Month: October 2010

The Forex Online Trading facilities in India have plenty of high quality benefits. One can find effective Forex Traders in India just by looking through online facilitations of Forex trading units. Forex Trading Tips are effectively put to use to bring a completely new world of trading that works in an effective and secured system requiring least time effort or investment. These come with the utilization of the basic and key concepts as well as understanding Forex Pricing.

An introduction to Forex will reveal the current FX policies, currency standards and other related units. There are different types of Forex trading system utilization processes and these include Standard, Premium, Protected and Interest Free or tailor made accounting system. Using these accounts help one to operate through ECN and get the best introduction to Forex analysis and trading systems. It uses international trading systems that utilize the different currency rates and exchange processes to bring the balance protection required for guaranteed trading systems. There are tight spreads, guaranteed stop loss, free commissioning, all time trading facilities, 24/7 account access, secure online payment methods, hedging capabilities, negative balance protection, full margin capabilities and various other beneficial processes that have been active since 2006. The Foreign Exchange Online trading system method is thus a full-on experience through which the proper support system, learning and beneficial researches of technological exchange can be understood clearly. Get ready for a completely new world of trading with online Currency Trading Tips that work effectively for you with Forex Broker India systems.

Stay up to date with Currency Trading Tips through Indian forex traders. Fxcentral Technologies help any business to get ahead with Online FX Advantage and create the most beneficial momentum in the market that stays in steady pace with the competitive international market. If you are new to applying Forex for your company, you can get all the lucid facts and facilitations through online application only. Numerous online products and applications spread through Foreign Exchange that create maximum trading benefits with minimal efforts. One can create distinct savings through these highly effective and Foreign Exchange Trader PRO advanced tools. There are no risks or obligations involved and getting started can be an easy investment process that brings the best of trading activation through Forex Trading systems in India.

Learn to utilize the market effectively through guided help and advantages from the experts at Foreign Exchange. Getting started with the online resources opens a completely new world for you and brings great trading practices and tools in the most beneficial ways.  Now you can trade with the world’s largest marketers with sophisticated trading tools, practical skills, competitive resources and high advantage point activation to embark on a new level of business exchange. All these culminate together to bring the most successful business management system and network that is reliable, swift and effective. Get ahead with new and fresh trading ideas that work through this effective system. What has been working brilliantly internationally is now creating big leaps in numerous business groups in India.

http://www.fxcentral.net/

By James McKee

Due to economic upheaval and the expiration of a government tax credit the price of homes has fallen to epic lows recently. While this is great news for investors looking to purchase real estate while the price is right ultimately it is a sign that banks are experiencing a tremendous deal of pressure. This pressure has resulted in an increased (almost desperate) desire to sell property as quickly as possible. While home prices are falling most Americans do not find them selves in a position to purchase property at the moment due to economic difficulty.

In an effort to bait potential homeowners into a purchasing mindset banks have lowered prices on foreclosed properties. Whether this tactic will prove fruitful or not is anyone’s guess, but I would guess that in light of all the mortgage controversy lately your average potential homeowner will keep their distance. Loans that were “robo-signed”, and countless other calamities are at the front of many people’s minds right now and they are anything but interested in participating in such a flawed system. When you have judges coming out of retirement to handle civil litigation that is mortgage-specific you know there is a problem.

A home is a very significant investment for so many reasons, and the fact that banks have erred so severely where people’s entire livelihoods are concerned is flat-out unforgivable. Bearing this in mind it is no surprise that people extremely hesitant to enter into a contract with a bank at the moment. If this strategy does not prove successful it could spell out serious trouble for not only banks in America but the USD as well. Falling home prices are a sign of desperation on the part of the banks and if this strategy does not yield gains confidence in the banks is sure to fall further.

The single largest cause for the United States current economic debacle is the faulty home loans that were pushed on to consumers. This has lead to a complete lack of trust and confidence in the banks on behalf of the public. If consumer confidence in banks and lending institutions continues to erode so will the value of the US Dollar.

About the Author

Author is a Forex trader and financial analyst residing in Denver, Colorado. To stay up to date on all the latest developments in the financial world and beyond be sure to check out the forex exchange rates regularly.

Happy Halloween FX fiends, I mean friends! Indeed, it is very scary at least for the USD as it is now trading at a new historical low versus the Japanese yen. To end the week, the USDJPY surpassed its former all-time low at 80.43 which it set way back in April 1995 and closed at 80.38. As you can see from its weekly chart, the pair has been on a long term downtrend since the latter part of 2007. Based on the Elliot Wave Principle, where prices move in a 5-wave cycle before correcting, the USDJPY pair could be on the final leg of its wave B. If my wave counting is correct, then the pair could rebound for awhile in the coming week or so, marking its wave C, before heading back south to start a new down wave. Given its oversold condition, it could, however, rally until it encounters some resistance at 85.00. Still, the pair would more likely be on track for some more losses because present trend. In any case, a close below its former low at 80.43 at the end of the month would place some more selling pressure on the greenback.

To end the month of October, the US market closed flat with the Dow ending with a mere 0.04% gain and the broader S&P 500 with a 0.04% loss. The US’s third quarter GDP missed its 2.1% target by a hair with a 2.0% growth. Despite the 2.6% increase in household spending, the country’s overall expansion remains subdued and it expected to be the same at least in the near term which brings the country at the realm of another non-traditional monetary easing by the Federal Reserve.

Speaking of the Fed, it will have its monetary easing meeting this coming Wednesday (November 3). The Fed is widely expected to pump more money in the country’s financial system to support consumer spending. Traders will also be on the look out for the US’s non-farm employment report (NFP) on November 5. US firms are expected to have added about 65,000 jobs during the recent month after cutting 95,000 during the previous period. Both expected results from the upcoming two major economic would be bearish for the greenback. An additional easing by the Fed would dilute the USD while the latter would spark some risk taking among investors. Risk taking, as we have been observing during these periods, would go against the dollar given its low interest rate. Nonetheless, expect some fireworks both in the financial market for the coming week. Stay on your toes!

More on LaidTrades.com …

By Taro Hideyoshi

In addition to indicators; such as Moving Average (MA), Relative Strength Index (RSI) or Moving Average Convergence / Divergence (MACD) that traders can add to the price chart to help them in technical analysis. The price chart itself can help traders in market trend prediction.

When analyzing the price, traders may look for a reversal pattern. The reversal patterns indicate a change or trend reversal is about to occur.

I’m quite sure that you have heard the most well-known reversal patterns as double top, double bottom, head and shoulders, reverse head and shoulders. They are basic reversal patterns that traders should get started with before go further to more advances.

Therefore in this article, we will discuss and review the key points the most basic and popular patterns, double top and double bottom.

Double Top

Double top happens when price is in an uptrend. The price goes up and pulls back. Then it resumes the uptrend but when it reaches the resistance established by the first peak. Traders refuse to pay higher prices. Therefore the price starts retracing to previous low.

The key points:

– It looks like an “M” when it’s completely form
– It indicates that bear is coming
– If the price forms the double top pattern and falls below consolidation support, it will sink lower.
– If you are holding a long position when the price is approaching the second peak in an uptrend, keep monitoring and get ready to take profits when other indicators confirm the reversal.

Double Bottom

Double bottom is the upside down version of double top. The price goes down and bounces during a down trend. Then the price resumes the downtrend but when it reaches the support established by the first sink. Traders refuse to sell lower prices. Therefore the price starts to retrace to its previous high.

The key points:

– It looks like a “W” when it’s completely form
– It indicates that bull is coming
– If the price forms the double bottom pattern and penetrate thorough consolidation resistance, it will rise higher.
– If you are holding a short position when the price is approaching the second bottom in a downtrend, keep monitoring and get ready to take profits when other signals confirm the reversal.

Whatever the time frame you trade, you can always spot the patterns. The reversal patterns (also continuation patterns) show up in chart of every time frame.

About the Author

Taro is an experience trader who trades in stocks, futures, forex. He strongly focuses on technical analysis, trading systems and money management.

If you would like to find more articles on MetaStock Tutorials, MetaStock Formulas, Trading Systems and Money Management. Please go to MetaStock Trading System.

By Daniel Shaw

One of the most important ways to save humanity in extreme situations is a stable economy, which helps to eliminate hunger, protect people and cope with disasters. But money is not very resistant to all kinds of changes. It is related to the market system that allows them to drop or increase in price.

Sometimes we notice that prices for different products rise from time to time. The reason is not because they become more expensive, it is because the money itself worth less. An economy where money supply is not tired to gold, faces inflation. If the currency of the country is pegged to the gold stocks so the crisis is virtually invisible and the national currency is stable to fluctuations.

Looking at the prices on gold during the last years you can see that they are changing all the time. Though it is not the price of gold that is changing, it is the price of money against gold moves up and down. Virtually the gold price remains stable for many centuries though the quantity of money you need to buy gold changes from time to time.

Historically it started a long time ago when gold was used as money. The money was made of gold and other precious metals like silver. But it was a time of completely different money and economy. With the development of civilization, the world’s economy and money has changed too, though the gold value still stayed the same.

You may ask why there are so many cases of countries bankruptcy, inflation and economical crisis if the quantity of existing money is equal to the gold. The reason is that the world economists wish to raise the value of the money and the ways they used to do so cause all kinds of economical disasters where common people suffer. Instead of stabilizing the economic situation of the country by increasing the gold stocks, economists choose the path of inflation releasing more money. As a result all becomes expensive and people don’t have enough money to buy things. Money depreciates more and more and all this leads to poverty and chaos.

Currently there is so much money in the world, that it is impossible to equate it to the rate of gold, because it would increase the price of gold in a million times. For that reason such actions as inflation is necessary to do in order to keep the stability of the world economy.

The appearance of electronic money changed the situation. Banks have a lot of virtual accounts that are not secured by any gold reserve. So we can say that the present price of gold has being deliberately significantly diminished.

Gold is one of the most traded commodities in Forex market. Silver and Oil are popular too but their volumes are much lower. There are also many other commodities like Platinum, Rice, etc offered for trading by many brokers. Trading commodities is much different than currencies. Commodities market is more volatile and usually has higher spreads that requires any trader be more careful in building his trading strategy.

About the Author

Daniel Shaw is a Forex Trading professional. Visit his site Singapore FX to get more useful information and tips on how to trade Forex in Singapore.

By James McKee

When approaching the Forex market you must determine you risk level. After you have set aside proper funds and learned enough on a demo account to be comfortable trading you must determine what type of losses you can take. Losses are a fact of life when it comes to any sort of investment and Forex is no different. While a skilled trader will have his profits outweigh his losses, losses are still going to occur. Having the necessary capital in place to absorb those losses is important not only in keeping your account healthy but also in keeping your mind from being infected with anxiety.

Risk is anything that might negatively impact your bottom line and bearing that in mind one should always assess their risk carefully and accurately. A risk can be divided into two basic types with regard to Forex: Systematic and Unsystematic risk. Systematic risk is that which refers a large-scale change that affects multiple currencies. An unsystematic risk is one that affects a specific currency pair through a local economic problem such as supply shortage. The best way to guard against unsystematic risk is to spread your investments across more than one pair.

Default Risk refers to the risk you take by trusting your money with a particular broker, choosing one that is stable is very important to protecting your investment. Forex risk refers to knowing which events will effect the value of the currency you are trading, even if it occurs in a country different than the one whose currency you are trading. Interest rate risk refers to the chance that a hike in interest rates will adversely affect the trade you are involved in. Political or economic risk refers to the chance that a country’s politicians will intervene in regard to the value of their currency for various reasons.

This is a very brief overview of the risks associated with the forex currency exchange (which are numerous). Keeping a level head assessing your own risk on a second-by-second basis is part of what makes a great trader. Happy trading!

About the Author

Author is a Forex trader and financial analyst residing in Denver, Colorado. To stay up to date on all the latest developments in the financial world and beyond be sure to check out the forex exchange rates regularly.

By Andrew Daigle – You began trading the forex market because you wanted to make money in one of the most lucrative markets in the world. However, to make a consistent profit trading currencies, a successful trader relies on different strategies and software to navigate the ebbs and flows of the foreign currency exchange. Here, we will focus on Fibonacci trading strategies, named after Italian mathematician Leonardo Fibonacci. Fibonacci retracements help traders identify how far the foreign currency rate will go before it begins stalling or falling.

Before I continue, let’s go over the very basics that will help you incorporate the Fibonacci strategy into your own forex strategies. Fibonacci numbers are easy to identify because they are a series of numbers when you add the first and second number, the answer will be the third number, and so on. For example, you add 1 and 2 to get 3, and 2 and 3 to get a total of 5. See if you can continue the sequence a few more digits.

You should have gotten; 1, 2, 3, 5, 8, 13, 21, 34, 55. Great, so what does this have to do with forex strategies and trading foreign currency? Well, these numbers will help you develop forex techniques that anticipate and take advantage when a particular currency changes trends. Common knowledge among currency traders is that stocks and currencies often retrace a certain percentage of the previous move, usually 38.2%, 50%, and 61.8%, before it reverses. Your job as a trader is to watch these retracements and pull backs before determining if you want to open a long or short position.

Regardless of what trading strategy you utilize, Fibonacci retracements can help you identify trends, and act accordingly on them. When the foreign exchange rate begins to fall, or decrease in value, you can plot the levels on a chart (most automated forex software has a Fibonacci setting) and search for any signs that your stock is about to reverse.

As useful as Fibonacci retracements are, you shouldn’t rely on them as your only source for technical analysis. Don’t buy simply because the stock is at one of the common retracement levels; wait for another indicator to confirm what the Fibonacci patterns are telling you. Keep in mind that the task of plotting the Fibonacci patterns will be left up to each trader, but that most automated forex software does provide you assistance.

Incorporating a Fibonacci retracement pattern into any of your existing currency trading strategy is simple, just make sure you plot the lines and follow the information they are providing you. By adding Fibonacci patterns to your existing trading techniques, you can increase your accuracy for a near perfect graphical representation of how a particular currency is doing on the foreign exchange market.

The easiest way to get acquainted with Fibonacci retracements is to sign into your favorite forex trading website, and practice plotting retracement points. At first this pattern seems difficult, but after just a few moments most forex traders find themselves comfortably trading foreign currency using Fibonacci numbers.

About The Author

Andrew Daigle owns and operates many successful websites including http://www.ForexBoost.com , a free Forex educational site to learn Forex trading strategies and partners with http://www.FX-Instructor.com for live forex trading sessions and professional educational services.

By Markus Heitkoetter – Recently, Forex trading has become extremely popular. However, many people who are interested in Forex trading have little idea what it involves. They are often attracted to this type of trading based on its popularity and the belief that, because others are using it, it must be profitable. This is not always the case. Forex trading is most useful for larger companies rather than independent day traders. Still, if you want to get involved with Forex trading, you should understand how it works, and, more importantly, how it is different from the kind of trading most day traders do.

The first aspect of Forex trading involves interest rates. If you are trading the EUR-USD, for example, then you are buying the Euro currency and selling the US Dollar. In Forex trading, accounts are settled every day at 5:00pm ET, and at this time you earn interest rates on the currency that you bought and pay interest rates on the currency that you sold.

Here’s a useful example. Currently the European Central Bank (ECB) has set its interest rates at 4.25% while the Federal Open Market Committee (FOMC, part of the Fed) offers only 2%. If you trade EUR-USD and hold it overnight, then you receive the equivalent of 4.25% divided by 360 days for the Euros that you own and you pay the equivalent of 2% divided by 360 days for the US Dollars that you sold. So you are receiving the equivalent of 2.25% divided by 360 days every day that you hold this position. (It’s important to note that your broker will charge you the spread for “swapping” your position overnight. But if he is a reputable broker, then he will pay you the interest rate spread.)

The possibility of daily income is what effectively attracts people to Forex trading, but the actual profits you receive are relatively small. In our example, 2.25% divided by 360 is 0.00625%, which means that if you invested $10,000 in your position, then you would earn approx. $0.63 per day in interest.

Most day traders become less interested in Forex trading when they understand this. And that seems reasonable given that it is most successful when you have huge amounts to invest. Forex traders, or at least those who profit significantly from it, are usually large companies, institutions, hedge funds and banks that easily hold $100 million or more overnight and therefore earn $6,250 in interest every day. That’s $187,000 per month, and they hedge their positions to minimize the risk of fluctuations in the currencies.

If you are still interested in Forex trading, there are two factors you should keep in mind:

The first factor that moves currency prices is interest rates. If you are going to invest, make sure you have a currency pair moving when the underlying interest rate markets are open. As soon as the interest markets close, the prices of the currency pair will simply be moving sideways.

The second factor that influences currency prices is foreign investment. If you are a US company that wants to invest $10 billion in Mexico, then most probably you would have to buy the Mexican Peso to pay local contractors and workers. Though some might accept payments in US Dollars it is still very common to pay local companies and workers in their local currency. This is especially true if your company is manufacturing the products in Mexico but sells them in the US; you will have to sell US Dollars and buy Mexican Pesos on a large scale, since your income is in US Dollars and you have to exchange it into Mexican Peso to pay the workers in your Mexican company. Those two factors explain why you will see currency prices moving if a government introduces new rules and regulations for foreign investors. A change in the political landscape of a foreign country can cause sharp moves in their currency since it might affect the decision of large companies to invest in that country. These factors usually affect currency prices over days and weeks, maybe even months, and not necessarily within a single day. However, even throughout a single day you may see a sharp reaction of currency prices to geopolitical news and news that affect the interest rates of a currency.

Hopefully this helps you better understand what Forex trading is all about. If it seems attractive to you, then plan on spending some time researching which currency markets are right for you before jumping in. Obviously, there is plenty to consider when investigating these trades, and the research is very different than the kind that most day traders are used to doing since it involves knowledge of international currencies and even day-to-day politics. Still, if the possibility of regular daily profits remains attractive, Forex trading may be right for you.

About the Author

Markus Heitkoetter is the author of the international bestseller “The Complete Guide To Day Trading” and a professional day trading coach. For more free information on day trading visit his website http://www.rockwelltrading.com

By Jancho Chaushev

Forex online trading refers to the practice of trading stocks internationally, changing the currency being used. This allows the trader to use the fluctuating values of various currencies to make the most of each purchase. Trading online in the forex market is a risky practice, and there is always risk of losing money. However, there are specific steps a new trader can take to decrease those risks and maximize earning potential.

Step 1: Enjoy Yourself

If you have chosen to seek extra income from trading through forex online, and you feel bored and stuck at your pc, watching stock numbers, this is not the activity for you. Successful traders do this because they are fascinated by it; they watch the numbers and have a passion for finding the next great investment. You don’t have to be an aficionado to be successful, but you do have to care enough to watch the numbers and pay attention to the financial climate more than just when it is convenient.

Step 2: Trade Without Emotion

To be successful, purchases and sales must be made with no emotion involved. This means that an investment in a company that has an emotional impact, because of what they do or who owns or works for the company, is still just an investment. You should buy when it makes sense, and sell when it makes sense. Also, you need to walk into trading forex online knowing that you will earn money, and that you will lose money. Again, it is necessary that you remain unemotional so that your reactions are always logical, not emotional.

Step 3: Have a System

Forex online trading is a practice that must be learned over time. As that time goes by, you will learn about your own budget, as well as learning about the fluctuation patterns in the market, the level of risk for particular stocks, and so on. As you learn these details, you will develop a system. This system does not need to be specific to any commercial system; it simply needs to be based on logic and over time, it should be proven to work for you.

Step 4: Be Disciplined

Once you have developed a system that works for you (in general; there are not foolproof systems), discipline yourself to stick to your plan. In order to make money with forex online trading, you will need to treat this as you would a job. If your system calls for you to be watching your pc during certain hours each day, this is exactly what you need to be doing. Straying from your own self-set system will inhibit your success.

Step 5: Have enough Money to Trade Safely

Possibly the most important rule, this is absolutely necessary. Before investing money, ask yourself the following question: Can I afford to lose this money? What are the repercussions in the next month if I lose this month? Three months? Six months? Just as with gambling, you need to be prepared for the fact that your investment may not have a return.

About The Author

Forex Online Trading at fixed and variable spreads in one platform. Spreads as low as 0.1 pip. For details visit http://www.deltastock.com

1. TransMarket(TMG) – The main leader in the financial markets
Founded in 1980, officially changed its name to TransMarket Group in 1984. Headquartered in Chicago, is a large financial group collected of foreign exchange, futures, securities license. Owns the world’s most advanced trading systems MT4. TMG is a regular licensed securities and futures foreign exchange dealers. regulated By the UK Financial Services Authority (FSA) and the Australian regulatory ASIC. FSA ID:196476, ASIC ID:099 118 448.

2. FXCM
America’s largest foreign exchange companies. Headquarters are located in New York. Accept the NFA regulation, but the stability of the platform are criticized. NFA ID: 0308179

3. IKON
From the United States, a foreign exchange company. MT4 trading software

4. MG
One of the largest American foreign exchange companies set up in 1993. DealStationFX forex trading software

5. MIG
To provide online foreign exchange trading, a professional Swiss company, established in 2003. MT4 trading software

6. FOREX
One of the largest American foreign exchange companies. Created by a group of experienced professionals of Wall Street in 1999. Accept the NFA regulation. NFA ID: 0339826.

7. IFX and FX Solutions IFX
IFX is one of the world’s largest foreign exchange margin trading dealer. NFA ID: 0327627.
FX Solutions is a major market maker (PMM) in foreign exchange market, and represents the world’s highest foreign exchange trading industry standards. GTS platform. Spreads are relatively high. NFA ID: 0312620.

8. Alpari
A British foreign exchange dealers, accept the British FSA and American NFA regulation. MT4 trading software.

9. FXDD
The customer funds deposited in the “Malta” country. MT4 trading software.

10. CMS
CMS registered in NFA and FSA, one of the world’s largest foreign exchange trader. VT platform.

11. Forex Club
Forex Club International Finance Corporation is a foreign exchange dealers registered in the United States Commodity Futures Trading Commission and National Futures Association CFTC (NFA ID:0358265). EXPRESS FX platform.

12. PFG
An old American foreign exchange dealers, one of the largest American foreign exchange dealers, accept NFA NFA regulatory. ID: 0232217

13. GFT
GFT was founded in 1997, the general size of the company, Australian Financial Services License Number: 226625 Recommended platform: DealBook

About the Author

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