Wednesday 7 July 2010

Canadian Dollar Gains with Rebound on Global Markets



The Canadian dollar today against the U.S. counterpart and a few other currencies than the growth in global supplies and using the products increases the attractiveness of the growth-related currencies.

The loonie, as Canada's currency is commonly nicknamed because of the image of the waterfowl on the C $ 1 coin, the coin, which is linked to growth, the tendency to rise and fall with the stock and commodity prices . Therefore, today's rebound in the global markets is positive for the currency. September futures for copper as much as 1.9 percent. The MSCI World Index up 1.7 percent.

USD / CAD traded at 1.0541 around 22:41 GMT today as when it opened at 1.0629. EUR / CAD dropped to 1.3302 from the opening level of 1.3326.

The Canadian currency weakened earlier in the concern about the possibility of so-called double-dip recession. Now watch this fear exaggerated.

3 Most Important Forex Fundamental Indicators

There are many fundamental indicators available to the Forex traders today. If you count all of them only for the major currency pairs you’ll get more than a hundred distinct indicators — macroeconomic, monetary, economical, financial, weather-based, etc. For many traders it’s difficult to follow all of them, as it requires time and efforts in addition to the necessity to learn about the effect of all these fundamental indicators on various currency pairs. This article lists 3 most important (in my humble opinion) fundamental indicators that have the highest impact on the currency rates and are quite easy to follow as they are reported not so often.

* GDP or Gross Domestic Product is the main indicator of the macroeconomic strength of the country. The growth of GDP signals a stronger economy and a more competitive currency because the global investors will have to buy this currency in order to invest in this country, and they will want to invest in it because its economy is growing. GDP reports are usually published quarterly but they have three states of revision (advance, preliminary and final) published with the monthly intervals. GDP strongly affects currency pairs both in short-term and long-term. You’ll have a trading opportunity during the time of the release, as the volatility spikes up, and you’ll be able to adapt your long-term positions to the new data after the release.

* Interest Rates are set by the world’s central banks and are the main tools of the monetary regulation. Higher interest rates provide more value to the affected currency, while the lower interest rates decrease the value of the currency. Interest rates are usually revised every month or two during the special monetary policy meetings of the central banks. Interest rate decisions greatly depend on the growth of GDP and other macroeconomic indicators. Currency pairs react with the high volatility to the unexpected interest rate changes. It’s important to monitor the trends in the interest rates to forecast the long-term trends of the traded currencies.

* Unemployment Rates are influential indicators both for currency traders and for the monetary authorities when they set the interest rates. Non-farm payrolls are considered to be the most important of the unemployment indicators in USA and they are released monthly. Major currencies usually react with the short-term tendencies to such releases. Weekly reports on jobless claims can also be considered but they aren’t as influential.

In many cases it’s enough to be up to date with these fundamental indicators to understand the possible market trends in Forex. But, of course, if you wish to get a more detailed picture you shouldn’t limit yourself only with these indicators, especially if you pose yourself as a pure fundamental currency trader.

5 Reasons to Use Forex VPS

Installing your trading system on a dedicated server with a full-time connection to the trading server and no need to reboot, restart or be turned off is a great advantage that can seriously enhance your profit results. If you trade with MetaTrader expert advisors there is a great selection of VPS services available for you — starting from as little as $9/month they can guarantee you a 99.9% uptime of your trading robot. This is a list of 5 main reasons to use Forex VPS:

1---Uninterrupted 24/7 run-time of your expert advisor ensures that it uses all the trading signals. You won’t miss any opportunities. Your EA will be also able to close other positions on time and won’t need to store its internal variables in a file to load them after restart — there’s simply no need for it to restart during trading sessions.

2---No need to run the expert advisor from your home or office PC. Now that your expert advisor is trading on a real account from a VPS, you can stop running your MetaTrader platform all the time. You can also safely reboot your PC and turn it off when you don’t use it. And there is no more stress when suddenly you get some critical software error.

3---Because VPS is a dedicated server that runs only your trading platform and EA, it can have a much better performance, processing the incoming data and sending orders much faster than your own PC could do. That can really help to get better quotes, deal with the requotes and use scalping systems.


4---You can choose a VPS, which is located physically close to your Forex broker’s trading server, ensuring even faster connection and order execution. For example, if you trade from New Zealand and your broker is located in United States you’ll always have some network latency due to the distance. But installing your EA on a VPS, which is hosted in U.S., will remove this latency.

5---Usually, VPS can be accessed anywhere from any computer. So, if you travel a lot you won’t need to move your expert advisor from your PC to your notebook or some mobile device. Your EA will always remain on VPS and you will be able to control and monitor it by logging into your VPS control panel from any place with a connection to internet.

Of course, your EA should be a profitable one and your monthly profit should be high enough to cover the cost of the VPS or otherwise there is no point in using it. You can also use VPS hosting for demo testing your EAs but that’s quite an expensive endeavor. If you have any questions or opinions please, use the commentary form below.

AN EYE ON AUDUSD

AU manage to hold its level when both EU and GU fall down dramatically. Do look at the daily chart to see what I mean.

Some of your might not understand what it means and so do I :) Dont worry, the longer you are in Forex the more info you will filter out. This is coz some things are not worth understanding.

The reason I am pointing this out is when a pair is making a stand like AU, you can actually use it to your advantage. Advantages such as:

1. The next time AU decide to fall down there is a high probability the EU and GU will crash but there is a limit to everything.

2. The next time EU and GU start to climb, AU will fly.

Keep that in mind coz I do. I am waiting for the AU to fall or fly.

NEXT UP EURGBP

EurGbp is going up so those of you who have the guts do buy EG at every dip refer to chart 1H or lower to view.

I got lots of email and calls asking me about the secret of forex and how to trade. What if I tell you the answer is not as u expected it to be. Some people even rejected the answer when I told them.


I dont blame them. When I found the answer I feel like Im going to cry. Its hard to accept something the logical mind cannot understand. In the mean time, take it slow and enjoy the ride.


People say seeing is believing. 2 post already TP. Another 1 more for weeks to come. Forgot to mention. Possible retrace at the price in the picture. So TP at will reentry on next low.

ITS NOT PIPS BUT PROFIT IN FOREX

You can actually tell if someone is new in Forex by the way they count their pips or profit. When people starts forex they count pips. They can have hundreds of pips a day and yet their profit is low. This is due to the low risk reward ratio they have taken.

Once you are older in Forex, you will see the ratio. No point of taking hundreds of pips when the profit is low. So you start to take high risk high return trade. These trades do not give you high pips but the profit margin is high.

That is how money is to be made in Forex. You actually manage your risk and take profit from it. For today as of now, I already taken 3 trades. 2 profit trades and 1 lost trade. My account grows 37%. Not bad for a slow Monday.

For the answer to Forex, once you know it you will feel helpless. No matter how smart or brilliant you are it counts for absolutely nothing here. I have Banking and IT qualification. Did that help me? 2 different qualification did not help me one bit here. Made me want to cry when I found it out.

Hunt pips but count profit. Good Luck

EURGBP CONNECTION

Here is a homework for some of you. Your task is to find the connection between EurGbp with Eur pairs (EurUsd, EurJpy) and Gbp (GbpUsd, GbpJpy) pairs. You can post in comments about your findings so that we can discuss. Discussion is always a good learning method since you are required to think and not spoon fed.

EURUSD has finally reached its top. Entry point for me is between 1.3450 - 1.3500. You can find a suitable entry point or wait for the pair to really go down and take your entry. At the moment that entry is still a high risk entry. I am giving an early heads up so you guys can prepare.

Btw dont post link or whatever you want to promote in comments. I will not allow it and there is no such thing as 100% accurate forex signal. When are you guys gonna get it. There is no such thing as 100% in life.

EURGBP DROP

Yesterday I wrote about EG connection. Guess what, I took the whole EG drop and run away with it. Right now all live post on EG is closed, profit in the bag :).

I was so confident on EG drop I was betting 50% of my capital on it on 1 post only. Quiet a risk and really worth it. I feel like I just won a horse race :))

EU still up there and there is a killer spike up to 1.3537. Atm I on sideline watching for opportunity.

Fing lol email me on your progress. Really like to hear how you are doing.

FOREX 4TH ANNIVERSARY

Today marks the end of 4th year I am in Forex and I am still here. Most of the friends that I know trade has already stop. It must mean something to stay here for so long when most people quit. Its either I am really stubborn or I am not losing money. Which one you think?
After 3 days of demo trading I got over 25k of profit from 10k max lot trading. Its over 250pip net profit. Not bad for a part time trader and a 7th place so far. I dont think I can be number 1 coz of limited time I trade. Its a good progress, it shows where I am after 4 years. How about you?

A BASIC SYSTEM - 10/05/10

I posted a basic system before with a chart of GbpUsd. Now I am going to use the same system and post the same pairs again.

Now GbpUsd has cross above LWMA55 and Macd has cross also. This is a new signal. So from now on only consider long position on GbpUsd. Btw anyone notice the price on this chart with the one i posted earlier?

Someone posted trade details. It seems the way I am trading will make me go bankrupt. All I can say is you dont have the idea what Forex is. Maybe I may not know how to handle the current market but my demo account has no drawdown. Maybe its coz im lucky. I just dont know.
I have stop trading the demo on marketiva. For $30 for the monthly winner. It is just a waste of time (Now I am going to reverse trade it). Instead I go for Instaforex forex sniper. Prize money is $1500 for weekly winner. Check out the banner on top.

OVERCOMPLICATED TRADING

Human tends to over-complicate things. It is in our nature to try and improve what we have but most of the time we overcomplicated things and forget about the simple solution.

In my previous post, I posted a chart of a basic system. It consist of candle stick chart, moving average and macd. Only 3 indicators and it is a very simple system rite?

The answer is, it is not so simple actually. Candle stick alone tell you 4 things that is, open, close, high and low price. MA tells you direction of trend, entry point, start and end of trend. Macd tell you trend, entry point, reversal point.

From only 3 indicators there are actually 11 information cramp into that small chart. Too much info and decision making is a hard job. Though i filter comments, no one has actually ask about the amount of information on chart. It seems people can accept 11 information at once. Can you manage 11 input at once and make a decision out of it??

Trading is actually much simpler. It is actually possible to make profit with only 1 information. Believe it or not??

Tuesday 6 July 2010

Resolve To Tackle Crisis


ROME -(Dow Jones)- U.S. Treasury Secretary Timothy Geithner returns from his first official Group of Seven meeting with a sense that his call for more aggressive action to address the economic crisis is being heard.
Geithner arrived urging bolder action from his counterparts, using the U.S. stimulus package now awaiting President Barack Obama’s signature and a revamped plan to revive the banking system to back up his argument.

Forex Trading Platform For Mac


Like many people I am sure you are interested to know more about Forex trading. To put it bluntly Forex trading can be either one the best ways to make or lose LOTS of money. Only those who take the Forex market seriously will be able to make money with it in the long term.
The Forex trading market is beyond a doubt the world’s largest market where all exchanges happen instantaneously. Thus, trades are a key challenge for even the most knowledgeable Forex bankers and traders. They have to learn and consider many factors before performing even a single trade.

Thinking of trying your Luck in the Forex Market

The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or “FX” or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of over $2 trillion a day. Compare that to the $25 billion a day volume that the New York Stock Exchange trades. Making money in such a market should be easy, right? Not necessarily. But it can be done. And with the advent of the internet, its now more easier than ever for the average person to get involved in speculative forex trading. In the past, forex trades had to be carried out through a broker and the initial requirement was that you could trade only if you had about ten to fifty million dollars to start with! Today, carrying out a trade can be done by anyone from the comfort of your home or in front of any pc with internet access using an online trading account.

Forex Money Signal


Forex trading has potential rewards, but also potential risks. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. Do not trade money you can not afford to lose. Nothing in our website content shall be deemed a solicitation or an offer to Buy/sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those presented on our website

Forex Tester - Professional Forex Training Software for Traders


Forex Tester is a professional software simulator of the Foreign Exchange Market. It allows you to gain and improve trading skills without risking your money. You do not need to train in real time, waiting for days and weeks to test your trading ideas and strategies, Forex Tester will pack this time in hours and minutes

Begin making money with FOREX


ANYONE can profit from the forex funnel system even with no knowledge and no trading experience, this is the money you have already missed out on by not getting the forex funnel system earlier. DONT WAIT ANY LONGER

In recent years, there are many people are involved in forex trading. Do you know what forex trading is ? Have you ever saw trading on the stock mark


In recent years, there are many people are involved in forex trading. Do you know what forex trading is ? Have you ever saw trading on the stock market? OK, Forex trading is just quite similar with that and in this field we make a deals with trading currencies amongst different countries which is usually done with a financial institution or a broker.

Forex TDNG

This is purely for my enjoyment. This is what I love to do so displaying here only shows that I really do enjoy trading. Let me know if you are interested in understanding all these charts and figures.

Advantages and disadvantages of a demo account in Forex Trading


Many brokers in the Forex trading offer a demo account to their clients to ensure a smooth business in foreign trading. This is a kind of account that uses fake currencies and it is used to conduct virtual trades. You can avail this demo account for absolutely free.

There are many advantages of having a demo account in Forex trading. The most important benefit is that it shows conditions of the real market. In most cases, the brokers will open this demo account for their clients for a month, but there are other brokers who are often generous to the clients and keep this account open for as long as they want. This is of course to create an impression that the brokers are not just after money, but in fact they want to offer some genuine services as well to their clients.

Jaws Drop


Well, I'm about to tell you just how you can do that - and put an endless stream of money into your pocket... week after week... like clockwork

What is Forex Trading?

I'm guessing that if you're reading this page you probably have an idea of what forex trading, and in particular automated forex trading systems are. However, since forex trading is a relatively new concept to most people, let me clear up some potential misunderstandings

ABOUT THE ONLINE FOREX TRAINING

As you will see by following my online forex trading blog, my years of experience in Forex trading and Forex platform operation, parallel to Forex education, including seminars, printed publications and academic studies, will help you succeed in Forex too.

It's my goal that my experience be passed on to provide all levels of forex traders the training and the essentials of Forex trading. With the help of my Online Forex Trading Blog, you will soon be ready to start trading Forex and making all the money you deserve. In fact, you can even start today, while beginning with small amounts and gradually obtaining the experience you need.
I wish you success in your forex trading, and hope you find my Online Forex Trading Blog interesting, helpful and enjoyable.

Another Fap Turbo Review

There are plenty of ‘ Forex trading robot ‘ in the market. These forex robots provide a solution for people who want to trade the forex market with no human intervention.Fap Turbo robot is the latest and one of the best forex trading robot or software .

What Is FOREX and Forex Trading


Forex is an acronym for "foreign exchange," and involves trading pairs of currencies, i.e., buying one currency and selling the other in a single transaction. For example, USD/JPY is buy US dollar/sell Japanese yen. In this case, you expect the dollar to appreciate versus the yen, the yen to depreciate against the dollar, or both. The latter situation, of course, is ideal.

FOREX Resources



The aim of Forex trading is to make profit with increasing or decreasing currency prices. A trade is place when you expect the value of a specific currency to increase. In a currency pair, when the currency you buy increases, you must sell the other currency to make a profit. An open trade, or open position, this a trade in which you have already bought or sold a currency pair, but have not yet bought back an the same amount. The five most popular currency pairs in Forex at the moment are USD/Yen, Euro/Yen, Pound/USD, Swiss franc/USD, and the Euro/USD.

Forex Trading Signals.


Provides you with an introduction and successful currency trading in Forex market. We give you a wide range of instruments and forex trading resources required for this purpose. We collect only the best forex training sites, the best forex brokers, and the best forex signal. Here you can find a lot of useful information, which can help you to achieve profit goals in online currency trading. Great opportunity for market research by forex traders. Use it in your work! Free Signal for trading, Forex signal, Trade guide to signal.

skip to main skip to sidebar forex Monday, May 11, 2009 Extremely Liquid Market


With daily traded volume of up to 2.5 trillion on a single day, Forex market is extremely liquid. Concerns should be only limited to whether your market view is correct. If the price level you wish to trade is the current market rate, you can be assured that your order will be completely filled. No worries on partial fill or market depth, due to the high daily traded volume. Trade the currency at your desired price.
Being the largest financial market, you can be rest assured that there will be no manipulation to the market as no single entity can manipulate the market in any direction.

Ten Tips on How to Lose Nothing in Forex


M­­any thing­­ has­­ b­e­e­n s­­aid ab­o­­ut F­o­­r­e­x­ b­ut o­­ne­ thing­­ that r­e­lative­ly c­o­­m­­e­s­­ to­­ m­­ind w­he­n w­e­ talk­ o­­f­ F­o­­r­e­x­ is­­ ho­­w­ r`s­­k­y it is­­? C­an o­­ne­ tr­ade­ F­o­­r­e­x­ w­itho­­ut any lo­­s­­s­­? this­­ is­­ a m­­illio­­n do­­llar­ que­s­­tio­­n. Altho­­ug­­h o­­ne­ w­ill s­­ay it is­­ no­­t p­o­­s­­s­­ib­le­ to­­ tr­ade­ F­o­­r­e­x­ w­itho­­ut lo­­s­­ing­­. E­as­­y F­o­­r­e­x­ tr­ading­­ c­an .

Forex Trading Systems


Here you will find a big selection of trading systems, remember there is a trading system for each type of trader.No one system can work for every Body, so take your time and go threw the products and find the one that is right for you.

Personal Finance


If you are constantly surfing the net for the right Forex strategy and do not know which training course to attend to get the best hands-down knowledge abut this business, you are reading the right article for finding the right answers. The first step to get started with Forex trading is to decide on the amount of investing money and then decide on the most cost-effective training program to help you get

Forex Optimizer


Absolutely new revolutionary trade platform, is intended both for beginners, and for the tempered traders of Forex. Beginners can study market Forex, using a simulator, not risking the capitals and not being connected to the Internet. For more skilled traders Forex Optimizer allows to create and optimize trade strategy, not having knowledge in programming to operate (to make trading operations) the real account of the broker. The platform can offer professionals greater functionality for application of the strategy and methods of trade in market Forex

The Optimal Engine for Currency Trading

As traditional inter-bank, over-the-counter phone trading gives way to a transparent, efficient global Forex market, Fortex is paving the way to electronic foreign exchange trading with Fortex FX. Fortex FX unifies execution venues across the globe and aggregates segmented liquidity pools to provide Forex traders with real-time quotes and execution capabilities. The platform’s unique artificial intelligence (AI) engine delivers Straight-Through Processing (STP) without human intervention—speeding execution, enabling 24x7x365 trading, and reducing execution costs. A highly intuitive interface supports the most sophisticated currency trading strategies and analysis to keep you in front of moving markets

NAWKY


Do you see the potential to profit from trading currencies, but learning to trade just seems too intimidating? Have you watched enthusiastically to the recent crash of the dollar, but simply do not know how to go about trading?

MANAGED FOREX ACCOUNTS


Discover the returns possible in the world's largest financial market,ithe off-exchange foreign currency market (Forex). Forex is where banks, corporations, and whole countries make investments. It is just over the past few years that private investors, such as yourself, have been getting more involved with these opportunities. A managed Forex account gives an investor who cannot watch the market 24 hours a day the chance to participate in the world's largest market - Forex. These accounts are an ideal consideration for those who prefer to have their capital managed by professionals. Studies of professionally managed Forex accounts have often shown high returns not related to the performance of the stock market. Consequently, allocating a portion of an investment portfolio to a Forex managed account can be a great way to enhance the overall performance of your portfolio, independently of what the stock markets are doing

FOREX for Noobs


These ideas presented in this eBook are intended for the intermediate forex traders who want to extend themselves and want to progress to the next level.

Is Trading Price Action Really Difficult to Do?


Trading price action may be a completely new concept to some traders. While to other traders, the concept may seem incredibly difficult to grasp. It's funny because trading price action is so incredibly simple when you compare it to what most traders

Financial Gold - Coinage, Bullion, Currency Backing


Some early printings of paper money were backed by gold held in safe keeping for every unit of money that was placed in circulation. The United States once used a "gold standard" and maintained a stockpile of gold to back every dollar in circulation. Under this gold standard, any person could present paper currency to the government and demand in exchange an equal value of gold. The gold standard was once used by many nations but it eventually became too cumbersome and is no longer used by any nation.

About Finance


I have been doing Forex Trading for the past 3 years and making a lot of money from it. I’ve tried a lot of forex softwares and e-books but they were very bad and it didn’t help me much but the last two that i have tried and still running them are:
Forex-Killer
Doubling Stocks
I’m running these two upfront and making a lot of money from them.

MJHT MILEY JAB HUM TUM '' RINGTONES ''


Star One's New Serial Miley Jab Hum Tum-Wallpapers


INTRODUCTION:.....
The coolest kids in Mumbai are all jet set to heat up this winter with zest, energy and oodles of fun… while the horizon is set ablaze for them with hopes and aspirations, circumstances seem to eclipse them when Diya (the college diva) finds out that she needs to host two cousins… cousins as in "small towners.… and that is so NOT HAPPENING!
Mumbai has been their Utopia and their march towards it has just begun. The glass domes and glass bubbles they envisioned are about to become real. Gunjan and Nupur are about to float on to the blissfully everlasting wondrous mists that engulf city of dreams for million Indians and while Gunjan wants to cautiously wet her feet into the water before plunging in; Nupur cant wait to dive in to this sea of opportunities.

Where the sisters are awaiting the challenge of the big city, we see Diya along with her brother Uday gearing up to ensure that this dive is one the sisters will never forget and may be even live to regret. And a gang of youngsters are seen planning a welcome for these unassuming sisters.
The mild and reclusive Gunjan will venture out to find a special place for herself in a congested world and find herself increasingly attracted towards the one guy she fears... the one guy the entire college loves... the one guy who becomes the bone of contention between her cousin Diya and her... the one guy for every girl and woman: Samrat!
For Nupur it is a journey that imposes a reality check on the way she views life. A shattering of the bubbly and vivacious façade that aims to keep every one happy... for Nupur it is meeting Mayank, which truly is the fusion of fire and ice... of the need for balance in one's life. For nupur it is about learning to love the man she abhors.

This series presents a spectacular journey for all. For some of us who driven down the lanes of insecurities - first love, heart breaks, dreams and ambitions - and for some of us it is a glimpse into what lies ahead on the road yet to be taken.