Today i will started my view in my fresh blog for a forex market.as a fresh blogger too, i would like to appologised first if i have make a mistake on my oppinion and language also because i'm not and expert in this market.
the reason i create this blog for me to track my mistake and try to understand without deleting my history
mistake in predicting forex movement.
my favourite pair is eur/usd wich is more easily predicting and not so fast movement.
i think there will be an uptrend for eur/usd next week because of greece crisis slowly solve.
now the currency will be in between 1.2500 - 1.2300. if there is support at that price, it possible will up for the next week maybe in between 1.3000-1.3500.
Thats my oppinion for next week.
Wednesday, May 12, 2010
Monday, May 3, 2010
Basic Tips to Start Trading in the Forex Market
If you are new to the currency trading, practicing with a demo account will help you in the direction of winning: Losing is a part of currency trading and there is no doubt about that. When trading currencies online you get the benefit of staying in contact with the currency market so long as you are logged online.
Fundamental analysis takes a broad look at political impacts world events natural disasters and other factors to determine a good investment. It is only natural that the majority of experienced currency traders will doubt and even disgrace the best and most popular Forex trading systems on the market. Net this site is excellent with a ton of awesome information for free as well as many links to sites that require that you pay a fee for the ongoing information they will give you. Not only do these programs take the learning curve out of currency trading but they work to effectively trade for you without your slightest intervention required around the clock which is a major bonus which no other human trader can touch given the 24/5 nature of the market. Some public investors jump into Forex as they see the opportunity like the bright lights of the Vegas strip.
The two currency trading software systems I believe are the best available and the ones I use everyday are called FAP Turbo and Forex MegaDroid. More recently the foreign exchange programs market has seen a new breed of a select couple of automated programs, which focus entirely on investing in solely lower risk/reward trades. See more on Forex Country Interest Charts. Understanding foreign exchange trading also means you have to be prepared to work around the clock. In order to provide conversions for billing many companies opt to use the rate of exchange as of the day that the goods and services are actually billed even if the actual usage took place earlier in the month. These programs are often called robots and there are some advantages to using them instead of trading yourself.
If it doesn't I will simply acquire the new leader. It puts you in the driver's seat and makes you feel like you are more in control. The author suggests that before you invest into this you should first be sure that the information you are using is credible. Why? Because in the exchange rate a trader will know if it is the right time to sell or buy a stock to gain the most.
People will always be taken in by sure fire trading systems and artificial intelligence systems for a couple of hundred of dollars is yet another but trade them and you will lose money. 5 % of daily volumes consist of Government and commercial currency conversions the other 95% is made up of speculation and trading. See more on Canadian Currency Exchange Locations. Working with another professional is always a great way to expand your horizons. This means each transaction carried out between 2 parties is negotiated at that time. In simplest terms an arbitrager may sell when the carry cost he or she can collect is at a premium to the actual carry cost of the contract sold.
Comparing MegaDroid Vs. FAP Turbo: Reviews on Megadroid Forex Trading Robot with US Patented RCTPA Technology, making it able to predict with advanced accuracy of up to 99%. See Forex Megadroid Review
Get Enhanced Version: Forex Megadroid Settings Trading Robot
Article Source: http://EzineArticles.com/?expert=Aaron_Bruce_J._Malten
Fundamental analysis takes a broad look at political impacts world events natural disasters and other factors to determine a good investment. It is only natural that the majority of experienced currency traders will doubt and even disgrace the best and most popular Forex trading systems on the market. Net this site is excellent with a ton of awesome information for free as well as many links to sites that require that you pay a fee for the ongoing information they will give you. Not only do these programs take the learning curve out of currency trading but they work to effectively trade for you without your slightest intervention required around the clock which is a major bonus which no other human trader can touch given the 24/5 nature of the market. Some public investors jump into Forex as they see the opportunity like the bright lights of the Vegas strip.
The two currency trading software systems I believe are the best available and the ones I use everyday are called FAP Turbo and Forex MegaDroid. More recently the foreign exchange programs market has seen a new breed of a select couple of automated programs, which focus entirely on investing in solely lower risk/reward trades. See more on Forex Country Interest Charts. Understanding foreign exchange trading also means you have to be prepared to work around the clock. In order to provide conversions for billing many companies opt to use the rate of exchange as of the day that the goods and services are actually billed even if the actual usage took place earlier in the month. These programs are often called robots and there are some advantages to using them instead of trading yourself.
If it doesn't I will simply acquire the new leader. It puts you in the driver's seat and makes you feel like you are more in control. The author suggests that before you invest into this you should first be sure that the information you are using is credible. Why? Because in the exchange rate a trader will know if it is the right time to sell or buy a stock to gain the most.
People will always be taken in by sure fire trading systems and artificial intelligence systems for a couple of hundred of dollars is yet another but trade them and you will lose money. 5 % of daily volumes consist of Government and commercial currency conversions the other 95% is made up of speculation and trading. See more on Canadian Currency Exchange Locations. Working with another professional is always a great way to expand your horizons. This means each transaction carried out between 2 parties is negotiated at that time. In simplest terms an arbitrager may sell when the carry cost he or she can collect is at a premium to the actual carry cost of the contract sold.
Comparing MegaDroid Vs. FAP Turbo: Reviews on Megadroid Forex Trading Robot with US Patented RCTPA Technology, making it able to predict with advanced accuracy of up to 99%. See Forex Megadroid Review
Get Enhanced Version: Forex Megadroid Settings Trading Robot
Article Source: http://EzineArticles.com/?expert=Aaron_Bruce_J._Malten
Forex Trading Tutorial - Learn the Basics of the Forex Market Before You Make a Trade
It's a smart move to be looking into Forex trading! Learning how to become a trader is a fantastic way to make a living. Find the best Forex trading tutorial information is important. Let's take a look at the Forex market now.
The world's largest market is the Forex. Trillions of dollars are exchanged per day. The size is truly incredible. The transactions taking place every hour is mind-boggling. This goes on 24 hours a day.
The Foreign Exchange is completely virtual. There are no trading floors like you've seen on TV or in the movies. The market is accessed by people from around the globe that are individual traders, bank representatives and government officials.
The Forex is a system where currencies are exchanged. If you've ever traveled outside your country, you've probably went to a local bank and exchanged your country's currency for the one you were headed to. This is the same concept on the Forex.
Even though there are a ridiculous amount of transactions happening every day, watching the price action on charts is like watching paint dry. There are a few points in every trading day where price will get volatile and move up and down a bit more. These volatile points are key times to make some serious money.
Some traders use manual techniques to try and predict the direction of price at these volatile times. Others like me use sophisticated software to do this for us. This is the best trading strategy in my opinion and the opinion of thousands of other successful home traders.
There are some similarities with this market and the stock market. You buy and sell currency pairs like you would a stock. This market, however, is open 24 hours a day, 6 days a week. The stock market is open 9:30AM to 4:00PM EST.
There's no "big brother" governing body that monitors the Forex. It is truly a free enterprise. Without the interference of large powerful groups, the market is allowed to move naturally. This is very important as technical analysis works best when supply and demand are able to flow without inference and manipulation. Insiders have really made it difficult to trade the stock market due to unfair advantages. This is one major reason why so many are flocking to the Forex market.
There you have it, a quick Forex trading tutorial. Your next step should be to find a trading strategy that makes consistent money for you.
Hector Breton's passion is trading and discussing topics like taking a Forex trading tutorial. Find out what he recommends as the only proven method to trade at http://www.automatedforexsystemtradingblog.com.
Article Source: http://EzineArticles.com/?expert=Hector_Breton
The world's largest market is the Forex. Trillions of dollars are exchanged per day. The size is truly incredible. The transactions taking place every hour is mind-boggling. This goes on 24 hours a day.
The Foreign Exchange is completely virtual. There are no trading floors like you've seen on TV or in the movies. The market is accessed by people from around the globe that are individual traders, bank representatives and government officials.
The Forex is a system where currencies are exchanged. If you've ever traveled outside your country, you've probably went to a local bank and exchanged your country's currency for the one you were headed to. This is the same concept on the Forex.
Even though there are a ridiculous amount of transactions happening every day, watching the price action on charts is like watching paint dry. There are a few points in every trading day where price will get volatile and move up and down a bit more. These volatile points are key times to make some serious money.
Some traders use manual techniques to try and predict the direction of price at these volatile times. Others like me use sophisticated software to do this for us. This is the best trading strategy in my opinion and the opinion of thousands of other successful home traders.
There are some similarities with this market and the stock market. You buy and sell currency pairs like you would a stock. This market, however, is open 24 hours a day, 6 days a week. The stock market is open 9:30AM to 4:00PM EST.
There's no "big brother" governing body that monitors the Forex. It is truly a free enterprise. Without the interference of large powerful groups, the market is allowed to move naturally. This is very important as technical analysis works best when supply and demand are able to flow without inference and manipulation. Insiders have really made it difficult to trade the stock market due to unfair advantages. This is one major reason why so many are flocking to the Forex market.
There you have it, a quick Forex trading tutorial. Your next step should be to find a trading strategy that makes consistent money for you.
Hector Breton's passion is trading and discussing topics like taking a Forex trading tutorial. Find out what he recommends as the only proven method to trade at http://www.automatedforexsystemtradingblog.com.
Article Source: http://EzineArticles.com/?expert=Hector_Breton
Saturday, May 1, 2010
FOREX (Foreign Exchange Market)
The forex market is all about trading between countries, the currencies of those countries and the timing of investing in certain currencies. The FX market is trading between counties, usually completed with a broker or a financial company. Many people are involved in forex trading, which is similar to stock market trading, but FX trading is completed on a much larger overall scale. Much of the trading does take place between banks, governments, brokers and a small amount of trades will take place in retail settings where the average person involved in trading is known as a spectator. Financial market and financial conditions are making the forex market trading go up and down daily. Millions are traded on a daily basis between many of the largest countries and this is going to include some amount of trading in smaller countries as well.From the studies over the years, most trades in the forex market are done between banks and this is called interbank. Banks make up about 50 percent of the trading in the forex market. So, if banks are widely using this method to make money for stockholders and for their own bettering of business, you know the money must be there for the smaller investor, the fund mangers to use to increase the amount of interest paid to accounts. Banks trade money daily to increase the amount of money they hold. Overnight a bank will invest millions in forex markets, and then the next day make that money available to the public in their savings, checking accounts and etc.Commercial companies are also trading more often in the forex markets. The commercial companies such as Deutsche bank, UBS, Citigroup, and others such as HSBC, Braclays, Merrill Lynch, JP Morgan Chase, and still others such as Goldman Sachs, ABN Amro, Morgan Stanley, and so on are actively trading in the forex markets to increase wealth of stock holders. Many smaller companies may not be involved in the forex markets as extensively as some large companies are but the options are stil there.Central banks are the banks that hold international roles in the foreign markets. The supply of money, the availability of money, and the interest rates are controlled by central banks. Central banks play a large role in the forex trading, and are located in Tokyo, New York and in London. These are not the only central locations for forex trading but these are among the very largest involved in this market strategy. Sometimes banks, commercial investors and the central banks will have large losses, and this in turn is passed on to investors. Other times, the investors and banks will have huge gains.Different currency rates happen and change every day. What the value of the dollar may be one day could be higher or lower the next. The trading on the forex market is one that you have to watch closely or if you are investing huge amounts of money, you could lose large amounts of money. The main trading areas for forex, happens in Tokyo, in London and in New York, but there are also many other locations around the world where forex trading does take place.The most heavily traded currencies are those that include (in no particular order) the Australian dollar, the Swiss franc, the British pound sterling, the Japanese yen, the Eurozone eruo, and the United States dollar. You can trade any one currency against another and you can trade from that currency to another currency to build up additional money and interest daily.The areas where forex trading is taking place will open and close, and the next will open and close. This is seen also in the stock exchanges from around the world, as different time zones are processing order and trading during different time frames. The results of any forex trading in one country could have results and differences in what happens in additional forex markets as the countries take turns opening and closing with the time zones. Exchange rates are going to vary from forex trade to forex trade, and if you are a broker, or if you are learning about the forex markets you want to know what the rates are on a given day before making any trades.The stock market Is generally based on products, prices, and other factors within businesses that will change the price of stocks. If someone knows what is going to happened before the general public, it is often known as inside trading, using business secrets to buy stocks and make money - which by the way is illegal. There is very little, if any at all inside information in the forex trading markets. The monetary trades, buys and sells are all a part of the forex market but very little is based on business secrets, but more on the value of the economy, the currency and such of a country at that time.Every currency that is traded on the forex market does have a three letter code associated with that currency so there is no misunderstanding about which currency or which country one is investing with at the time. The eruo is the EUR and the US dollar is known as the USD. The British pound is the GBP and the Japanese yen is known as the JPY. If you are interested in contacting a broker and becoming involved in the forex markets you can find many online where you can review the company information and transactions before processing and becoming involved in the forex markets.
About the Author
If you are new to the forex market, it is important to realize there is no one person or one bank that controls all the trades that occur in the forex markets. To find out more visit http://www.your1stopbuzz.com/ and click Forex MegadDroid
Article Source: http://www.forexarticlecollection.com/
About the Author
If you are new to the forex market, it is important to realize there is no one person or one bank that controls all the trades that occur in the forex markets. To find out more visit http://www.your1stopbuzz.com/ and click Forex MegadDroid
Article Source: http://www.forexarticlecollection.com/
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