Monday, September 10, 2007

How can i trade into the FOREX? -

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.. look for Sifoo and NOT ..siFOOL Foreign exchange can be very risky, but can also be very predictable and rewarding. You should talk to your Financial Advisor about structured investments if you want to get your feet wet by buying into currency baskets. If you re not the risk averse type, there are some online brokerage firms that specialise in FX trading accounts, but if you re not experienced, I wouldn t recommend it. www.FXCM.com http://www.babypips.com/ Here is a couple good videos to watch, http://www.forex.com/forex-seminars-deve... http://www.forex.com/forex-seminars-deve... Here is a squido site for fxbootcamp that has several good video, if youll take the time to watch these you can learn a lot. http://www.squidoo.com/fxbootcamp/ I like Oanda for a starting broker because you can trade with as little as 1 cent a pip on the line, of course youll only be making 1 cent a pip. then as you improve you can step it up a penny or a dime or what ever. The only bad thing about them is 50:1 leverage and there spread gets very wide during news times. I also agree with babypips good site. a short but very good ebook http://www.robbooker.com/books/Strategy1... Here is a good site to learn about the indicators. Just look all over it. http://www.investopedia.com/university/m... Use Oanda as a demo account. It doesn t expire so you will have as long as you need to practice. http://fxgame.oanda.com check out this guy: http://www.robbooker.com/ Ask your Swiss Private Banker. If you safely want to trade in forex you need to learn about when a good time is to make a trade , to set a goal for the amount of quot;pipsquot; you want to earn in a trade you also have to be dedicated to your research as the forex is moved by what is happening in the economies of the pair you are trading. Forex can make you alot of money if you learn the right way to trade and never become greedy that s when you will start to lose your money. Personally I am in a investment club whereby we see an average return of 5.3% per month and that s because we are conservative in our trades. The nice thing with a club is one member is made manager of the fund to conduct the trades on behalf of the other members and this member is the one who knows the most and is willing to dedicate his/her time for the successful trades of the club also with the club I am in you receive weekly emails as to when a trade was made in what pair and why so you can start to see what is an indicator for a trade. It gets more involved if you would like more information write to me at billone44@yahoo.com stay away from Forex, it is an extremely risky type of investment,,,,,If you are not a very experienced investor, YOU WILL LOSE ALL YOUR MONEY. Okay Mohammed here s the deal. I am amazed at the number of people that automatically tell people to stay away from Forex because you will lose all your money. Perhaps they have had an unpleasant experience themselves. It is quite possible to lose money at Forex with very little effort. This occurs when either someone has no idea what they are doing or they have blindly followed someone else s advice without validating it first. What I propose is that I will personally work with you over the next two weeks and teach you a method that can quickly have you earning more in a month than banks will pay you in a year. We will use free demo accounts and I will coach you for free. The only thing that I ask is that when we are done that you post your truthful review on this forum for all to see. I don t care if your review is good or bad. I just want you to truthfully answer the question if it is possible to make consistent profits in the Forex market. No risk. No obligation. Just some free education. What do you think? Paul pupp52@yahoo.com Start learning and training here: http://boulat.com/hyop/vrgpartners.html also here: http://www.forexforsmarties.com

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