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Gold moves towards 2-week low on dollar’s rebound

Friday, bullion hovered near 2-week lows on as a recovery in the dollar dulled bullion's demand as a currency hedge while investors were becoming wary of speculative long positions building in futures. Spot gold gained 0.2% hitting $995.45 an ounce at about of 3:10 GMT, compared to New York's notional close of $993.75. Currently, spot gold is set for a weekly drop of about 1%, after touching a two-week low on Thursday to close below $1,000 for the first time in nearly two weeks.

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Forex trends: euro shows mix trading

During Friday’s early Asian session, the single currency lost ground versus its main counterparts, hitting new lows against yen, dollar and franc. On the other hand, euro surged versus pound. The European currency plunged to a fresh 3-month low of 1.5078 against the Swiss franc in early Asian trading on Friday. The EUR/CHF pair, which closed yesterday's deals at 1.51, is presently worth 1.5095 with 1.505 seen as the next target level.

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Financial markets have improved, but interest rate will still remain low

On Wednesday the Federal Reserve reported its new assessment of the economy state saying the growth is back again after the recession. Meantime the central bank said that it would still keep interest rates very low for a long time. Besides, the Fed also stated that it plans to slow its purchases of mortgage debt to extend that program's life until the end of March as it wants to contract its extraordinary support for the economy and markets during the recession.

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Where to invest e-currency?The question is solved... CSM Finance

As the online financial markets is moving forward more companies are appearing on the stage and competing with each other in the battle for customers. And while increasing a capital was very actual before the current economic environment it is even more actual today when an ever growing number of people are running out of their money as a consequence of deteriorating credit and other conditions. That is why we can often run across different kind of investment projects ready to help online users to enhance their profits.

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IncoForex, when online investment is a viable business

Today we are talking about another way to efficiently allocate your funds online so as to make more money out of them. An online investment project known as IncoForex is attracting an increasing attention to its activity with its unique business model and serious approach. Our journal decided to make its own review of this money-making program that is, as reported by the founders, specializing in foreign currency exchange markets.

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Forex-master is a scammer slave

You will only be a slave to a scam master if you join and deposit your money into this scam investment game program which known as forex-master. The admin of this program claims that this program is a short term, backed up by Nasdaq, Dow Jones and NYSE trading, high yield private loan program and investing in various funds and activities.

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Yen strengthens

Forex news: yen strengthens against euro and franc, sliding vs dollar and pound

During Wednesday deals the Japanese yen recovered from an early Asian session's 12-day low against euro and Swiss franc. Meantime, the yen weakened versus the US dollar and the British pound.

Against the US dollar, the Japanese yen edged down during early Asian deals on Wednesday. At 9:25 pm ET, the yen touched a low of 92.45 against the dollar, compared to 92.33 hit late New York Tuesday. The next downside target level for the yen is seen around 94.4.

The Japanese unit that closed Tuesday's North American session at 133.68 against the European currency slipped to a 12-day low of 134.18 during today's early Asian deals. Thereafter, the yen reversed its direction and is currently trading at 133.79 with 132.5 seen as the next target level.


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Dollar surges higher versus majors

Forex trends: dollar surges higher versus majors

On Wednesday the US dollar strengthened against its major counterparts as a fall in European stocks boosted demand for the relative safety of the U.S. currency.

European shares fell in early trade today, slipping back from their highest close in nearly 11 months, tracking a decline in Asia and as metals prices weighed on mining stocks.

Against the European currency, the US dollar edged higher during early deals on Wednesday. At 3:30 am ET, the dollar reached a high of 1.4469 against the euro, compared to 1.4480 hit late New York Tuesday. The next upside target level for the dollar is seen around 1.437.

The US currency that closed Tuesday's North American session at 1.6489 against the British pound slipped to 1.6566 at 2:05 am ET Wednesday. Thereafter, the dollar reversed its direction and is currently trading at 1.6462 versus the pound with 1.616 seen as the next target level.

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Advanced forex trading strategy

Advanced forex trading strategy – the early bird breakout system

Having a good trading system means more money being generated. Traders have found it very difficult to maintain a particular trading system due to the fact that there are several factors that cause the system to become obsolete and this is one of the main reasons that new strategies have to be developed each and every time.

Having a good trading strategy does not mean that you should be over confident when trading. Basing your trading system with related strategies such as trading news, Fibonacci analysis, determining your stop loss and risk management will help your trading system to be solid.

In this section we will look at one of the advanced trading strategy that is very profitable. As the name says Early Bird Breakout System means that you should do your trade very early morning so as to observe a significant breakout. This advanced system requires traders to commence their trades as early as possible e.g. 5:00 am (EST).

The Early Bird Breakout System is a morning strategy which bases on time factor, two currency pairs and does not make use of indicators. The currencies we would prefer you make use of with this system is the GBP/USD and the EUR/USD.


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How to trade forex false breakouts

How to trade forex false breakouts

Just like in any other business, getting into Forex Trading requires timing. Identifying the perfect timing can be very challenging due to issues of uncertainty and anxiety. However, the necessary preparation and guidelines when properly taken can help you in your goal. All of these things are necessary to ensure that you are able to make a realistic projection and therefore identifying a good timing.

Here are some strategies identified to guide you through:

1. Engaging when the trading period starts after a signal
2. Utilizing price benchmark
3. Using entries of arbitrary trade

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Forex futures and Spot trades

The difference between forex futures and spot trades

Before you consider on becoming a forex trader you should first and foremost understand the various forex market techniques available and also their comparisons is very important. It is very important to understand several marketing strategies as well as analysis and also to include various marketing strategies so as to adopt the best forex trading strategy and system for your investment. In this article we will look at the differences between futures and sport markets.

Forex futures basically means that it is an agreement wherein both parties agree to buy and/or sell a particular currency which is not in US dollar at a specified price on a specified date in the future, as according to a standard contract that is agreed by all the participants involved in such a currency exchange.

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Trade forex successfully

Trade forex successfully according to the different functions and effects

There are several forex trading strategies available and as a forex trader you have to select the best strategy that suits you. Some forex traders have actually adopted their own types of strategies due to the fact that they would have greatly understood the basic forex strategies. Several strategies have got some common basic principles that can be observed from all strategies and they all have one aim which is to increase your investment by a certain percentage very day. In this article we will look at the forex inverted pyramid approach.

Forex traders are skilled at developing strategies that hone their skills such as in identifying mistakes and set-backs in trading. One of the approaches most familiar to traders is called "Inverted Pyramid Approach."

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Top five basic forex trading strategies for beginners

To become a good trader and achieve good returns in trading you must use some strategies. Strategies you can select that suit you are available. It concerns with how much amount you want to invest that eventually you need to choose. There are strategies that gives great reward for those who cannot risk more and limit oneself of strategies you will avail.

You must choose a strategy that is best as a trader that will effectively help you trade. Outlined in brief are some available strategies in trading. The strategy helps protect the investment and profit yield as well. Before attempting in exploring fresh strategies, it is recommended that you try first the strategies in basic trading of forex.

This eventually gives you a high reward as one of trading’s best tecniques.

1. Moving the Simple Average (MSA)
2. Levels Resistance and Support
3. Hedging
4. Buying on Margin
5. Averaging in Value and Cost of Dollar

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Andrew’s Pitchfork indicator

The advantage of applying Andrew’s Pitchfork indicator in forex trading

Andrew’s Pitchfork is a technical indicator which is used to predict profitable opportunities and swing possibilities in the forex market. Named after its inventor Dr. Alan H. Andrews, this tool can be used to get an insight into the overall cycle that affects the spot activity. It is very commonly available on most programs and charting packages. It is also known as median line studies. It is quite different from the usual support and resistance lines. This indicator provides 3 lines with 2 of them acting as the support or resistance and the central line which can act as both or serve as the regression line. The indicator is based on the theory that 80% of the times the prices will move towards the central or median line while 20% of the times it will move randomly and will be prone to wild fluctuations due to market sentiment.

Even though fluctuations may take place due to the market sentiment the other trends will remain unaffected and the trend will only change in the event of a shift in the market sentiments or the supply and demand paradigm. These movements will of course present lucrative opportunities to traders. But like all other technical tools Andrew’s Pitchfork should also be used in conjunction with other indicators to improve the veracity of predictions or signals.

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Carry-trade trading strategy

How to use forex carry-trade trading strategy to your benefit

Carry-Trade is an investment strategy that has obtained a wide spread support and admiration from traders in the various security markets. Whether you are trading currencies, commodities or equities everybody is raving about this strategy. Even though the strategy is certainly not new it has been getting a lot of attention in the recent years. To explore this strategy further lets start with a discussion what a carry- trade is and then move on to how it works and how it can benefit you.
A carry-trade involves the purchase of a high yielding currency by funding it with a low yielding currency. Most commonly you see the currency pairs where there is significant interest rate spread in carry trades. Some of the common examples are AUS/JPY or NZD/CHF. So since the trade depends on the interest rates being offered by the various economies it’s important to find out about the currencies whish give a higher yield and the ones that give a lower yield. Traders can easily get this information by visiting the websites of the central banks of the various countries or by visiting DailyFX.com or other similar websites. The information will usually be presented in a tabular form with the interest rates being quoted as percentages.

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Using bond spreads in your forex trading strategy

Whether you are dealing in the currency market, commodity market or the equity market they are all interconnected. The various markets also impact each other; it is not unusual to see a movement in the commodities or futures market influencing the trading session in the currencies market. An identical relationship also exists between currencies and bond spreads. A bond spread is the difference in the interest rate of various countries. Macroeconomic principles state that there is a direct relationship between inflation and currency strength. A weaker currency will increase inflation while a stronger currency will help to stop and even reduce inflation. So, the price of a currency makes a very big difference to the monetary policies of the countries around the world. These monetary policies and decisions coupled with interest rates in turn control the price of currencies.
Understand the impact of these occurrences on the currency market will give a trader insight into the movement of the market and will help in predicting the movement of currencies.

To understand the impact of interest rate on the currency market you need to look back at the tech bubble burst of 2000. Traders changed their market goals during this period and were then looking for capital preservation over high returns. The US interest rates at the time stood at 2% and there was a possibility that the Feds would cut it further. However the Australian interest rate was 5%. This presented a lucrative opportunity to hedge fund managers and other establishments that could trade overseas. The risk factor in the Australian and US markets were the same which meant that a profit of 3% could be made in the Australian market. This significant difference in the interest rate brought forth the concept of carry trade.

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Forex market dynamics

Understand forex market dynamics more by using the diamond formation

Using the various chart patterns is a preferred way to trade for many people. These patterns are not only used to predict market movement but also to understand market dynamics. Some of the common patterns that are observed on a regular basis include the double tops and bottoms, the flags and the pennants etc. Another common pattern is the diamond top. This formation is used to identify the forthcoming shortfalls and downward retracements. The diamond top usually occurs in an uptrend and even though it can be used in every security market with a relatively equal success rate it is particularly useful in the currency market. And this can be attributed to the high amount of liquidity and no gaps in prices of the currency market as compared to the equity market. This pattern can be used with short term charts like the daily or hourly charts or the long term monthly charts.

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Measure the forex market volatility

Measure the forex market volatility with Donchian Channel

The Donchian Channel is a technical indicator used to reflect market volatility. The indicator was developed by Richard Donchian. When developed the application was meant to work for the commodity market but it works equally well in the forex market for the novice and the seasoned traders alike. It is akin to the Bollinger Bands since it also has high and low bands forming a channel that contains the prices. The market volatility is captured through the calculation of recent price changes. This is done by measuring the recent high and low prices. This is where it is different from the Bollinger Bands. The BB uses the standard deviation to form the high and low bands however as opposed to this method in case of the Donchian channel the high and low price changes are used to form the bands. Traditionally green and red bands are indicated to depict high and low bands respectively.

The calculation of the bands is quite simple for the high price band the average of the highest price for ‘n’ periods is calculated and similarly for the low band the average of the lowest prices for n periods is calculated. The number of periods or ‘n’ is fixed by the user. So it is essentially a moving average indicator since the average changes for each successive period.

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The forex trading machine

A good trading manual is the one which constitutes of how to enter a trade and also how to manage it. With this trading Machine you will be able to learn and understand the set of rules on how to enter and exit any forex trade. The Forex Trading System comes with three main strategies that will help traders to thrive and survive in any financial market.

The forex trading system includes three forex strategies which are the Cash Cow Strategy, the Runner Strategy and the Flip & Go Strategy.

The most important factor about these strategies is that they are very clear and specific. You will not have any doubts when and how to enter a trend and also when to exit. You will also be able to identify trends that will set up your profit targets.

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How to become a better forex day trader

Making trading decisions and developing a sound and effective trading strategy is an important foundation of trading. Traders use the term ‘day trading’ which means that they buy and sell stock within the same day. Day trades seek to make profit by making use of large amounts of cash so as to take advantage of price movements which in indexes or highly liquid stocks.

In this article we will look at some of the day trading strategies that are normally used by traders.

Entry Strategies

There are specific stocks that are ideal for day trading. Not all stocks and forex are suitable for day trading and a daily trader has to focus mainly on two things in a stock market which are volatility and liquidity.

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3 forex trading strategies for every trader

In this article I have outlined in brief some of the forex trading strategies that you can try. These strategies are suitable for the experienced traders as well as the beginners who wish to trade on the various forex markets and are in search of good effective strategies. The trading strategies can also be used on any size of trading account which is the mini, standard or micro.

The strategies that I have outlined below are proven trading strategies and they have certainly achieved great results for several traders and for sure they will work for you too. You should also bear in mind that with each and every forex strategy you adopt you should consider making great use of risk management at all times.

As a trader you may be faced with great difficulties on how best you can select a forex strategy. First and foremost you should choose are strategy that suits you.

Forex Scalping System
Forex Hedging Strategy
Forex Arbitrage System

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Forex flip & go strategy

Forex flip & go strategy - a way to make money online

With the use of this strategy you will be able to minimize your risks and set up your profit targets on a daily base. This strategy has a great profit potential for all its traders including the novices.

You will be able to take advantage of the forex markets so as to maximize your profits with this strategy.

The Forex Flip & Go Strategy is the third important strategy in the Forex Trading Machine and it is a day trading system that focuses on counter trend trades. This trading strategy should only be used once a day and on a certain period.

The trading strategy is very simple to learn and understand and it has got great profit rewards.

The strategy will help you identify the false market trade movements that will go in the opposite direction. This strategy is very simple to implement and all you have to do is to monitor the charts so as to identify clearly on the behavior of each forex market price that’s occurring each given day.

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The Cash Cow Forex trading strategy

The majority of traders have been trying to understand the technical indicators how they work and how they are able to maximize profits.

Of course many traders wish to have a system that is easy to use and pulls a great profit from several trade markets and also includes a straight forward price action.

Traders who are seeking or searching for a trading system that makes no use of technical indicators, bases on price action and provides a clear guide for trading opportunity to all its traders, should consider making use of this strategy.

The Forex Machine comprises of other two important strategies which are the Flip & Go and Runner strategy.

In this article we will focus mainly on the cash cow strategy and the rest of the strategies will be covered in other articles.

The Cash Cow Strategy For Forex Trading

This is a day end strategy which is designed to capture the explosions of the short term price in various forex markets. With this strategy you are certainly assured of getting high profits if it is implemented properly at which this can be easily done because the strategy is easy and simple to understand and learn. In a short time you will be able to set up your own target profit markets.

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The systems of Forex day trading

Traders use several systems to buy and sell currency throughout the day with the expectation that the forex or stock will rise or fall in no seconds so as to enable them to get quick profits. At times day trading systems can be a lot risky due to the case that traders may have losses in a very short period.

Forex day traders usually trade with borrowed money and this is often known as margin buying. They will be expecting to obtain very high profits through leverage.

We have outlined some facts you should understand about various day trading systems before we get in to the various trading systems available.

1. As a forex day trader you should be prepared to incur losses: Prepare yourself to incur losses: Some day traders usually suffer financial losses during their early period of trading and some will never make it to a profiteering status. Therefore this becomes clear that day traders should risk with the money that they are prepared to part away with. Day traders should never make use of money that they need for their daily living such as retirement, living expenses, mortgage, etc as this may lead to serious financial loses.

2. Adopting a trading system can be stressful and this will be a full time job: Traders should be able to monitor the movement of the markets frequently during the day. Day traders are also faced with very high costs paying their commissions, and also for training. Traders should be able to break even in their expenses.

3. Day traders usually depend on margin buying: Traders usually trade forex using borrowed money which in turn becomes a highly risky business. Several day trading strategies require the use of borrowed money so as to make profits. Therefore day traders should understand how margin works so has to benefit more from it. Traders should get to master how to enter in to the market and also how to exit the market so as to make a huge profit gain. Traders should be able to focus potential currency that is going up or down.

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A brief overview of forex index trading system

In order to briefly understand the index trading system you should first and foremost get to understand the selling and buying signals on the forex market. With any one of these signals you will be able to build a solid online business that will eventually yield great profit for you.

Technical indicators

There are various technical indicators that are used in the forex trade market. As forex traders you should be well versed with the various technical indicators that are available so as to make use of them and trade effectively.

Pattern recognition: This is used to generate several index trading signals. It shows patterns like the Support and Resistance, Double top and Double Bottom and Trend Recognition (Upward, downward and sideways). For more information you would have to understand the basic market trend analysis.

Stock market cycles: This is a very vital concept in the index trading system. This will show you how to enter and exit a trend with 75% accuracy. With this concept you will be able to get clear explanations and definitions of how an intermediate cycle works.

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The forex runner trading strategy

If you are searching for the best forex day trading strategy which is easy, simple and mechanic to use then consider The Runner Trading strategy.

This strategy will allow you to enter into new trades before other traders would have realized the new market trade. In this article we will look more into the benefits that it has got to offer. We will also briefly explain how the strategy works.

As the name says it all The Runner Trading strategy will set up a trade for you to enter before it starts to move up or run. This is a very simple and powerful strategy for day traders as it identifies each trend before other traders have realized that particular trade. With this strategy as a day trader you will place yourself on a head start from the rest of the traders.

The Runner Trading strategy is a simple application to use and it is not complex than compared to other strategies that are available. And because this strategy does not have a 100% success rate but you are guaranteed to get at least 70% success rate when you make use of this strategy. This would be a good strategy to use especially for the novice who have venture in to forex trading. It has got a detailed guide on how each trend can be entered and also when to exit the trade. It will monitor all important activities of each particular trade during the day.

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Automatic Forex Trading Software

A free and automatic forex trading software you can start with

With the use of this system you are certainly assured of financial freedom. This system is well suitable for use in the forex trading markets and it draws many traders due to its simplex use and can be used 24 hours a day.

The system has got several benefits which include;

- The making of more profit opportunities. You will no longer miss any trading opportunities and you will certainly be able to make great profits 24 hours a day.
- It will save you a lot of time at which you would not spend most of your time at the trading platform all you have to do is wait for the outcome results at the end of the day.
- The system is very simple to use and it will give you confidence in building your wealth with great ease.

Many forex brokers make use of the MetaTrader. This is free software that enables you to observe the charts of the forex trade markets and take the advantage of setting up your own codes.

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3 strategies to make the right decision on forex trading

Making the right decision on a particular trading strategy is one of the most difficult tasks for most traders. There are various strategies that are available and these include effective and sound forex trading strategies. In this article we will discus three of the various trading strategies that are available and these strategies have been proven and tested and they have delivered great results to many traders and hence these will certainly work for you effectively.

The three strategies that we will discuss are Simple Moving Average, Support and resistance levels and the Moving Average crosses.

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Forex trading software

What you will see in the forex trading software

As a trader you would have been searching everywhere for a software that would fit your needs. These trading software are complex but they really help in making your trading decisions. In this article we will try and help you on how best you are able to evaluate and chose the right software.

We will look briefly into four trading software which are Wave59 trading software, Metastock software, Omnitrader software, and The IQchart software so at to see what they offer. The four softwares are amongst one of the best trading software online.
Basically we will look at what they have got to offer to all its users.

1. Free trial facility
2. The Various Technical indicators available
3. Generating trading signals on automation

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Mechanical forex trading systems

This is one of the best techniques to draw lots of profits with the use of precision. The mechanical forex trading system is a great tool box that will eventually pull lots of profits from the various forex markets efficient and effectively.

The mechanical forex trading system has been designed with rules that capture the various forex market behaviors. The majority of all trading systems have got rules to identify the trading situations of any forex market and the mechanical forex trading system will be of great use for most traders.

With the use of this system you do not have to keep deciding when and how to pull the trigger all you have to do is place you order on the trading platform and make it execute the rest for you with great ease.

This system will also help you to understand the logic behind all trading systems and it also has additional filters that will help you identify the week markets and will highlight the optimal forex markets that you should enter and exit periodically. This will also enhance you to understand further about forex trading and you will eventually get the opportunity to decide on which trading system suits you best

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Why should you use forex gap trading policies?

Gap trading refers to an uncomplicated and regimented approach to trading and shorting forex. Basically one would be able to locate currencies that include a price break from the preceding close and observes the first hour of business to recognize the trading array. Rising higher than this range indicates a buy, and declining below it indicates a short.

What is meant by a Gap?


A gap refers to an alteration in price range between the shut and release of two successive days. Technical analysis books categorize gap patterns as Common, Continuation, Breakaway and Exhaustion. These are established after the charting system has been devised. The differentiation between any kind of gap from a different one is only discernible subsequent to the stock continuing the up or down in several fashions.

For forex trading purposes, we describe four fundamental types of gaps:

1. Full Gap Up takes place as soon as the opening cost is larger than yesterday's elevated price.
2. Full Gap Down takes place as soon as the opening cost is fewer than yesterday's stumpy price.

3. Partial Gap Up takes place while today's opening cost is superior to yesterday's lock, but not elevated than yesterday's soaring price.

4. Partial Gap Down takes place as soon as the opening cost is beneath yesterday's close, however not underneath yesterday's stumpy price.

Why should we use the rules of trading?

We should make use of a regimented array of entry as well as exit rules if we are desirous of trading the gapping currencies in a successful manner. This would help you to reduce risk. It is imperative for longer-term forex traders to comprehend the technicalities of gaps, as the short indicators can be employed as the exit gesture to trade.

Gap trading policies

Every gap type includes a long and short forex signal, describing the eight gap forex policies. The fundamental tenet of gap forex is to permit one hour subsequent to opening of the market for the currency cost to institute its range. Once a spot is penetrated, you determine and set an 8% trailing end to go out from a lengthy position, and a 4% trailing end to go out from a small position. A trailing end is just an outlet threshold that pursues the increasing price or declining price as far as short positions are concerned.

The nine principal strategies are:

1. Full Gap Up: Long
2. Full Gap Up: Short
3. Full Gap Down: Long
4. Full Gap Down: Short
5. Partial Gaps
6. Partial Gap Up: Long
7. Partial Gap Up- Short
8. Partial Gap Down- Long
9. Partial Gap Down- Short

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Forex trading Algorithm Systems

How simple forex trading algorithm systems can benefit you

The forex trading system algorithms comprises of sequential steps that make traders observe how the system manipulates, exits at stop loss, exits at profit and also to include entries. Generally these algorithms have to be coded into a computer so as to automate trade and also to implement the actual algorithm.

The forex trading system makes use of price smoothing algorithms and in this article we will focus on various price smoothing algorithms

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How to prevent bias in a forex trading system?

In most cases, traders or retail traders having the responsibility of their account are searching for a trading system which would help them to take decisions, control risk and eventually make profits. A majority of traders, all around the world, cope up with such successes and struggles, in all stock markets.

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Position sizing on your Forex trades

The good and bad effects of position sizing on your forex trades

As we have already discussed the factors that affect the design of your trading system, we can divert our attention to measurement. It is vital to understand this factor before we work on exits.

Risk is a crucial factor that is linked to positioning and a proper understanding of it is essential. What are your risks involved in every trading session, or out of the trading system?

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Classification of forex pairs

The classification of forex pairs would be an arduous task since several aspects influence every currency. It would be convenient to classify investments.


Currency pairs

Currencies are a sign of the presentation and strategies of the total financial system, self-governing governments and trade. They are the combination of aspects that would influence the modification in currency on a daily basis.

Currency distinctiveness and groups

There are expedient methods to comprehend what might manipulate a forex pair as well develop an understanding on its association with other currencies.

International trade currencies:

They are deeply subjective to alterations in the worldwide requirement for raw materials well as finished goods. A small number of them like Canadian dollar, New Zealand dollar and the Australian dollar are called as commodity currencies.


Capital flow currencies:

They are greatly inclined to alterations in requirement for investments counting equities, interest resultant investments as well as bonds. The USD, the GBP, the Swiss franc as well as euro are the most important capital-flow currencies since the markets symbolized with these currencies include the strongest and energetic banking and monetary sectors in the globe.

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Three forex trading strategies to help you in making the right decision

Making the right decision on a particular trading strategy is one of the most difficult tasks for most traders. There are various strategies that are available and these include effective and sound forex trading strategies. In this article I will discus three of the various trading strategies that are available and these strategies have been proven and tested and they have delivered great results to many traders and hence these will certainly work for you effectively.

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2 sure-fire forex trading strategies

RSI and spread betting

RSI or the Relative Strength Index is a Forex Technical Indicator which is used quite frequently by forex traders. Usually used in conjunction with other technical indicators the RSI is the normalized ratio of the up moves to the down moves. The formula for calculating RSI is the average up moves for x periods divided by the average of down moves for x periods. The value of x is set by the trader. The value of RSI is expressed in the range of 0-100. It oscillates meaning that it’s exclusive of the price data but plotted on the same chart and the value oscillated between 0 to 100.

The RSI is gives the indication of an overbought or oversold market and the market momentum to keep moving in the same direction. When using the RSI the two figures to remember are 75 and 25. If the RSI moves above 75 it is indicative of an overbought market where as an RSI that moves below 25 is indicative of an oversold market. In both cases a trend reversal can be expected. The RSI helps the forex trader to determine his next move.

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FOREX trading

The FOREX trading market offers its investors with exclusive and lucrative investing opportunities. Other factors like 24 hours open market, high leverage, commission-free trading and easy accessibility through various means of communications has helped Forex to become one of the most popularly invested financial markets. With a daily volume of about $1.2 trillion money changing hands everyday, the magnitude of Forex market is definitely one of the highest as compared to the Equities and the Futures market. So, you should educate yourself comprehensively and take advantage of this giant investment vehicle.

How can investors profit?

Indeed, the major multinational and other large banks and financial institutions have dominated FX trading (also known as Forex), but there is a paradigm shift in the nature and type of investment. According to one estimate, in the new millennium, there are over 6 million investment accounts online, compared to 1.5 million in 1997.

Accordingly, the creation of new companies in direct competition with financial institutions to investors in the new economy through technology, and the winner is the customer. The competition between the brick and mortar institutions and Internet-based companies has dramatically reduced the investment costs, and allows the investor to take control of their own investment strategy in Forex.

We know that trade is the direct access trading of currencies. In the past, currency trading was limited to large banks and institutional traders but recent technological advances have allowed small traders to take advantage of the many benefits of using Forex trading platforms for online commerce trade. Virtually all foreign exchange transactions are conducted 24 hours a day and almost 5? Days per week. In recent times, online trading has revolutionized the currency markets, making it accessible to small and medium investors.

Forex is probably the largest financial market in the world, with an average daily turnover of about $ 1.5 billion. Exchange is buying one currency and selling another. Currencies of the world are in a floating exchange rate and are always traded in pairs, for example, EUR / USD /USD / JPY and USD / INR etc.

In this new millennium, currency trading has become accessible to an individual investor or small group of investors. In the current scenario, investors take advantage of many benefits of Forex trading the stock market, futures E-mini and others. Today, most retailers are choosing foreign exchange to negotiate, because there are about 4500 securities listed on the New York Stock Exchange.

Another 3500 are listed on the NASDAQ. In the field of foreign exchange of 4 major markets, 24 hours a day, 5.5 days per week. If you are told you about 34 seconds Level currencies to examine at leisure. You can focus on the major currencies, and you can find your company. When you invest in currencies, you can spend your afternoon on the golf course with your spouse or watching a movie or the celebration of festivals in short, easy and no problem of stocks future of the market.

Not only is it accessible, easy and less capital-intensive business opportunity, but it is much more profitable to invest too much in the Forex market, both in terms of commissions and transaction fees. In general, commissions securities trading range from a minimum of $ 7.95-$ 29.95 per trade with the online brokers to over $ 100 per trade with the brokers. In this context, the securities commissions in general are directly related to the level of services offered by the broker. At the other end, brokers offer full access to research, the recommendations of securities analysts, etc. However, online Forex brokers charge significantly lower commission and transaction costs .

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