should learn or practice before you trade. You can open an free Marketiva forex online trading account , 5 USD live fund and 10000 USD virtual fund already in your account.! Open an free account and get $5 reward! http://www-forex.spaces.live.com If you have any question you can contact me by E-mail: marketiva-cn@hotmail.com absolutely. in reality about 2% actually do this tho. I suggest you demand to see some prior trading account statemnets from this fellow before giving him money. if he s for real he will gladly produce proof and references. Yes it is possible. I wouldn t count on it every month but a Forex trader that knows what he or she is doing can generate that kind of return. Keep in mind that a managed account will usually cost you around 30% of the profits still giving you a net of about 13%. Also be aware that although a professional will charge you 30% of the profits they will not share the risk of any losses to your account that they nay cause.
Hey, What are the success stories in forex trading ???? -
Hi, i am thinking of investing in forex and i get these mix reactions from people. some say that its really risky but the others say that its really good. All i really wanna is on what has been forex success stories. what are the chances of being successful here. I imagine you d get successes as well as failures, just as in any endeavor. The attached source provides some good independent information in this regard. I personally don t invest/trade forex (yet) because I have a full time job/family while managing $Ms in funds and $Ks in options.
When i open mozilla forex-it comes google toolbar-1 which does go away -it stick on same postion? -
1i have down load it wrongly-how to remove it-because i can not do any search on mozilla forex Is that english you are typing? . I can say one thing Unistall and install the browser again.
What websites have day to day analysis for the Forex Market? -
I am lookin for a website to help me back my own analysis of the foriegn currency markets? I am running a blog where you can get the analysis of the trades I am making - http://the-forex-trading.blogspot.com Free forex market analysis http://www.forexcycle.com http://blog.forexcycle.com Report Abuse
Friday, August 24, 2007
Can you buy and sell oil futures or index similar to forex? -
I trade in the forex market. What I like about is I can buy and sell any currency; therefore I can make money in a bull or bear market. I would like to know if it is possible for me to buy and sell crude oil etc in a similar way? Yes you can. Spot gold, silver and oil trades are executed in much the same way as foreign currency pairs are traded over the FOREXYARD platform, with transactions being made against the dollar, and as with currencies. Visit the below site to to create an account with FOREXYARD and Learn Step-by-Step How To Make Money with it: http://online-fx-trading.net :) Yes, all you need is a futures account and about $6,000 margin to trade oil futures. You can also trade the currency futures in this same acct, rather than trading the spot. The spread is about the same, but the leverage of the currency futures isn t as versatile. The liquidity of the mini euro, for example, is not very good. I ve had some bad fills trading the spot market, 20 and 30 pips away from my stop market entry, and once 52 pips thru my stop trading the reports. That won t ever happen in the futures markets where the liquidity is excellent in the major currencies (except where noted). Try Dubai international market. they do have similar trade and much better option trade methods but you need to have $50,0000 to open an account. it s very active up to last minutes You can easily automate your process. You can make hundreds of dollars a day, and not have to worry about loosing money :) Check it out http://forexcrusher.info sure; if you have the cash. Remember though, the more you win [in the bull arena], the more everything around you will cost!!!
Any experienced forex traders want to start a yahoo ISM group? -
If you have over 1 yr experience in forex trading we are getting a group together .exchange ideas and resources . 5 heades are better than 1 i think . you can contact me on yahoo messenger watchdaride@yahoo.com I m only 1 month experiencing forex. I m using Automatic Forex Trading. With capital of $450 gaining $45 in 7 days with robot handling my trading. I do absolutely nothing as the robot will execute buy or sell it self 24 hours a day. The best of all the risk is only 2% to 17% to gain approximately 25 % per month. You can control the risk so the robot can calculate our risk. A beginner facing success!
Is Forex tading only the way to convert $1000 to $1Million ? Are there other avenues to make some quick bucks? -
Forex trading, unlike the stock market is extremely risky. They use rediculously high leverage like 100 to 1, so that if you invest $1,000, and buy $100,000 worth of a currency, and it drops by only 1%, you have lost all of your money. You lose you rmoney even if the currency goes back up 1 second later. Forex is one of the most misleading investments. Forex=Foreign exchange. A form of legalized gambling. The only way I ve found to reliably earn $1 million is to get a job paying $100,000 and stay for 10 years. I have seen many websites that claim you can make fantastic profits in Forex. My impression is that they are making ridiculous exaggerations. I have never seen one documented case of someone turning $1000 dollars into 1 million using Forex. Most people who do Forex trading LOSE money. If you don t believe me, do a web search on the words FOREX and LOSE. Pretty well every site admits that most people lose money. You can make money slowly with a diversified portfolio of stocks and bonds. Most people who try get-rich-quick schemes lose money. That includes Forex, daytrading, commodities and options. You can open an free Marketiva forex online trading account , 5 USD live fund and 10000 USD virtual fund already in your account.! Open an free account and get $5 reward! http://www-forex.spaces.live.com First of all the average person is not able to consistently make quot;quick bucksquot; and certainly not able to repeat the process turning $1000 into $1,000,000. Regardless of what you read the Forex market does not simply hand out money every day to anyone that happens to come along. To be successful in the Forex market takes knowledge, discipline and sound money management. Most people new to the Forex market simply quot;playquot; Forex the same as they would play roulette or craps and they lose their money even faster. Now let s say that you were a successful Forex investor and you could generate a return of 8% per month. To grow your $1K into $1M you would need to double your money 14 times. At 8% per month you would double your money every 9 months (Rule of 72). So it would take you 10.5 years to hit your goal. If you started with $10K it would still take you 7.5 years. This probably doesn t qualify as quot;quick bucksquot;. There are a couple of other things in your way....the first is taxes. Although you could perhaps defer your taxes by trading in an Individual Retirement Account. The second is your Forex expertise. Most new Forex traders are all starry eyed and thinking that they will make a huge killing over night. It just doesn t work that way. There are plenty of Forex investors that generate 8% per month but they have taken the time and discipline to learn what they are doing first. The bottom line is that Forex could offer an intelligent investor a decent return on their investment if they take a conservative long term investment approach and learn proper risk management techniques. Good luck.....I think you will need it. Paul I ve never heard of something crazy like this. Forex? if it s true then it must be very popular then how come I ve never heard of Forex trading? No, there are definitely other ways of converting $1000 into $1million. Try betting $1000 on the high roller s roulette table. Or the blackjack table. Or the craps table. Remember the casino will kick you out if you start to get lucky so you need to hit several casinos and win 100 hands in the row. FX is a zero sum game. Any kind of small move will wipe you out if you are leveraged too highly. You are gambling with FX if you think you can turn $1000 into $1Mil.
Which company has the best reputation for currency (FOREX) trading? -
I m interested in trading currencies with a FOREX account, but I ve also heard plenty of bad things about numerous companies. Does anyone know which company has the best reputation for FOREX trading? Wohoho, now you ll get the list - everyone will pull in its own direction... :) In reality, it is difficult to answer, since there is no such rating. If you look at Forex brokers reviews online, there is so much controversy in opinions and experiences, that you ll probably be lost. Use the common sense and own judgment. Of course, those companies that are obviously labeled online as scams should be avoided. For others, do a little of research: pay attention to the transparency of the company, by what authorities it is regulated, does it have sufficient information describing the smallest details about trading conditions, try their demo, try contacting them, see how well they respond. Do the same things as you would do when you choose a bank to deposit money. And finally, when you make a choice, don t put everything in. Try it first - deposit a small amount. Get experience. If you are satisfied, go on further. Through a simple google search you will find a lot of GREAT websites and a lot more BAD ones. There are more hype mongers in Forex than most any other industry that can cost you a lot of money. Here are some tips: 1) A good way to find out which are the good sites is to go to a Forex Traders forum and read the threads about different services. The most popular is probably forexfactory but there are many more. 2) Another way is to read through a variety of Forex review forums. However, take EVERYTHING you read with a grain of salt. Most review forums also own other websites and will have biases. Also, competitors will post bad threads about their competition. 3) The best way is to find a mentor. Someone who actually trades the market and has experience with the many sites out there. Good luck! One of the best is quot;Easy-Forexquot; but before I would look at any forex trading, I would download the free beginners guide at http://www.forexfromscratch.com It s a 5 step guide which shows you exactly how to start profiting from forex from scratch. It s a really good read - and it s free!
Anybody know of any company offering Rebates with Forex Trading? -
I ve been trading forex for a little over a year now and heard that there companies offering rebates on your trades. I m currently trading with FXLQ and they certainly never told me of any program like this. Any insight is greatly appreciated. I don t know FXLQ....... But you may want to check out this link; http://www.forexbastards.com/public/revi... There are companies that give rebates but in general they all have trading desks, have higher pip spreads amp; so your net is no gain............ i think you should try fxmalay.com its offer you o.5 pips per trade
Is etoro online forex trading real or is fraud? -
I want to deposit real money in an account given to me by etoro.I want to know if etoro is scam website or not? Danny B gave you a good advice. Besides that you can read review on that broker to know what traders have been experiencing with them. You can check for reviews on the following places: http://www.forexpeacearmy.com/public/rev... http://www.forextopten.com/forex-broker.... http://fx247.org/etoro-platfor... Welcome to eToro Platform: Before you get to trading with eToro, let’s get to know the eToro platform a little better. Report Abuse Hi, First of all, etoro is not a scam. I ve joined since last July and was impressed with it. The helpdesk was very helpful in setting my LIVE account. Just recently, they have further enhance their trading platform. It is a unique platform with good low and high (X400) spread! Give yourself a go! Report Abuse Hi, To further add my trust with eToro, withdrawing money was very smooth as well. Once I provided the documents required either fax or email for the first time, eToro will straight away email me on my appoval. The helpdesk is helpful as well as they keep track on the status. David Koo, Brunei Report Abuse hallo traders, e-toro is the ones of most forex platform which lead you into succses. which many feature and bonus inside their policy. Just sign in and you will be a part from the wold of forex. Report Abuse hallo traders, e-toro is the ones of most forex platform wich lead you into succes. which many feature and bonus inside their policy. just sign in and you will be a part from the wold of forex. simpy withdwaral, just fullfil the form and your profit automaticly into your bank. Report Abuse I would recommend contacting the NFA - the regulatory body in the US that oversees forex brokers. I looked them up on the NFA s website (http://www.nfa.futures.org/BasicNet/) but could not find them... if you want a forex trading site, here s one that s totally legitimate. it uses the latest highly sophisticated and advanced technologies in order to offer you up-to-the-second quotes. You may check your accounts and positions in real time, you may do so 24 hours a day, and make a deal based on real-time information. it even allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours!
Thursday, August 23, 2007
Anybody know about or heard of forex auto money?? sounds to good to be true? -
I just bumped into this website forexautomoney.com I dont know much about this kinda stuff but it sounds vary interesting and worth looking into to but also it sounds to good to be true what do you think?? This system is simple to use and profitable. With Forex Automoney, you can not get rich quick, but you can make a long term substantial income if you can use it properly. I have not seen anything posted on Rip-Off Report about it. Check out this review site which written by an an experienced Forex trader who has been trading the Forex market for over 25 years: http://Forex-Automoney-Review.com/ i did not find it very interesting. i liked finexo. The best things i like about Finexo is : 1. Leverage ratio: 1:200 which is quite manageable as high leverage will lead to greater pressure on traders. 2. Rolling charges are quite low compared to other platforms. Also they charge different rates depending on gaining or losing position which is good for traders. 3. Easy deposit and withdrawal facilities. 4. Great fund managers controlling my accounts very well, specially when i am out of trading for some days. 5. 24hr customer services available. can have live chats directly through Finexo sites. 6. Very educative forex videos especially o risk management. 7. at the last, Very well timed forex alerts and tips in order to derive profit through those news. there are some more features which are very well formed and helpful but the above are my favourite. I didn t like this system. i used it two months ago on demo. I recommend the new automated system , it s 2008 latest edition and most profitable automated system . Check it here : http://the-forex-tracer-review.blogspot.... If it is too good to be true, it is too good to be true.
Best time to trade the forex market by the hour? -
What is the average pips that u can make in each hour. i seeen it on the net. i just do not remember where. can some one help me ? Probably from 2AM - 11AM Eastern time. You hit the London busy hour and the NY busy hour. A lot of number releases such as the NFP fall within the time period too. Busy generally means tighter spreads, as opposed to Asian hours. Average pips depends on how you re trading. There s no fixed average. I would have to agree with arbitrage in her assessment, however a word to the wise, trading the EU session can be a better option as opposed to the US session as the latter can be quite volatile for someone new to the markets. Rgds KT Report Abuse asian market ussualy has the same curve over and over angain, but only 30 pips spread Report Abuse
How many days will it take to send balikbayan box from california to manila pahilippines thru forex shipping? -
I hope you learn to spell. If you mean Phillipines . Allow two or three months ,Call them to be sure
Could you teach me a manual forex trading systems that can work best on marketiva platform? -
I trade forex on marketiva platform, and I am looking for a good trading manual system I could use to get more pips trading on marketiva mini forex account First of all you must have good trading discipline. Without it you are destined to fail. And you re right you need a good trading plan. Many successful traders have a very basic signalling system and with forex you get trade it either by fundamentals or by technical. A Trading plan using fundamentals would be using news and economic releases. A trading plan using technicals would use a charts. Start of using EMA s. Try a MACD or RSI. But remember to keep it simple. You can try the strategies from the http://www.freeforexebook.org/ . They are pretty simple but work well. Take free courses: optionstradinglibrary.com incrediblecharts.com
Does anyone know of a good forex simulator, one that will speed up the learning process? -
Tired of the tedium of forex demo accounts. Need quicker way to reinforce pattern recogniztion skills. The only way to speed up recognition skills is by looking at tons and tons of charts. Look at all different time frames and examine them and look for trading ideas. The speed of the demo platform has nothing to do with how fast you will learn. Trading on the demo is way different then live trading. Start small. sncfx.com Report Abuse find the platform that works for you. use a demo account first. metatrader 4 is a great one. sncfx.com has it.
How do People become wealthy off FOREX? -
I understand traders use price differences to make profits but the difference in currency values is too small to make some one a millionaire.So how exactly does this work ? Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets. Here is a free site that shows what has happened after economic news releases: http://www.forexnewspatterns.com Hi, I agree with ajb. Always keep the fundamentals in mind when doing your forex trading. I found the free newsletter at http://www.forex-trader-basics.us to be very helpful with my forex analysis. Good luck to you! It is a form of investing with risk to make money it is best to have money to start off with.
Is investing in the forex currency marketplace very safe? -
? All investing comes down to risk assessment. The real problem for most new currency traders is they use all of their leverage and then take unreasonable risks. They hear that you can make $1500 per contract if the Eur/Usd just goes up just 1.5 pennies (150 pips) and then over leverage to try to catch that trade. The leverage is a double edged sword. That $1500 can also be in losses. If one is using 100:1 leverage and they have say a $10,000 currency balance, each trade should be built around a small amount at risk such as 1 or 2 % ($100-200 maximum risked per trade). To do this you would start with mini contracts (1/10 of a full size account) and place a stop that matched a technical level and buy contract(s) that made the entire dollar amount at risk match the 1 or 2%. New traders often will use the leverage and risk as high as 25% on one trade, it doesn t matter if you are trading stocks, options, futures, forex, any other investment instrument, this is too much risk. In my personal opinion it is the misunderstanding of the forex market, lack of discipline, lack of money management, and over leverage that causes investors to take large losses in the forex market. Take in to consideration macro economics and news in the market, interest rate differentials, technical level, and again good risk to reward and money management, and you can trade the forex market successfully. It is not the market that creates excessive risk it is the trader. I think that any investment based purely on supply/demand (energy, commodities, metals, currencies) is very risky. Even though there is supply/demand associated with the stock market, there is an intrinsic value that the stocks will eventually follow (earnings). It is pretty safe about as safe as betting on 00 at the roulette wheel. No wait the roulette wheel has better odds. in other words NO! The technology and forex companies today are very sophisticated and well organized. Do your due dilligence. HOWEVER, though we can trust the companies can we trust our money managing skills and our capability to trade professionally ? check out these few resources @ http://www.geocities.com/lcming/Forexboo... What is dangerous about Forex, is that it is the most highly leveraged derivative in the market, at up to 200:1 leverage. But if you put $100,000 into your trading account,and just trade one standard contract, it is no more risky than stocks. Or you can deposit $10,000 and trade one mini contract and trade with zero leverage. If you are really concerned about quot;safe,quot; you should probably stick to bonds and money market instruments. No. Currencies rise and fall at unpredictable rates every day. Even stocks are a more predictable investment than the currency market. Unless you are prepared to do it for a living, and you can invest money you don t need, it s best to leave currency trading to the professionals. There are some useful tips here.
Is it possible to trade Mexican Pesos - USD currency pairs in the Forex? How many pips between bid and ask? -
The active verb in your question is quot;trade.quot; Any trader will tell you that you cannot succeed with any trading vehicle, whether gold, stock, oil, or currency, unless you have good volume, liquidity, and decent spreads. You are lacking in all three on the Peso. If you want to invest in this currency and hold it for awhile, that s possible through Forex. But if you want to quot;trade,quot; choose from among the six major currency pairs, and the eight cross pairs. I am a forex trader ive been trading for 15 years ive yet to see forex brokers the only thing i have seen is the futures market which ive traded.If you want to make money trading currency im rarely wrong its a daytrading system thats taken me years to develop.Im the only advisor that tells you which way the market will go beforehand .Go to my site www.moneyinthebank. after moneyinthebank enter .net the computer wouldnt allow me to put in the whole web address.My clients are making fortunes any questions e-mail me at garyfortune500@yahoo.com There is only one more day after tonight i am giving free predictions to get more clients. Not sure..You can learn more about forex trading for free at - www.dailyfx.com http://the-forex-trading.blogspot.com www.gftforex.com Yes, that s possible. The price range at this moment (7.53.26 AM in Holland / CET) is 11.0330-11.0530. That directly answers the pips part of your question :) For your added question: That s probably the notes you would buy than. Different prices for exchange of notes. Would have to check in to that for you if you need more info.
Wednesday, August 22, 2007
How we can benifit from forex? -
I am going to invest amp; need your valuable suggestions. you can check your options in this site. enables forex trading anywhere in the world where internet connection is available; offers background information for the Forex market, Guided-Tour, seminars, one-on-one training, CHAT, telephone support, as well as other assistance tools, including technical support; enables users to start trading immediately and with no software required to download you may login to your account and trade anytime, from anywhere; allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours; And If you are a frequent trader dealing in larger volumes, they offer tailor-made account to suit your exact needs (spreads, leverage ratio, mobile-phone alerts, etc.); also uses the latest highly sophisticated and advanced technologies in order to offer you up-to-the-second quotes. one unique feature of this site is whether you are a beginner or an experienced trader, for a minimum deposit of $100 which will also form part of your initial capital, they will provide an Account Service Manager (ASM) to be your personal consultant who will serve as your mentor and trading partner, will answer all your technical questions and with whom you can talk live over the phone, email, chat or any form of communication available. your ASM will even trade along with you so that you will get to familiar yourself about how the real trade is done and give you the tips and tricks you need to know and do to achieve a profitable forex dealing. You need to learn how this market works, because this is a difficult market. Avoid Scams, especially Forex brokers Scams. Start by trading on a demo account until you re making good profits. This way you learn how to trade without risking any money. you can earn by investing in forex by hedge fund what is hedging ...hedging is making profit from buying a foreign currency at low price and selling it when the exchange price is high. For example: In march 2008 Mr. X buys 200 USD at rale of Indian Rupees 40 per USD and In May 2008. Mr X sells 200 USD at Indian Rupees 43 per USD so buying cost = Indian Rupees 8000 Selling Cost = Indian Rupees 8600 Net Profit = 8600 - 8000 = Indian Rupees 600 So Mr X made profit of Rs. 600 in 3 months on 8000 Investment in Forex. Chitra www.akashganga.org/india/ebusiness The Forex (currency exchange trading) industry is the biggest market on earth today, with a daily turnover of 3 trillion dollars! Anyone today can trade Forex online. I found this site is easy and right direction to start trading. Educate yourself. buy a book or two on Forex, open a Demo account online where you can practice. Look for a site that has a good education center. Look for people in your community who trade online. Discipline and Patience. Crawl, Walk, Run. Sen. Clay Davis - The Wire you can find more articles in the following blog http://g3infotech.com/category/currency-... Good luck u can try this in the demo account . and u can trade oil ,gold, NASDAQ 100, DJ 30 , and many more .Forex trading . http://www.avafx.com/?tag=7777 buying ans selling devises This one review site has all the answers you need. It s way too much to type here. Good luck! http://johnmorrisonsystem.wordpress.com
I have about pound;1000, I want to invest in forex or the stock market, is there anyone who can give good advice? -
Possibly someone who makes good money from this kind of thing, could you please explain how, would be great thanks I hope, you ve done the home work - traded demo account for some time and developed a solid trading plan/strategy. Without these two components you ll be not investing, but rather gambling; and sure way you ll lose those £1000 in no time. If home work is done, then it is like choosing a bank you want to keep your capital in - do a research on brokers. If not, hold the money for now and instead: 1. Open an online demo account with any broker. 2. Trade demo money and develop a trading system, make sure it is profitable over a decent period of time 3. Write everything down and then consider giving it a first shot with real money. Some last advice: be prepared to the fact that you can lose all your money with your first real account. So, for the beginning I d recommend split those £1000 into two equal parts and invest one part first. If you prove that you can manage and earn money, then you may add the second half to it. Good luck! Try it, but be smart! if you ever want to invest in forex, don t ever jump without proper education. get professional help. check out this site. by opening an account with them- mini, gold, platinum or vip, they will provide you a personal Account Service Manager (ASM) to be your consultant, mentor and trading partner and with whom you can talk live via phone, email or chat. it is in this one-on-one mentoring that you will get to know forex in detail. utilize your ASM to learn as much as you could. all the best. you need to prove your a good investor first before you lost all your money. open your account first: http://investment-blog.net/where-and-how... and hold you money for about one month as you observe the market. or the stocks movement. try to accumlate as many good stocks as possible http://investment-blog.net/buffett-dont-... and good luck I don t dabble myself, but my ex does. His theory these days is that you have to stick with necessities and be prepared to ride out the storm until things get better...in other words, don t count on making your fortune overnight. His necessities include shares in pharmaceuticals, and food/nutrition sources. People won t necessarily buy homes in a down turn, clothing, cars, take out food, extras, etc...but they will keep up with their basic groceries and keep their families fed, and they will keep up with their blood pressure meds, heart meds, etc. Can t live without food or medication, so they are a guaranteed sale even in the worst economy. I don t know much about the forex. I know he s tinkered there too, but hasn t talked much about it. Good Luck! I d stick to the stock market. Forex is pure speculation, the same as buying coffe futures, or something. Better odds than Monte Carlo, but less satisfying. Find a low cost onling broker. TD Ameritrade is a good place to start in the U.S., but I am not sure which broker might be good in the U.K. I pay $10 U.s. per trade. With the ammount you are looking to invest, I d buy an exchange-traded fund (ETF). Do some research on Yahoo Finance. Buy one that tracks the FTSE or an international index denominated in British pounds. find out where your old boss (the duke s) is going to get the orange crop report, steal it, and give them a fake one. Then sell while they buy, and they will be BROKE, and you will be rich! oh wait... wasn t that a movie... crap. There s a free beginners guide you can download at http://www.forexfromscratch.com - that shows you the 5 steps you need to take in order to start profiting from forex. It s a great read and it s free. this group is advice properly for stocts and all market so, Just check it live calls and more http://groups.yahoo.com/group/intradayca... Put it under your mattress for at least 3 months. Then come ask again.
Tuesday, August 21, 2007
What does it take to invest in Forex? -
They warn that it is not suitable for all investors and it involves huge risks. Heck if I love the stock market, why wouldn t I go for forex? Why is it said to be so risky? Trading (or investing) in the Forex market does involve risk. As a matter of fact, the higher a markets potential for return the greater the amount of risk involved. I am sure that you know that from your stock trading experience. Taking a flier on a penny stock involves much greater risk than investing in GE. That being said, an intelligent investor like yourself would undoubtedly study the market before jumping in with both feet. I am sure that you would identify the various elements of risk and analyze methods and strategies to mitigate as much risk as you possibly could. The greatest element of risk in the Forex market is ignorance. People that do not have good money management skills, sound levels of self discipline and solid appreciation for the idiosyncracies of the marketplace have no business putting their money at risk...unless they have accepted the high likelihood of losing it all. There are a variety of conservative strategies that can be deployed in the Forex market that do not involve gambling and blindly opening positions. One of the strategies that I would suggest that you look at involves investing with hedged positions so that if one side of your position were to decrease in value you could be hedged with a corresponding position that would be increasing in value. It is unfortunate that so many people do not take the time to learn or get assistance before participating in the Forex market. Personally, I enjoy investing in the market quite a bit and the return is certainly greater than I have gotten anywhere else. Good luck. Paul Trading leveraged futures and forex is NOT investing. Try holding a position at 100:1 leverage, and you will immediately see the consequences. Trading stock at 2:1 leverage is considered risky. Until you investigate thoroughly, don t even think about 200:1 leverage in the forex. Geez, how much trouble can we get into now? These markets are driven around economic releases. The banks run this business, and have disallowed trading the news releases by running the stops in both directions. So you have to wait five minutes for the dust to settle, then decide what to do. In between these times, price will often do nothing, or trend one way, and squirt the other by 30-40 pips. In the stock market, they know exactly how much to retrace a move to get the little guy out; usually 20-30 pts on the Dow will do it, and 40-50 will sweep the floor. But in the Forex, there is no limit to a false move. What does it take? Deep pockets, lots of knowledge and balls of steel. no
How does the Producer Price Index affect the Forex Market? -
Although it seems there is a relationship between Producer Price Index (PPI) and Foreign Exchange Market, I don t know how exactly announcing PPI changes the market. Any suggestion? PPI, CPI, NFP all impact the Forex market based on whether or not the monthly results are in line with expectations. If the PPI is unexpectedly high that would have a negative impact on the USD. If PPI comes in well under the expectations than this would bode well for the USD and you would see currency pairs like the USD/CHF and USD/JPY appreciate in price. All you need to do is have someone on the inside leak to you what the results will be before they are released and you will be rich. Otherwise you just have to guess like everyone else. Paul
What is the best indicator to use for share / forex trading? -
I want to find out other ppls methods to find entry and exit trigger points. we use several indicators for trading. One profile using bollinger bands, another for 8/50EMA. mainly we use bollinger bands as this shows a lot of information about what is happening in the market at a glance. Have a nice day! Jim http://jsforex.blogspot.com You can use my free trend indicators across multiple timeframes, they install on metatrader or any good charting package. http://www.forexearlywarning.com/charts.... http://www.flickr.com/photos/24224310%40... Set price alarms as shown in the screenshots to monitor the pair of interest at critical support or resistance. At the point of entry monitor this indicator for a go/no-go decision using the market monitor heatmap http://www.theforexheatmap.com/ Good Trading Mark Mc Donnell http://www.forexearlywarning.com/ These people are just trying to sell you stuff; a decent indicator service costs upwards of $100 a month, not worth it in my opinion. Rather than that just buy a trading system. What you do (and what I did) is make sure the trading system has a 60 day money back guarantee first; then make sure you can use a demo account. Use the demo account for 59 days and if you see you can make profit you keep the system and invest your real cash. If there s no profit to be made you get a refund; there s literally no risk when buying one. If you re interested I found reviews of the top 3 Forex trading systems: http://forex-tracer.the-perfect-solution... Each currency pair requires different technical tools. Moving averages are common. MACD has stopped working, Fibonacci never did (as far as I m concerned). Stochastic appears to be the tool of the moment... but the details will depend on which currency. This quot;INVESTMENT GUIDEquot; is more helpful for you to make your money to make money for you,without taking any risk. To gain more information ABOUT SHARE/FOREX TRADING,just gothrough the site http://www.savings4future.com ......... GOOD LUCK Just use Etoro, its always been the best and still is the best. I wouldnt trust any of the new ones. http://www.etoro.com/B32_A4731_TClick.as... I use support and resistance or pivots points.I would also stay with the trend fighting the trend can cost you money in the long run. Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets. Here is a free site that shows what has happened after economic news releases: http://www.forexnewspatterns.com Use this: http://technicalanalysisforex.com/ It s the best available!
What will happen to the Forex market if things keep going down hill? -
No one ever seems to talk about the Forex market. Actually the US dollar has been doing well during the recent crisis. Since this is a global financial event, foreigners think the dollar is safer than a lot of their home currencies. In the Forex market, you re always comparing one currency to another- it s not like the DOW that either goes up or down. So if the dollar goes up versus the Euro, one is going up while the other is going down. They don t like to talk about the Forex because the PTB (Powers That Be) would prefer that you invest your money here in the US of A. If you buy Euros or British Pounds or whatever, you re investing overseas. No ways... I am talking about Forex alot as i think in this economy where major countries are facing recession, currency market is best to trade in. This is a independent market which as retrospective effect as if one currency goes down the other rises, therefore this is a great market to invest now. Regards
How to find a decent forex broker? -
After my course and demos, it s time to get started. What should I do and how to look for a decent forex broker? thanks The best thing you can do is to read reviews on it. You can start on http://www.forextopten.com/forex-broker.... . You should try the site of daily forex, they have forex broker reviews that copare between several forex brokers.In the middle of dailyforex.com you can see the iforex broker. they give you a pta system that enables you trading at your first time without loosing money. This is a new trend in the forex market to attract traders to the market I had the same issue not too long ago. I was in the book store and saw this book, chapter 5 has a section on selecting a broker and I used it to help me. The author talks about finding a broker that is a member of something. Sorry I can t remember what, you are dealing with a real firm when you do that. You don t want some little firm that is trading against you because it behooves them to give you bad execution as they want more than just your commission. They want you to open a $100 account and they will pretend to let you trade all the while just waiting for you to blow up your account to keep the $100. It wouldn t surprise me if some if them did that. http://www.amazon.com/Getting-Started-Cu... I chose GFT forex after reading it and trying their demo. One of the things I hate about most brokers is the request a bid process takes FOREVER. I could have gotten in and out of a stock trade using a simple ameritade account in the time it takes the darn thing to respond. GFT has a direct deal option that puts the order in and goes with it up to 2 pips slippage (or you can set it differently) or it comes back with a bid ready to click accept to buy sell or pass if it slipped more. So you will never take longer than 5 seconds to get in mostly more like 1. This is even true right as the non-farm payroll numbers come out. Some of these other jokers take 30 seconds to come back with a price during slow activity, I can t imagine what they would do during non-farm payroll announcement. I am not really trying to push GFT I just wanted to share my big issue with some of the other guys. Make sure you are happy with the execution speed is my point. Maybe I should have just said that... Good Luck you can check your options in this site. they will provide you a personal Account Service Manager to be with you in your first trading activities until you become familiar with their system. for a mini deposit of $100 you can start trading immediately without downloading any software. you can even use your credit card to fund your deposit so you can trade anytime, anyday even if banks are closed. they can also set your Take Profit and Stop Loss rates and most of the transactions are without hidden costs. check it out to see for yourself all the other features of this site that s designed to protect your interests as a trader. If you want to get started forex trading then I recommend these guys: http://tinyurl.com/39696u Why? Instant Deposit with Credit Card Start Trading in Minutes Fixed Spreads in All Markets, All the Time Continuous Quoting, with No Price Freezes Executable Quotes - Click on Any Bid or Offer No Slippage on Market, Limit, and Stop Orders* Negative Balance Protection - No Debits Unparalleled 24-hour Trader Support But - check them out for yourself!
Anyone know about forex trading is it good or bad or is trading on wall street better? -
im going to learn one or the other anyone doing either i need some feed back Find out for yourself. Open a demo trading account for both forex trading and equities trading. At the end of three months, you will have your answer. I manage funds for trading since 1997. IMO, trading forex is no different from trading stocks. Only difference for me is that I am watching less fundamentals in forex trading, mostly economic indicators. With stock trading, aside from economic indicators, i also have to watch out for each company s fundamentals. Find what works well for you. Hope this helps. Jim http://jsforex.blogspot.com Forex Trading is more difficult but more profitable if you learn how to trade it. You can start by learning Forex and Stocks on different websites, and paper trade for a while so that you know which market is best for your needs. Hello, In order to profit from the forex market, you will need strategies and also the will to change these strategies. Traders who lack a well thought out trading plan are prone to panic and confusion, when unexpected swings in the forex market occur. Many traders will tell you that trade driven by emotion is the fastest way to deplete your funds. Whether or not you are using a technical or fundamental style, it is still essential that you have a proper view of the market. Developing your own trading style is a time consuming process and is often acquired through trail and error. Successful traders often have a unique style of trading and take up various strategies during a trading session. Only continuous practice will help you gain a feel for the movements of the forex market. The beginners can take the help of some forex expert or forex mentor who can guide you in your plans and help you to enter better trades. I can suggest you one FINEXO (link i am providing for referral) which i am using last so many years and is quite satisfied with. But my friend the key in Forex is YOU and YOUR TIMINGS. Very educative Blog: http://forextradingguru.blogspot.com/ forex trading is a lot risky but given the right training, it is a lot profitable to trade with. should you wish to engage in trading forex, you cna check on this site. offers background information for the Forex market, Guided-Tour, seminars, one-on-one training, CHAT, telephone support, as well as other assistance tools, including technical support. enables users to start trading immediately and with no software required to download you may login to your account and trade anytime, from anywhere. allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours. And If you are a frequent trader dealing in larger volumes, they offer tailor-made account to suit your exact needs (spreads, leverage ratio, mobile-phone alerts, etc.). uses the latest highly sophisticated and advanced technologies in order to offer you up-to-the-second quotes. one unique feature of this site is whether you are a beginner or an experienced trader, they will provide an Account Service Manager (ASM) to be your personal consultant who will serve as your mentor and trading partner and with whom you can talk live via phone, email or chat to ask or discuss anything you want to know about forex. your ASM will even trade with you to make sure you get familiar with their No Software Download system. although forex trading is risky but much profitable , and these days there are some automated systems which made by forex pros which use advanced mathematical algorithms . these systems do all the work for you. these cost range from $20 to $30.000 but i recommend quot;forex tracer systemquot; cost $399 (but these days has special offer of $97 ) it s suitable for us and don t cost much . You can try it on demo, if satisfied as me go for live trading, if not get your money back as it has 60 day money back guarantee . you can check more details at website: http://www.ForexTracers.com Forex Trading is risky. At any given minute, the market can sway one way or another. At big Interest Rate moments, you could get huge moves in the currency. Overall, its pure risk because its a pure free market. Start with stocks since they are simpler to learn and then if you want move to FX. Once you learn one market you will pick up others easily. But stocks are easier. Forex can be beaten with the right software as opposed to Wall Street.
Monday, August 20, 2007
Where can i find real Forex Tracer reviews? -
I am looking for Forex Tracer Reviews from real people who bought this software and used it, not only the ones who are from the sellers and marketers of the Forex Tracer Automated Forex Trading Software. There s a review made up totally of customer comments here: http://www.fxsystemscompared.com/rev_for... Yeah, that s true. I was also looking for original and true reviews of Forex Tracer, but mostly are always the same scam and review of the sellers themselves. There are some reviews I found on blogs and money forums but unfortunately I forgot the exact link. Maybe in the search engines, but the search engines are also full of Forex Tracer Scam of the Resellers. Try the following one maybe you find something there. Tom, I m going to be upfront with you. Every link shown so far is from marketers. I am also a Forex Tracer marketer. I have used the software myself, and reviewed it on my site. I guarantee you it will almost be impossible to find a quot;real humanquot; review of it that isn t made by one of these marketers. But on the plus side, if you don t like the software you have sixty days to return it. It s a simple automated online process. I had someone get a refund the other day, I didn t even hear about it until yesterday, and he had bought the product a month ago. No questions asked. No hassle at all. I d appreciate you buying through my link if your going to take the plunge. I hope you can see I m being completely transparent with you. The only way is to use a wesite that allows you to submit your opinion on the system as well. I ve used several websites like this, but have found only 1 reliable, which is Forex top ten. I found this review site: http://www.allcbreviews.com/finance/auto... Looks like they did research on several trading software programs. Regards, B I would go with something else. I don t like the way Forex Tracer trades, its way too risky with the system it uses. There are better autopilots out there. Check out what I mean and read some peoples reviews over at...
How much volume moves the forex market 1 pip? -
Does anyone know in order to move the forex market 1 pip, (say on EURUSD with a retail broker), how much volume would need to go in at a specific price point? To contrast with the stock market, if we look at a thinly traded stock, buying a few hundred shares may be enough to move the stock up a penny. How does it work with forex? There is so much volume traded intra-daily on the Forex Market that no 1 person can move the market...even a pip. Banks controlling hundreds of millions might have a better chance...definitely not the average trader. Might have trade penny stocks if you re looking to make the market... Something worth looking at...FxRebates (www.FxRebates.com). They offer rebates on your trades paid monthly and they re partnered with about 10 brokers now. Best of luck to you..
What does the word amp;#39;pipamp;#39; in Forex Trade, mean? -
A pip is the smallest price increment in forex trading - pip stands for percentage in point. Prices are quoted to the fourth decimal point in the forex market - for example EUR/USD might be bid at 1.1914 and offered at 1.1917. In this example we can see that the spread is 3 pips wide. The Japanese Yen (JPY) is an exception - it is quoted only to the second decimal point. PIP -- price interest point -- one hundredth of a cent.
What would be your candid advise on forex trading? -
Sir, What would be your advise on forex trading.Does it really worth it. Forex trading has potential for high profits and high losses. Forex primarily needs a great deal of knowledge and specialization to do it profitably. Many quot;GURU squot; like to bang the drum about how much money you can make, but most people lose money at FOREX, because it is a situation where you make profits based on your decisions, and unless you are right in the immediate market, you are making decisions based on partial information. Those who have the best information make the most money. If you are 60 seconds late, you may miss out and lose money. Some people thrive in such a situation. Most do not. You can open an free Marketiva forex online trading account , 5 USD live fund and 10000 USD virtual fund already in your account.! Open an free account and get $5 reward! http://www-forex.spaces.live.com If you are a small fry, stay away. Period. Forex trading is like any other commodity - pork bellies, sugar, corn, wheat, beef carcasses, just it is commodities on speed. What you don t have is the luxury of time to go back and forth in your decision process. You ask for a market - get one - buy or sell- and you are out on a limb for up to 99% margin. Time ? maybe 60 seconds to be on the hook for 100 times your available cash. You should run the practice accounts that the forex dealers give you and see how you do. If you lose you should seriously reconsider. Study - analyze your mistakes - ask for a second run at the free account. Forex is not for the faint-hearted.
What is the lowest leverage for mini forex account? -
i plan to open a mini account with USD 800. i plan to gain 15 pips in a day but i don t want to use a very high leverage due to its high risk. what is the lowest leverage offered in mini account? from which broker? The lowest leverage that you can use in any Forex account is 1:1, although I don t know why anyone would do that. One of the main advantages of participating in the Forex marketplace is the ability to leverage your money. There are other techniques to address risks associated with the Forex market without compromising the power of leverage. Drop me an email and I will send you some info that you might find useful. Paul pupp50@yahoo.com Basic leverage for a Mini forex trade is USD$10,000. This is the amount stated by IP Index and Gsi. You can find both on the web.
Can you really make 1000 dollars a day with forex trading? -
Yes, you can make 1000 dollars a day with forex trading. However, Forex Trading involves substantial risk of loss, and may not be suitable for everyone. Learn Step-by-Step How To Make Money with Forex Trading: http://online-fx-trading.net/what-is-for... :) Yes, you can make money with Forex. Luckily there are automated Forex trading software available. You want to start with one, that allows demo account and have a money back guarantee. There is a good review on automated Forex trading software at http://retirerichguide.com/Forex.html Good luck With the right level of knowledge it is possible. Also it does take time and patience and it s likely you ll lose some money initially at the start but it s a necessary step to gaining experience with trading on the forex market If you have a good knowledge and experience on this market, you can make $1000 a day, specially if you re trading on a large account. You need to educate yourself you expect to make this kind of market, and practice on a demo account until you re making good money. Yes, all you need is the right forex robot or software. I make over 1,000 dollars a day trading forex. Some days I do loose money but 19 out of 20 days I make at least 500 dollars. Its all on autopilot also. This means all you need to do is fund the account and the software just does all the profit. I only use 2 robots, both can be found on the website: http://www.forextradingreview.info Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets. Here is a free site that shows what has happened after economic news releases: http://www.forexnewspatterns.com You have to be persistent in your efforts. Nothing like trying to pump up a USELESS piece of software. People, save your money!!! How many times is this guy going to post this? you could also lose 1000 dollars a day.
How many pips should I aim for when learning to trade Forex? -
Whats a decent number of pips to earn on a trade? I ve generally been pulling the plug at 15 which is around 10% of my $250 mini account. What s a respectable pip haul for a single trade? I have the self control to not get greedy, but I don t know where the line is. I also realize I could do a trailing stop, but I feel more comfortable locking in my profit when I have it. I like the strategy of having a MAP (Minimum Acceptable Profit) objective of 15 pips. You might try a slight modification of this by trading an even number of lots and sell half the lots when you hit your MAP of 15 pips and let the other half ride with a fairly tight trailing stop. This way if you are in an upturn you can go along for the ride knowing that you are already in profit. I used to use a similar strategy for about 3 years when I was a technical trader. It was actually quite successful but I found myself spending quite a few hours glued to the computer. For the past 6 months I have been enjoying the simplicity and profitability of conservative hedge trading strategies. If you send me an email I can send you an analysis and you can compare the two trading techniques. Keep up the good work. Paul I think it will really depend on your own observations (i.e. what is the usual size of an up or down swing in your trading time frame). I am of the opinion that consistency is more important than the size of the profit. -http://smokingflax.blogspot.com-
Sunday, August 19, 2007
What is the best base currency to invest in at a forex broker besides the US$ and the EURO? An alternative? -
I focus on the USD/CHF, GBP/USD and the EUR/USD. They are the most popular and have the greatest liquidity and are less volatile thatn some of the more exotic currency pairs. Paul
I live in Canada, I need to know about Tax Rules concerning Forex Trading.? -
I have recently become unemployed and I am receiving unemployment insurance. I want to trade the forex market, but I am worried that it may fall into business income. Could this disqualify me from unemployment benefits? It probably doesn t disqualify you from EI, provided you re still looking for work actively. EI will expect you to provide evidence you are seeking work. I hope you have some experience in trading Forex. It is a VERY dangerous pastime. You can easily loose far more than your original investment. Unless you have significant cash reserves, it s almost certain you ll end up losing it all, as margin calls will shake you out of the market. I d urge a LOT of research before you even consider putting a dime into a Forex account. check these amazing sites, they are the best, read carefully: http://www.online-ebook-download.com/aut... http://www.online-ebook-download.com/for... http://www.online-ebook-download.com/bes... here are the best forex platforms: http://www.online-ebook-download.com/onl... http://www.online-ebook-download.com/eto...
What are your methods for capital preservation in forex trading ? -
http://capitalpreservation.info/ To make profits without losing your capital from Forex Trades is something I thought is not possible. But my forex trader friends who are professionals tell me that capital preservation is possible. in fact, money and risk management is important to survive long term in forex trading. I looked at the site above and the Lethal Forex System looks good. Basically its all about what your willing to risk. Traders go through their whole trading existence not knowing how much to risk. Its true when you here risk big, win big, risk small, win small. Finding that mid point is whats important that comes from mainly your own mentality. Carefully structured money management prevails most forex traders. For eg. having a system that has a 40% win rate and 60% lose rate but still gaining on the equity curve. How is this? Well if you think about it, its having a greater balance on your winning trades than your losing. Hardest part and most dont realize at first is seeing your strategy losing most the time so its harder for the trader to visualize that he will come out on top Very Nice question!!!! This will help many traders to learn new skills and will broaden their trading perspective. For investors using the capital preservation is a strategy to achieve their goal, they must ensure their portfolio is producing a return that is at least equal to inflation. The techniques i use to preserve my capital is: 1. I usually make use of limit order, stop loss etc to book my profit. 2. The thing i dont forget is quot;If you lose 50% of your capital, you have to make a 100% profit just to recoup all your losses.quot; 3. Limit my risk exposure to only trades that are very likely to go my way. 4. Above all my dealer http://www.finexo.com/ always alert me about my pair currency going down so that i can squareup my position soon. Basically capital preservations in any market consists of a few things. First, you have to watch your leverage limits to make sure you have a comfortable buffer at all times. Second, Obey you stop out limits, that is very difficult for most beginning traders to do and they let losers ride. Those two things alone are enough to trade well. Later on you can use things like hedges (like buying positions that will go up if yours go down) to protect yourself. Or you can buy options as a form of insurance if your investments fail.
What are the advantages of trading in ForEX rather than stocks? -
sisyphus, the following are some of the reasons i could share with you why trading forex is advantageous compared to stocks; *forex is traded 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT) *liquidity - there are always buyers and sellers to trade with *forex is often traded without commissions which makes it very attractive as an investment opportunity for investors who want to deal on a frequent basis. *leveraging - with a minimum account of USD 10,000, for example, you can trade up to USD 500,000. *profit potential- there are always trading opportunities, whether a currency is strengthening or weakening in relation to another currency. for more info, you may check this site and register to download a Free Forex Ebook and a Free $50k Practice account as well. all the best. Its just a different security. It has to do with what you like to do, and how much you know about each of them. Many of the big time investors used to deal more with stocks, so it was easier to get into the forex market to make money (as you weren t competing against other top investors), but with the stock market the way it is right now, that is starting to change. The leverage and the liquidity. Besides this the Forex market is open 24 hours a day. There are also disadvantages in Forex, so why don t you trade both? the major advantage is the time. If you are planning on getting into generating a forex income part time, it affords you to test the waters after your work hours and on week ends.
Saturday, August 18, 2007
Anyone know some Asia Pacfic sites for trading options on forex? -
Looking for forex options site. Check out these sites: Free Advertise ,Forex investment ,Free Forex Practice account too . Earn Money in Forex Trading , Best of all Forex investment only 1 pip ( lower spreads ) Account Sizes: Mini Accounts / or Deposit : $250 - $5,000 Contract Sizes: Mini Accounts: 1k (micro), 10k (mini), 100k (standard) Free Practice Account too. Swap Schedule: Mini Accounts are swap-free. Leverage/Margin: Up to 500:1 on Mini Accounts Interest on Unused Margin: 2% annually. Trailing stops are designed to lock in profit levels. you may also have a look at this site.
Is there a system for me to trade forex in which I can preserve my capital ? -
Recently I got a system that concentrates on capital preservation for forex trading. This forex trading course is not technical and difficult to use but basically a set of rules for you to follow which makes a lot of sense to me. I have purchased a number of forex trading ebooks in the past. Some are almost useless and some are too complicated to be use.. So far, I have paper traded for 2 weeks and I m quite happy with the system. The best part is the capital preservation which I think is very important in Forex Trading. . Go here for useful link http://nuurl.us/f5ea6
Forex: do you know of any financial institution/ company that would be willing to hire a sales person, and...? -
... also pay for a reputable, in-class forex training course? In fact, I am very much open to re-imbursing the company the fee for the course over an agreed upon period of time as a percentage taken off of future paycheques. As for my sales skills, experience, intelligence, and other job related abilities; they are outstanding as far as that goes. So, can anybody give me any leads? hmmm, you can try Saxo Bank.
How do you know where to put Fibonacci lines on a FOREX graph -
I understand the concept sort of... But not really getting where to put the line Fibonacci retracements are commonly drawn from the beginning of Wave 1 to the top of Wave 3 to find a target to the Wave 4 retracehment. Spirals appear in seashells, pine cones , animal horns and patterns of plant growth. They also appear in non-living natural objects such as galaxies and in non-living natural processes such as hurricanes or ocean waves (see figure 30, the pattern which connects). Virtuous, the Roman architect and author of De Architecture, said, quot;Nature has designed the Human body so that its members are duly proportioned to the frame as a whole.quot; Studies show the proportions of phi are found in man. The average height for the navel of a man is .618 of the total body height (figure 31 quot;human bodyquot;). The same proportion is found between the bones of the human hand (figure 32 quot;the human handquot;). The human body, including the head, has a Fibonacci five appendages attached to the torso. The hands and feet each have five fingers or toes. Our senses also number five, sight, smell, taste, touch and hearing. The Fibonacci sequence has been found in the solar system. Planets with more than one moon have a Fibonacci correlation in the distance from the moons to the planet. A similar Fibonacci relationship holds true for the distance of the planets to the sun. Can t say fibs are useless, but I ve been trading for 2 years, and the only thing you need to know is that there s been a strong pullback. No need to fib that. Forex trading-http://tradingsforex.info/
How do Forex trading websites make their money if they don#039;t take commission? -
To know more about Forex Trading please feel free to visit http://learnmoreon.com/forextrading legitimate ways: spreads semi legitimate ways: running stops bucketing orders illegal ways: delayed price quoting stealing They are dealers, not brokers. This means that they are taking the other side of the trade. They make money because they don t have the same prices on the bid and offer sides. They might offer a currency at xxx55 and bid for it at xxx52. So, all the customers who are buying FROM them are paying 3 PIPs more than the customers who are selling TO them are getting. The prices are set to attract equal numbers of buyers and sellers, so the dealer is in a neutral position and and makes a small amount on each trade, which adds up on high volume. If they get it wrong, they can initiate a deal with a bank to get them back to neutral. That s why the prices change so much. The dealer is adjusting to attract more interest on one side or the other to stay neutral. They make money through quot;Spreadsquot; , that is their commission. It is the difference between the Buy and the Sell price. http://forexpinoy.blogspot.com/ You might find your answer here: http://forex.lem4.com Good luck! Although you didn t ask, I ll tell you anyway: it s better to trade foreign currencies through a commodities broker that DOES charge a commission and offers you a bid/ask arrangement across the board in whatever vehicle you trade. Foreign currencies are no different from soybeans or emini s. Ever wonder why you re asking the question? Promotion. Forex is heavily promoted. You probably get tons of junk in your snailmail pushing the products. But you don t have to buy a product just because there are so many sellers out there. they get paid for passing the orders through to bigger brokers or order flows
Friday, August 17, 2007
Forex trading: Which one should I invest in? -
I have a Forex trading project. And yes I lost a lot of money, so I need suggestions, which one should I invest in? The project is due in mid December. Thank you Buy AUD. It s undervalued and for the past 2 weeks it s been fluctuating betweeen a few percent each time (eg. AUD/SGD has gone between .96-1.0 about every 2 days. Buy around .97 and sell at 1.0: if it s $100,000 you re making 3% at least every 2 days. AUD s been fluctuating in the same direction as the world s stocks, so if you see the markets rally after this weekend s G20 meeting you ll see AUD rally, then confidence will fall soon after (usually within a day) and the markets amp; AUD fall too. I ve placed my order for .94 to test if it really falls that low, but it s unlikely so I ll buy as high as .97 if there s not enough downward pressure. This site will help you long term. http://forextrainingreviews.co... Report Abuse What is the project? To invest in Forex? Forex is complex it is not something you just put money in and leave it for 6 months, especially in this economy. You will need keep an eye on the market, and you can make your money. I use FXCM.com They give you everything you need to know, most of it for free. One hint, if you are familiar with the charts, use the simple moving average and the bolanger bands, you can make your money easily. Good luck. Trade EUR/USD - they are the most traded and usually the most predictable. check these amazing sites, they are the best, read carefully: http://www.online-ebook-download.com/aut... http://www.online-ebook-download.com/for... http://www.online-ebook-download.com/bes... here are the best forex platforms: http://www.online-ebook-download.com/onl... http://www.online-ebook-download.com/eto... try the Norwegian kroner How to succeed in FX...... Hard work amp; years of learning. Buy Yen, Sell Rupiah
Where can I find a job of forex trader? -
I am a forex trader and interested to trade forex for banks, coporations and individuals .Anyone can help me? Please visit the following sites :- forex-trading.superiorinvestor.net/for... - 18k - www.marketforex.net Why not apply to the firms with which you deal, if you are in fact a trader? find something at http://www.vc22.com/
Thursday, August 16, 2007
What is the broker that offers best rates for FOREX ? -
where can I get the best rates to invest in FOREX? The best thing you can do is to compare brokers on your own. You can visit websites like http://www.forextopten.com/forex-broker.... or http://www.forexpeacearmy.com/public/for... in order to find plenty of brokers. I use fxtrade it offer 0.9 spread for E/U http://fxtrade.oanda.com/spreads/compari... You can open an free Marketiva forex \gold\fund\indexs online trading account , with $5 reward and $20000 virtrual fund for practice .Just click the following link to open an account. http://www-forex.spaces.live.com
Forex, what will happen after Hurricane Gustav strikes ? -
Im into forex and I want some advice from other forexers what will happen to the US economy? Should I buy the USD after Gustav attack? or should sell before/while Gustav attacks and ruined all oil platform? It s not really possible to predict what will happen. What you can do is to play with the trend. Currently the USD is on an uptrend, so buying it makes sense to me. What usually happens is oil will go up .Some currencies follow oil so I would short the dollar especially if you see oil on the rise.
Any good forex training course? -
What forex training coures have you joined?And how about it?Or you know some very good forex education course in Malaysia?by the way,I need a course in English or Chinese. Hello, Funny... I just made a post 2mn ago saying that I found a new portal for forex trading education. In there, i found interesting forex articles, a free ebook about the basics of forex trading, reviews of expert advisors and also a newsletter (they send you an additional forex ebook and tips to learn forex). I very much liked this forex portal! Here you can download their free forex ebook: http://www.forexface.com/free-forex-eboo... Best of luck, Jeff
I need help optimizing my forex tracer? -
Take profit, stop loss, and trailing stop. The default settings worked pretty well, but I have heard people complain about the stop loss being set too low. I just wanna protect my assets. This may work well for you once you ve got 5 or more years of trading experiance without forex tracer. No program like this works well without a knowledgable person setting the perameters..... each time its run. You re living in a dream world if you think this will really work. Yes, setting stop loss makes all the difference. This is where autopilot systems are not as simple as they make it to be. Experience is useful. You have to balance between profit and risk. For me the default was OK. But it may be a bit low as you say. I ve not used Forex Tracer that much as my friends are all not using Forex Tracer and I like to have constant sharing of info as the software itself doesn t tell you very much of what works well and what doesn t in the real world. They have some good settings for it at http://www.fxsystemscompared.com - I joined their newsletter and the quality of information they give is just *unreal*
Which forex trading software provide real time trading volume? -
Does any forex trading software or broker s trading platform provide real time volume? check it out from this site. their innovative quot;no software downloadquot; technology means you can trade in real-time online. you simply login to your account and trade anytime, from anywhere. and they keep you up-to-date with the market with live real-time quotes and live data feeds from Reuters. they use the latest and most sophisticated and advanced technologies in order to offer you up-to-the-second quotes. you may check your accounts and positions in real time, 24 hours a day, and make a deal based on real-time information. all the best.
Wednesday, August 15, 2007
Where can i find the BEST forex offer online? -
Forex trading is the fastest growing market in the world. I have been training on demo accounts for morethan 2 months. But with so many brokers, i do not know where to open my real account very soon. I want a broker that offers clients a A LOT! So, where can i find the BEST forex offer online? www.fxcm.com is a pretty good company for you to start. They have a good background. Good luck. most legitimate forex brokers will almost have the same offers but this one i would personally recommend. this gateway site will lead you to one of these leading forex brokers today. foremost feature of this site that differentiate it from others is quot;personalized servicequot; where by opening an account with them, whether you are a newbie or experienced trader, they will provide you a personal Account Service Manager who will deal with all your queries at anytime live via phone, email or chat. your ASM will even trade with you upon request to make sure you get familiar with their web based platform. other than personal service, the site offers the following in brief: live training, one-on-one help no software download(web based platform); instant deposit using your credit card, paypal or bank transfer; margin trading with low minimum deposit(mini-$100; gold-$500; platinum($5K); vip($10K) managing risk: rates, limits and stop-loss; tools to trade smarter transparent: no hidden costs innovative: full control with online access, inside viewer, trade controller, visual trading, trade anywhere at anytime; Freeze rate; special features and tools only available to our traders flexible and competitive: special terms for frequent traders; spreads; bonuses security: data security and privacy professional: reputable business partners; live, real-time quotes register and log-on for more info. you may also download a Free Forex Ebook and a Free $50K practice account should you wish. best of luck. There are many factors which will decide the suitable broker for a trader.I have been trading since 2004.When I wanted to enter the market I searched for many online brokers on the net.On doing a thorough comparision I had it boiled down to ava fx. Its been smooth trading. And from personal experience have found it one of the best brokers.You really need to decide for yoruself which may be the best for you. For a general idea you can see the sites comparing various brokers. Open a demo account with the proposed broker and check for own. This should give you an insight into their service and working. Different forex brokers and systems work better for some induviduals than others. So I recommend you carefully look at what they offer, reviews etc and decide on the one that best matches your skill level and experience. http://forextrainingreviews.com is a review site that evaluates a few forex offers so you can pick which is best for you. The best forex program is the one that you personally are most comfortable with and can understand. Others can only tell you what is best based upon their own skills and experiences, but that doesn t mean you will also find it to be the best. Good luck finding one. thanx 2 all the guys 4 the answers, i think all answers provide valuable information but i am very interested in the 1st answer i have sent the email to the specified address, i would love to get an answer Look up for a rebates company that will pay you a comission on every trade you make. try http://eforexmarketplace.com/ it is affiliated with easy forex which is one of the top online forex broker Make no mistake about it: at iForexClub.com we give you EVERYTHING you need, and everything traders want! Just take a look at our forex offer: 1. We only operate as a broker for the biggest names in the business. Meaning we do not open your account with us, but with one of the few fully registered NFA companies that we market for. 2. No commissions, not now, not ever. 3. Not only you will trade without paying us a dime (commission free) but also, we are the ones offering you commission: we rebate you $2 or $3 in cash (deepening on the company of your choice) for each standard lot you trade. 4. We rebate you $1 or $2 in cash (depending on the company of your choice) for each standard lot your friends (that you introduced to our services) trade. 5. FREE daily trading signals on EUR amp; GBP (Worth $200/month), which achieved +1,203 pips in the past 6 months. Our Signals are very easy to use, because we issue our signals only ONCE a day, and they are not followed by any adjustments, unlike other signals services, where you do not know when the signals are going to be sent, and if there will be any adjustments: you know EXACTLY, when our signals are issued, and you know for sure, there are no adjustments. This way you will be able to trade using orders, with 10 minutes needed to receive our signals and place your orders, and then you can close the PC and go out and have fun or take care of another business. 6. FREE swing signals (Worth $200/month), 1 – 3 times a month, we pick a single trade and issue a swing trade report, with higher targets that the daily signals. 7. FREE weekly technical analysis report (Worth $200/month), specifying the serious and important levels on the 8 most traded pairs: EUR, JPY, GBP, CHF, AUD CAD, EURJPY, and GBPJPY. 8. One free monthly consultation (worth $100) with our senior technical analyst, in the form of 30 mins on skype or phone, where you can ask about anything trading, anything technical. 9. Full support in the account opening process, and in any future transactions (withdrawal, deposit, etc.). 10. Is there any broker on the face of the planet that offers you more ??? Visit our site: www.iForexclub.com Or contact Accounts Department with your request, or simply to receive more info: Accounts@iForexClub.com Warmest Regards The iForexClub Team
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