Forex...

Fair enough question to posit. Is this a foreign exchange currency trading rip-off or a legitimate forex opportunity? Well, in examining that question, I would like to focus on several key points.

Off the bat, I appreciate the fact that the creators of this service didn’t tread down the old ebook trail. If you’re a beginner in currency trading, an ebook, even a good one, can prove worthless. This is simply because the Foreign Exchange Market can be a lot to digest, and you can easily get lost when your only guide is stale, lifeless ebook.

Forex Ambush, on the other hand, eliminates human error in spotting trades completely. It tells which trades to make on a continual basis. It doesn’t just weakly guide you, it directs straight toward the right moves.

Types of investing and the present vacuity of common sense

I’m looking at a performance chart of an MIT graduate/ Actuary/ a couple other things, and I recognize his returns have been almost identical to the S&P500. This is typical for an optimized system and everyone including the largest banks in the world use this concept to some degree. You’ll see in the next year that only small investors use these models because they are destined to fail as soon as the market turns. Conventional wisdom tells us the market trends 20% of the time but if you zoom out to the weekly or monthly chart there should be a trend in place at all times and an optimized system will realize that trend by taking more longs during a long trend and more shorts during a short trend. The result is when the trend changes you take losses on the optimized system. Depending when these characters begin their optimizations they will take their losses at different times. People who are optimizing for the market selloff beginning this year are heavy short and when the market recovers they will be heavy losers until they pull the plug. My prediction that firms will wisen up should be hastened by the next market turn. These guys are scrambling to reoptimize their systems or their systems are auto reoptimizing and they are becoming geared more to the short side of things so when the market rolls to the long side they will begin taking losses as the S&P begins to recover and their investors will not stand for it.The recent craze of data mining and optimization is nearly over. As with any industry a proliferation and subsequent wash out period must exist. The fact of the matter still remains in trading that a farmer can trade as well as an MIT graduate and I would venture to guess the farmers would out trade the MIT’rs most of the time. My rational for this presumption is simple. While the fools tell you gold is going to $5000 the common sense farmers will tell you if gold goes to $5000 then my corn goes to $25/bushel and that is not possible. Call it what you will; the school of hard knocks, common sense, conventional wisdom. Schools don’t teach this stuff anymore. Common sense would beg the question; why send your kids to school? If common sense had an ego I would ignore its question, but as long as I’ve known common sense there has been no ego; and you know what, it’s been correct a lot more than a particular new grad program at the institute of technology in Massachusetts.

It's nice to make money. Money's green. Perhaps we should grow it for carbon credits

Hey I like making money as much as the next guy, but this new carbon trading scheme has my pants in a bunch. I’m gonna give you 10 seconds to say duh before I make you say it. Wait for it….Wait for it….Carbon trading is going to trade farm, or unused land’s positive oxygen balance for land used by oxygen negative corporations’ land. Wait for it…Wait for it…Whammo! Algae produces 70-90% of the Earth’s oxygen! Double Whammo with a reverse Whammo to reduce the impact of said Whammo or your face would have just inverted!!!!!! Echo of Whammo still going around the Earth…….If you’re not following at this point let me explain again but in more color. Carbon trading is going to trade farm land ie. grass and trees for the negative impact of manufacturing plants. Based on what I just told you we know grass and trees are a paltry component of oxygen producing organisms in this planet. Furthermore the greenies are trying to run up land prices in all corners of the world. They are advocating buying cheap land in 3rd world countries to plant grass or trees to offset the carbon emissions of developed nations. News flash! When these morons make corporations completely non viable in the USA, AU, UK, JP etc the corporations are going to move to the 3rd world countries themselves. More than likely the regulation in those countries will be more paltry than their oxygen production and the corporations will ignore all green moronic ideology.

Central Banks Defend Krona

In the early months of 2008, the Icelandic Krona continued its downward slide, ultimately losing 26% of its value. Inflation is nearing 12%, the economy is in tatters, and there is a crisis of confidence affecting the banking sector. Having already raised interest rates to 15.5%, the Bank of Iceland was out of options. Perhaps out of concern that the turmoil in Iceland would spread to continental Europe, the Central Banks of Norway, Sweden, and Denmark were impelled to act. Their assistance took the form of a swap agreement, which provides Iceland with access to €1.5 Billion in emergency funding.As soon as the news broke, the Krona appreciated nearly 5%, as some semblance of confidence in the country's still-fragile banking sector was restored. Despite the emergeny funding, Iceland is far from being in the clear. The country's national debt remains problematic, as evidenced by a recent downgrading of its credit score. If Iceland were ever to make use of the funds covered under the swap agreement, investors would probably rush for the exits and send its currency on another downward spiral. The New York Times reports:Iceland, a country accustomed to booms and busts, probably cannot escape an especially painful adjustment this time, as it digests years of heavy borrowing from abroad. Public and private economists differ mainly on the length and depth of the contraction.

UK: No rate Cuts for 2 Years

The US Federal Reserve Bank is known for ambiguity and vagueness. The Bank of England, it appears, is not trying to emulate this approach. The Bank put an end to speculation about its near-term monetary policy by announcing that it does not plan to cut interest rates for at least two years. Apparently, inflation has breached the Bank's 2% target, and its internal models are forecasting that it won't be until 2010 that price inflation returns to a more palatable rate. This is bad news for the British economy, which is in the throes of an economic downturn precipitated by the housing crisis and would surely benefit from a loosening of monetary policy. By extension, the British Pound should also suffer a "correction," as a combination of inflation and lack of suitable investment opportunities will send investors rushing for the exits. The Financial Times reports:Mr King contrasted his position – and its focus on controlling inflation – with that of Ben Bernanke of the US Federal Reserve. “We did not fall prey to the sirens to cut interest rates further as some other central banks have done,’’ he said.

Canadian Dollar Spurred by Oil

Just a few weeks ago, the Central bank of Canada aggressively cut interest rates in order to slow the spread of the US economic downturn to Canada. Accordingly, investors were quite bearish on the Canadian Dollar. With the price of oil surging, however, the Loonie has regained some of its luster, inching back towards parity with the Dollar. If commodity prices remain at current levels, Canada may avoid an economic recession. Economists have scaled back expectations that the BOC will have to continue cutting interest rates. Nonetheless, the median investor expectation is for a sustained decline in the Loonie, perhaps to $1.08 by year end. Bloomberg News reports:The loonie, as the currency is known because of the image of the bird on the one-dollar coin, has traded near parity with its U.S. counterpart this year after climbing 17 percent in 2007.

A Lot of Forex Trading Tips

Someone sent me an article yesterday, so today I’ve decided to put it up on my site. This article is called 133 Trading Tips and it really contains 133 tips on how to trade Forex. I don’t know how one could come up with so many tips to a Forex trader, but all of them really make sense (at least to me). You can read that to sum up your knowledge or to find something new to yourself, but it’s definitely worth seeing. Here I’ll list some of my favorite tips from this article:24. Be more objective and less emotional.30. Don’t trade impulsively; have a plan.47. Know why you are in the markets. To relieve boredom? To hit it big? When you can honestly answer this question, you may be on your way to successful Forex trading.58. Technical analysis is a skill that improves with experience and study. Always be a student and keep learning.64. A «buy and hold» strategy doesn’t apply in Forex trading.69. Do not overtrade.89. Cutting losses is painful for every trader. The ability to cut one’s losses in time is the sign of a seasoned trader.132. Don’t use the markets to feed your need for excitement.Posted by Дилян Дилянов at 12:56 AM

Forex Trade: Main Drawbacks of a Forex Trader

Why is it that very few traders succeed in the Forex trading environment while the grand majority of traders fail to achieve success? Although there is no hard answer to this question, there are a few things that will put you one step ahead and will definitely put the odds in your favor.The main purpose of this article is to guide you through some important aspects of Forex trading. But in a different way, instead of telling you what to do or the best way to do it, it will tell you what to avoid. Sometimes it is better to identify the main drawbacks on a discipline and then isolate them so we have the best results at a certain level of development.The search for the Holy GrailMany traders spend years and years trying to find the Holy Grail of trading. That magic indicator or set of indicators, only known by a few traders, that will make them rich in a short period of time.Fact: Well, there is no magic indicator, nor a set of indicators that will make anyone rich in a short period of time. The main reason of this is because market changes, every single moment is unique. Every Forex trading system will fail from time to time. Our work here is to find a Forex trading system that fits our personality as traders, otherwise the trader will find it hard to follow it.Looking for Easy MoneyUnfortunately most traders are attracted to the Forex market for this reason. Mainly because of the publicity showing or rather trying to show how easy is to trade and make money in the Forex market.Fact: Yes, it is very easy to trade, anyone can do it. It is as hard as one click. But the second part of it isn't that easy. Making money or achieving consistent profitable results is hard. It requires lots of education, patience, discipline, commitment, and this list could go to infinite. In a few words, it is possible to have consistent profitable results, but definitely it is not easy.

There is so much to learn when it comes to trading within the DXSynergy system.If you want my suggestion on buying and selling digots, please read on:I do not have a Merchant Account (console) because I'm not ready to make that commitment. As of writing this, there are also no Merchant accounts available. These accounts are based on supply and demand. There needs to be a fine balance between the two, so the system can thrive.IMPORTANT FACT 1: When you create a DXAccount in DXSynergy, make sure you create your DXPortfolio in the same currency. Always try and purchase the same digot symbols as your DXPortfolios base currency to avoid any currency exchange fees.IMPORTANT FACT 2: If you want to mix up digot destination purchases in one DXPortfolio, create your DXAccount and DXPortfolio in the DXG base currency. This will help save on any currency exchange fees as well.That being said, I personally do not want a DXMerchant account at this time because it requires a lot more hands-on attention that a DXPortfolio account. You must log into your console at least 3 to 4 times per day, to process transactions. You also have to tie up your funds to process these requests. Also, some people involved in transactions don't follow through in a timely manner, causing your transaction to be in the “pipeline” until the deal is done. The rewards are higher with commissions and bonuses, but there are headaches. With the Portfolio side, all we care about is buying digot and getting our TDV (Total Digot Value) to grow. I like the Portfolio side, or don’t you?

HLB unveils real time forex rates

KUALA LUMPUR: Hong Leong Bank Bhd's (HLB) wholesale banking division yesterday launched the Reuters Electronic Trading and Automated Dealing system (RET-AD) to distribute live streaming foreign exchange (forex) rates to its branches. Chief operating officer of wholesale banking Kua Wei Jin said the system had been implemented in 20 branches, mainly in the Klang Valley. During the progressive roll out in the past six months, the volume of transactions in the 20 branches had picked up, he told reporters after the launch yesterday. “Further roll-out will depend on supply and demand over two to three years,” he said. Reuters Malaysia managing director Simon Soo Hu said HLB would be among the first five major banks in Malaysia to adopt the RET-AD system. Two banks in Malaysia had gone “live”, and apart from HLB, two more banks would be coming online soon, he added. Among the system's multinational users are financial institutions such as JP Morgan and UBS. In his speech, Soo said RET-AD allowed financial institutions such as HLB and their customers to conduct real-time online foreign exchange and money market transactions. According to a Reuters estimates statement, the majority of the daily volume of foreign exchange transactions totalling US$5bil was predominantly trade related.

Was That My Forex Correction?

A few days ago I was saying that perhaps the AUDJPY would pull back after it's very fast rise up into the 71.xx range.It continued rising to somewhere around 72.80 instead. However, early last night it was bumping down around the 70.00 mark. Was that my correction?My three hour (I trade with Oanda) shows leg room all the way to 68.xx if it's thinking about correcting.That's the trick with Forex trading, you never really know whether it's done going in any particular direction or if it's just throwing you a feint.What can I say? Roll with the punches.

AUDJPY: Risk vs Opportunity

Today we see the crux of the issue.The AUDJPY has suffered a pullback. A return to recent highs gives us the possibility of a double top. A bounce off the recent low gives us the possibility of the a double bottom. There may be more complex structures at play as well, but you get the idea.This is risk point. This is an opportunity point.If you get in, say with a long position right now, you don't know if it will turn around. You don't know if the recent upward trend will survive. Sure, you'll set a stop, but you don't really want to throw money away at stops needlessly.You have to look for clues as to the market's probable direction. For example, you might notice a pattern on the candlestick chart, the stochastic, RSI, or perhaps some other indicator.I'm long term bullish, but that doesn't mean the market can't confound me long enough to relieve me of my money if I'm foolish about it. There's an opportunity out there right now. Who's going to figure out what it is and who's going to suffer a loss for it?Hey, seriously, there is no shame in staying on the sidelines and waiting for whatever signals you follow if there aren't any there now.EDIT: By the way, I see the price dropping below support, so I think we're going to see a bit of downward action before we return to optimism.

HOW TO DEPOSIT OR WITHDRAW FOREX FUND??

In Forex, you must have 1 account to deposit or withdraw Forex fund. I call this account is ''internet money''. Marketiva and LiteForex accept E-Gold, Bank Wire and Wire Transfer for deposit fund.To use it, u must register to create a new account. It's Free account* FOR E-GOLD :- it only takes a few hours to deposit You also can use this platform to start trading. Actually, in LiteForex, you can refer for currency moving graph more clearly and can added a additional indicator and withdraw a money (1-24 hours)

In Forex Trust Yourself

When you turn on the TV (especially mainstream media) you are inundated with news of the demise of the dollar. Business news, national news and even your local news channels are leading into events with reports of the dollar and the economy. Analysts are featured and opinions are smattered across the airwaves in an attempt to provide an oracle response to current economic events.Beware the source and follow your system.In these volatile times it is easy to get caught up in the hype provide by all the news media and analyst. It is natural to want to look for guidance. Remember to trust your system and more important trust yourself. You, after all, are the single largest determinant of your success.Your approach should remain consistent, almost impervious to the events occurring because you follow your plan with discipline and ruthless detail to executing at optimum performance.Be disciplined and follow your plan. If market conditions don’t suite your style – sit this one out until conditions provide your with your personal edge!Happy Trading!

How to Use Elliott Wave Analysis to Boost Your Forex Trading

A Free Trading Video From the World's Largest Market Forecasting FirmThis video lesson features Elliott Wave International Senior Currency Analyst, Jim Martens, demonstrating how you can use Elliott wave analysis to identify opportunities in your Forex trading.This is just a short excerpt. For a limited time, you can access the full $79 online trading course, FREE. Visit Elliott Wave International for your free access.

Bold 2009 Prediction for You

Here's my bold prediction for you in 2009!You will break your trading resolutions by the end of February.You will abandon your trading planYou will fall into the same destructive trading patterns you resolved to changeYour account will earn the same or less than in 2008 I know this this sounds harsh, but statistically speaking, that's what will happen to most traders. So, are you going to let this happen to you?True, statistics cover populations and not individual traders. The fact is, its traders who are outside of th enorm and trade with focused discipline that really achieve their financial goals. When is now the time to re-focus with discipline and dedication and really commit yourself to your trading plan?Today is January 15, 2009 and February is just around the corner. Let this be your wake-up call!Be honest with yourself and focus with the discipline of a seasoned trader on staying true to your trading plan or risk becoming a statistic!Happy "Disciplined" Trading!!

Forex can make you financially free

The Most Lucrative Part-time Job or Home Based Business EverThe Forex market is relatively new when compared to the traditional stock market. The Forex or Foreign Exchange Currency Market was open to the public in 1998. In a year it will be a decade old. This is one of the major reasons most people do not know about the Forex. The first reason why you should take a closer look at the opportunities in the forex market is because of its liquidity estimated at $2 trillion daily. The other reason is that it is traded 24 hours of the day and 6 days in a week and participation is open to all, from individuals like you and me to very large financial institutions.With the economic situation of our day worldwide, where there are no more job guarantees it is not unusual to wake up one morning and find oneself jobless. In such times, there is an increasing need for a lucrative part-time job or home based business. This is something that you can had absolute control over.There are of course a multitude of money making opportunities out there, but to be factual, it is very difficult to find a real opportunity which will allow you to make a living from your home computer. Even when you do, you would have to spend hours doing market research and invest large sums of money to bring it to fruition. That is if you have not gotten involved in a scam project. Most of the opportunities on the web today, even if you make big profits, may be held by someone else. In other words, when you participate in those turnkey businesses, you do not have control.

Fire Your Boss Today

In addition to all the "fire your boss today" opportunities, there is a program on CNBC called Mad Money that seems to begetting to the masses and unknowing students to invest in the stock market. In reality this is a very expensive experiment especially for student that do not have a lot of capital. Buying a Goggle stock for $400.00 a piece is very expensive given that your capital can be wiped out if the stock goes against you by 100 points. That money could be better invested in the Forex positions (trades). The forex market which is also called FX is not really as difficult as it seems. There is not that much technical vocabulary to learn, and the risk is considerably low, if you compare it to the other markets. If we assume that you have 40% loosing trades, you still have 10 trades left to bring you profit. The fact that part time job and home businesses seekers should really consider is that you can choose when to trade, how much to trade and where you want to trade; all you need is an Internet connection, and you are ready to tap in the biggest market of the world with $ 2 trillion activity everyday in the same way banks and large corporation do. Contrary to the trading of stocks, you do not have to start with a $1000.00 capital. You can start with as little as $250.00. When you trade a mini lot (10,000 units) of e.g. GBPUSD currency pair your entry ticket costs $28.00. So when the pair goes your way 1 point, you are $1.00 in profit and vice versa. You can also trade lesser trading units and you can trade for as little as $1.00. It is therefore possible to turn a $28.00 investment to a profit of $100.00 in 24 hours if the currency moves in your direction 103 points. Imagine been able to do this 2 times a week. In a good week, this pair moves an average of 400 points.The Forex market is not a get rich quick scheme it is easy to learn and understand. It is also easy to make money in the forex if you let someone dedicated to your success teach you.

Risk Aversion Benefits the Dollar

While most of the currency pairs are in a loose range bound as talk and evidence of a US economic recession builds, the Dollar has witnessed a slight upswing. How to explain these seemingly contradictory trends? The rationale is surprisingly simple. While a US recession would predictably hit the US harder than other countries, it would still hamper growth abroad, especially in emerging markets that have come to depend on exports to the US to drive growth. Accordingly, investing in such emerging markets becomes relatively more risky than investing in the US, which is still considered to have the world's most stable investing climate from a long-term perspective. Thus, as risk aversion rises, so does the Dollar.

>>Forex History<<

FOREX is the largest inter bank financial institution in the world that opens its doors to retail investors. FOREX was established in 1971 following the end of the Bretton Wood system of foreign exchange control and soon thereafter, the materialization of floating exchange rates. FOREX is the only financial market that operates on a 24-hour basis on Asian, European and American markets by virtue of their association in one global communication network. 24-hour access to the foreign exchange market allows investors to open and close positions at the most whenever they choose for the best possible advantage, and for the best deal.Increasingly, individuals are affording themselves every opportunity to achieve financial gains. Currency, because of its minute by minute fluctuations in value is traded on the foreign exchange market. Banks and brokers grant investors an opportunity to participate in currency exchange operations, the returns of which regularly exceed the amounts invested. Investors may partake of this market with as little as $1000.FOREX trades over one trillion dollars daily and makes currency purchase-sale contracts on terms from 1 day to one year in this round-the-clock, very liquid market. The largest foreign exchange activity occurs on the spot exchange between the US dollar and four other major currencies: the British Pound, the Japanese Yen, the Eurodollar and the Swiss Franc. These four currencies are bought and sold against the US dollar. The participants of the market are banks, brokers’ offices, corporations, export-import companies, various Fund providers, and individual investors.Trading on the foreign exchange market is the single most effective source of income for banks worldwide. For instance, 80% of the revenues of the largest Swiss bank, “Union Bank of Switzerland” (UBS), were derived from convertible operations with currency, wherein only 20% of revenue profited from credits, securities selling, etc. (see financial report in “UBS Annual Report of 1994). Profit from foreign exchange operations are in much favor at banks such as Citibank, Chase Manhattan Bank, Barclays Bank, Sosiete Generale Bank & Trust, ABN-AMRO Bank.A well known example of such transactions involves George Soros, who in 1992 realized a net profit of one million dollars within 2 weeks selling the British Pound (GBP) against the German Mark (DM) and the American Dollar (USD).

Forex Trick

Mizuho’s technical analysis: Market is sideways. Suggested strategy is to attempt long (buy) at 1.5700; stop below 1.5400. First target 1.6000. Points to watch: 3rd support (1.5535) and 3rd resistance (1.6200) Danske’s technical analys

>>>>Forex Marketing <<<

rading FOREX is like leaving it there for someone else to pick up." Others in the industry have also said, Trading FOREX is like having an ATM machine on your own computer.
Here's an explanation (one I feel you'll appreciate) of what FOREX is and how a bunch of traders, profit from it:
The Foreign Exchange Market, also referred to the "FOREX" or "FX" market, is the spot (cash) market for currency.
But, don't mistake FX as trading the futures market, where you buy a contract to purchase a particular currency at a future price in time.
What FX traders do is much less risky than trading currencies on the futures market, much more profitable, and a lot easier, than trading stocks.
So, you're probably wondering where it's at ... or ... how to access the FX market?
The answer is: FX Trading is not bound to any one trading floor and is not centralized on an exchange, as with the stock and futures markets. The FX market is considered an Over-the-Counter (OTC) or 'Interbank' market, due to the fact that the entire market is run electronically, within a network of banks, continuously over a 24-hour period.
Yes, if that's the first time you've heard about an all-electronic market, I know this may sound somewhat intriguing to you.
Here's what you are actually trading when you participate in the Foreign Exchange (FOREX) market:
Essentially, like the large banks who use the FX market to protect themselves from the fluctuating exchange rate of different currencies, as an investor, what a FX trader is doing is simultaneously exchanging one countries currency for another. So, in actuality, they're electronically trading a currency-pair and the price that is quoted to us is the exchange rate between the two currencie

Swing trading stocks

Swing trading is a style of trading in stock or currency that endeavors to capture gain over one to four days of movement. Swing trading stocks are those which are blessed with momentum to move very fast. A stock which plays near the same mark for a month or so cannot be referred to as a swing trading stock.
Institutional and leverage players deal in volumes. This disables them to move out of a stock very quickly. This is why swing trading stock is not for them. As a swing trader, you can look for the tools of technical analysis to find when a swing trading stock might reverse. Swing traders can then play for those reversals.
Fibonacci retrenchment graph is one such technical tool. It suggests that a swing trading stock might reverse above the ARI at 31.2 percent, 50 percent and 61.8 of its mark. Swing traders do not rely upon fundamental analysis but on the price trends and movement pattern of the stock.

Forex Basics

Forex" stands for foreign exchange; it's also known as FX. In a forex trade, you buy one currency while simultaneously selling another - that is, you're exchanging the sold currency for the one you're buying. The foreign exchange market is an over-the-counter market.Currencies trade in pairs, like the Euro-US Dollar (EUR/USD) or US Dollar / Japanese Yen (USD/JPY). Unlike stocks or futures, there's no centralized exchange for forex. All transactions happen via phone or electronic network.Who trades currencies, and why? Daily turnover in the world's currencies comes from two sources:
Foreign trade (5%). Companies buy and sell products in foreign countries, plus convert profits from foreign sales into domestic currency.
Speculation for profit (95%).Most traders focus on the biggest, most liquid currency pairs. "The Majors" include US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. In fact, more than 85% of daily forex trading happens in the major currency pairs.The world's most traded market, trading 24 hours a day With average daily turnover of US$3.2 trillion, forex is the most traded market in the world.A true 24-hour market from Sunday 5 PM ET to Friday 5 PM ET, forex trading begins in Sydney, and moves around the globe as the business day begins, first to Tokyo, London, and New York.Unlike other financial markets, investors can respond immediately to currency fluctuations, whenever they occur - day or night.

When the red tunnel is crossed, close all your positions, because a trend reversal is about to come.

Fast cycle investment is the fast turnaround, quick buck method of investing. A fast cycle investment profits from speediness of proceeds which adds high-momentum to the investment maturity.
An investor puts in money on something that can fetch a quick profit, perhaps in a weekly investment or so. These are times of economic slowdown. Recession is rearing its ugly head.
For these times, a fast cycle investment in gold and silver becomes even more profitable. A currency slump largely means increase in price of non-liquid assets. Gold and silver climb the commodity graph. At any rate, they do not fall. So you will either make profit or you will remain neutral.
It’s an easy mode of operation. Buy gold and silver and look to sell them when the prices are at a premium. Knowledge about potential buyable point is important. Also important is trading through both the centralized and decentralized exchanges.

Forex Tips Strategy.

Forex EMA-WMA strategy
What do you need:


1. one hour or 30 minutes
2. 18-period EMA and 29-period EMA (draw them using red)
3. 5-period WMA and 12-period WMA (draw them using yellow)

18 and 29-period EMA are two red lines which form a tunnel, this helps you to predict the trend. 5 and 12-period WMA shows you when to enter the trend, and how strong the trend is on a short term.

When the red tunnel is narrow, or thew two lines form only one line, you should open a position according to the following rules:

1. Go long when the 5 and 12-period WMA are crossed, the red tunnel is up.2. Go short when the 5 and 12-period WMA are crossed, the red tunnel is down.

Close your positions according to the following rules:1. The price reached the high, and 5-period WMA goes under 12-period WMA. Close all your long positions.2. The price reached the bottom, and 5-period WMA goes beyond 12-period WMA. Close all your short positions.

When the red tunnel is crossed, close all your positions, because a trend reversal is about to come.

Here is an example, within the FOREX Market there are certain patters that will be repeated on a constant basis. They are predictive in nature, as opp

The Forex market behaves differently from other markets! The speed, volatility, and enormous

size of the Forex market are unlike anything else in the financial world. Beware: the Forex marke
t is uncontrollable - no single event, individual, or factor rules it. Enjoy trading in the perfect market! Just like any other speculative business, increased risk entails chances for a higher profit/loss.

FOREX Trading without Indicators

When it comes to trading most professional traders will be trading with indicators, so when most people hear that someone is trading with out them there is an instant look of bewilderment. To them it sounds like driving in the dark with no lights. But in fact it is the opposite.

So to people that trade without indicators they have to same reaction to people that trade with 10 indicators on their charts in order to place a trade. They will view all of these indicators as causing a blind spot to what is actually going on in the market.

FOREX Traders have been trading without indicators for as longs as the market have been around. This is what is simply known as price action. This particular trader is looking at the chart, looking at the current prices movements, comparing it to past price action movements to predict future price movements. So in simple terms everything we need know is sitting there right before our eyes, without the block of needless indicators.

Here is an example, within the FOREX Market there are certain patters that will be repeated on a constant basis. They are predictive in nature, as opposed to indicators like and RSI or MACD which are always lagging. They are only telling us what has already happened. Anybody can be a millionaire if they only tell you what has happened already. The real skill is using past information to make an informed decision about what the future holds. Trading without indicators is as close as we'll ever get to being a FOREX Trading psychic.

Important Forex Trading Terms

The spread is the difference between the price that you can sell currency at (Bid) and the price you can buy currency at (Ask). The spread on majors is usually 3 pips under normal market conditions. For more information on the trading conditions at Saxo Bank, go to the Account Summary on your Client Station and open the section entitled “Trading Conditions” found in the top right-hand corner of the Account Summary.

* PipsA pip is the smallest unit by which a cross price quote changes. When trading Forex you will often hear that there is a 3-pip spread when you trade the majors. This spread is revealed when you compare the bid and the ask price, for example EURUSD is quoted at a bid price of 0.9875 and an ask price of 0.9878. The difference is USD 0.0003, which is equal to 3 “pips”.

On a contract or position, the value of a pip can easily be calculated. You know that the EURUSD is quoted with four decimals, so all you have to do is cancel out the four zeros on the amount you trade and you will have the value of one pip. Thus, on a EURUSD 100,000 contract, one pip is USD 10. On a USDJPY 100,000 contract, one pip is equal to 1000 yen, because USDJPY is quoted with only two decimals

FOREX. details

By providing your email address on this form, you consent to receiving emails from FOREX.com. In the event you receive an email from FOREX.com and do not wish to receive similar emails in the future, simply follow the instructions to unsubscribe. Your information will never be shared with a third party. We respect your privacy; please read our .Forex trading carries a high level of risk, and may not be suitable for all investors.

Forex Market - Make Money in Choppy Markets

The Forex Markets do not create clear trend lines all the time. Quiet often we will experience very volatile markets and the prices can move dramatically up and down. Sometimes they can start to trend then also of sudden make a strange upward or downward movement which will trigger your stop loss and stop you out of the trade.

So How can we trade this sort of Forex Marketand make money?

.1 Don't expect a long swing plan or any sustained price movements if you are already in an open position, get some profits out when you have made some from the forex market or shift it to the breakeven price as soon as possible. This will reduce the risk of losing that position.

2. When you need to trade in these conditions trade the currencies pairs that are highly correlated. So we are talking about the top 6 currencies pairs.

.3 It can be also useful to use some level of Fundamental analysis such as referring to the calendar of economic announcements every now and then in forex trading. Sometimes a choppy market occurs when there is two or more economic data releasing at the same time or within a few hours. A particular news may trigger an up movement while the other one may trigger a down. Therefore it is a bad time to trade forex as you do not know exactly where the forex market is moving.

4. Sometimes when the forex trading market is choppy, it forms range-trading channels, which sets one up for a breakout. If there's is no indication on which direction the market is moving, forex trader may go long when it's at the bottom range, and short when it is at the top range. This may earn you some pips, but again, it is better to wait for price to break out from the range-trading channels so that ideally you will be able to catch the breakout trend. This is why is why it is important to have a great forex broker too as they can help you with trading ideas. If you are looking for a Best Forex Brokerfeel free to visit the CFD FX REPORT as they have recently researched all the broker on the markets and can point you in the right direction.

European Forex Trading Preview

Traders continued to punish the greenback following yesterday¡¯s unprecedented rate cut by the FOMC to lower its key interest rate to a target range of 0 to 0.25%. The dollar plunged to a fresh 13-year low against the yen at 87.16 and a new two-month low versus the euro, losing nearly 5-big figures for its largest one-day decline to 1.4437.

With the Japanese currency trading at its highest level in over a decade, markets will remain vigilant against possibly BoJ intervention. Government officials have offered conflicting sentiments with Chief Cabinet Secretary Kawamura expressing his desire for the Bank to Japan to take appropriate action to stem the currency¡¯s sharp gains. However, Japan¡¯s Finance Minister Nakagawa said intervening in the currency market was not a consideration at this point, suggesting the movements had not been too sharp. With trading volume likely to wind down over the coming holidays, we would not rule out the possibility for the Bank of Japan to step in during thinly traded markets to quickly move the dollar/yen pair back toward the 100-level.

What is margin?

Margin is a performance bond, or good faith deposit, to ensure against a
trading losses. The margin requirement allows traders to hold a position muchlarger than the account value.In the event that funds in the account fall below margin requirements, your requirebroker will close some or all open positions. This prevents clients' accountsfrom falling into a negative balance, even in a highly volatile, fast movingmarket.

For example, let's say you have an account with $10,000. That means you have $10,000 of usable margin. If you use $7,000 to Ask 7 lots o f USD/JPY, you now have $3,000 of usable margin left, meaning that you are allowed to lose $3,000 before you are under the margin requirement. The account equity remains at $10,000 until you begin to make or lose money on the position. Now, if the USD/JPY decreases to the point that you end up losing the $3,000 which is left in your account, then the broker will close all of your positions to ensure that you do not lose more than you have in your account.

Forex Technical AnalysiS

Technical analysis is the process of market analysis that relies only on market data numbers - quotes, charts, simple and complex indicators, volume of supply and demand, past market data, etc. The main idea behind Forex technical analysis is the postulate of functional dependence of the future market technical data on the past market technical data. As well as with fundamental analysis, technical analysis is believed to be self-sufficient and you can use only it to successfully trade Forex. In practice, both analysis methods are used. Recommended e-books on Forex fundamental analysis are:
The Law Of Charts
Candlesticks For Support And Resistance
Trend Determination
Money Management in Forex
Even if you master every possible method of market analysis and will make very accurate predictions for future Forex market behavior, you won't make any money without a proper money management strategy. Money management in Forex (as well as in other financial markets) is a complex set of rules which you develop to fit your own trading style and amount of money you have for trading. Money management play very important role in getting profits out of Forex; do not underestimate it. To get more information on money management you can read these books:
Risk Control and Money Management

Why Currency Trading Is Not For Everyone

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Remember, you could sustain a loss of some or all of your initial investment, which means that you should not invest money that you cannot afford to lose. If you have any doubts, it is advisable to seek advice from an independent financial advisor.

Majors not based on the US dollar

The three exceptions to this rule are the British pound (GBP), the Australian dollar (AUD) and the Euro (EUR). For these pairs, where USD is not the base currency, a rising quote means the US dollar is weakening and buys less of the other currency than before.

Advantages of trading the Forex Market

High Leverage (low margin): Generally forex brokerage service providers offer aleverage of 100:1. This means for every $1,000 you place in your account you haveaccess to trade with $100,000 worth of contracts.The traders can utilize a small amount of funds in order to take a large position. If youshould happen to incur a loss, your broker will close your position when the loss equals the balance in your account.• Liquidity: The forex market trades between $1.5 and $2 trillion daily. The marketorders are almost filled instantaneously and the market is too large for any one tocontrol.• 24 Hour trading: The forex market operates 24 hours a day from Monday morningSydney – Australia time to Friday evening New York (EST) time. Therefore tradershave immediate access to information, their accounts and transaction ability.• Trade both sides of the market: You can profit from price movements in eitherdirection, whether prices are going up or down. You can profit in a bear or a bullishmarket and the economy of any country is irrelevant to make profits.• Low trading costs: Forex brokers will only charge you for the difference of a bid and ask price.sell price quote. There are no commissions or other charges payable buy the trader.

Forex for Dummies

Forex Basics

If you've already read the "What is Forex?" section then you should know what Forex market is and what it is all about. If not, please, do it. There are five essential aspects of foreign currency market a beginner trader (and an old one as well) should be aware of:
Forex Fundamental Analysis
Forex Technical Analysis
Money Management
Forex Trading Psychology
Forex Brokerage
Understanding and mastering these sides of trading are crucial to organize your Forex trading experience.

Example of a Forex Trade

The EUR/USD rate represents the number of US Dollars one Euro can purchase. If you believe that the Euro will increase in value against the US Dollar, you will buy Euros with US Dollars. If the exchange rate rises, you will sell the Euros back, making a profit. Please keep in mind that forex trading involves a high risk of loss.

How Forex Works

The currency exchange rate is the rate at which one currency can be exchanged for another. It is always quoted in pairs like the EUR/USD (the Euro and the US Dollar). Exchange rates fluctuate based on economic factors like inflation, industrial production and geopolitical events. These factors will influence whether you buy or sell a currency pair.

Understanding Forex Quotes

Reading a foreign exchange quote is simple if you remember two things:

1. The first currency listed is the base currency
2. The value of the base currency is always 1.

As the centerpiece of the forex market, the US dollar is usually considered the base currency for quotes. When the base currency is USD, think of the quote as telling you what a US dollar is worth in that other currency.

When USD is the base currency and the quote goes up, that means USD has strengthened in value and the other currency has weakened. Rising quotes mean a US dollar can now buy more of the other currency

Forex Education Is The Best

If you want to become successful as a Forex trader, you have to educate yourself continually on the markets and trends. Your motto should read constant and never ending improvement through continuous Forex education. It isn't enough to simply read Forex books, or the business section of a newspaper for currency price fluctuations. Learning to trade Forex is a participation activity. Most business newspapers and TV business channels only report the spot price, the price of a currency pair at an exact and static moment in time. You have to dig a little deeper in order to fully understand the reasons behind the current prices and the factors that are contributing to the increase or decrease in value of the currency. Even more important, you need to know the factors that may have a potential effect on the price of currency pair and upcoming scheduled economic news releases before you pull the trigger on that trade.

If you think that only economic issues influence the price of currencies, you are quite uneducated in the workings of the Forex market. Although everything is tied to an economic cycle with its unique data points, some things that are not directly monetary in nature may have an effect on the price of currencies. For example, global geo-political events can have volatile actions and any and all currencies. On May 29, 2005, voters in France rejected in a binding referendum the European Constitution. This event occurred on a Sunday in France and the Asian Forex trading session saw a massive devaluation of the Euro against all the major currencies. Another example is the impact the war in Iraq had on the U.S. Dollar/Swiss Franc currency pair at the beginning of the conflict. Forex Education is the currency trader's guide.

Other non-economic factors that may affect the currency price include sentiments, country specific laws that impact capital flows (Sarbanes -Oxley), natural disasters and the cyclical processes in other financial markets, especially for those commodity currencies. Traders have a tendency to be fickle, and they do not wish to invest in a country's whose currency does not offer value (think interest rates) and stability.

A successful Forex trader must be fully aware of all of the different factors that may affect spot price, so that if issues arise that will likely affect price on a downturn or upturn; they will now which side of the trade to take for profit. Some incidents may turn a technical Forex trader into a fundamental trader because the trader knows the economic factors that will cause volatility in the price of the currency, and wants to profit from a subsequent movement. For instance, cutting of interest rates by a country's Central Bank. The decision could have been a surprise, which would result in volatility, but the announcement was a scheduled event. Being informed prevents you from taking the loss that changes in the market create and furthermore, being able to profit from such events

Forex Tips

Mizuho’s technical analysis: Market is sideways. Suggested strategy is to attempt long (buy) at 1.5700; stop below 1.5400. First target 1.6000. Points to watch: 3rd support (1.5535) and 3rd resistance (1.6200) Danske’s technical analys

Forex Education

Forex Education

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Forex Technical Analysis ...

Technical analysis is the process of market analysis that relies only on market data numbers - quotes, charts, simple and complex indicators, volume of supply and demand, past market data, etc. The main idea behind Forex technical analysis is the postulate of functional dependence of the future market technical data on the past market technical data. As well as with fundamental analysis, technical analysis is believed to be self-sufficient and you can use only it to successfully trade Forex. In practice, both analysis methods are used. Recommended e-books on Forex fundamental analysis are:

The Law Of Charts

Candlesticks For Support And Resistance

Trend Determination

Money Management in Forex

Even if you master every possible method of market analysis and will make very accurate predictions for future Forex market behavior, you won't make any money without a proper money management strategy. Money management in Forex (as well as in other financial markets) is a complex set of rules which you develop to fit your own trading style and amount of money you have for trading. Money management play very important role in getting profits out of Forex; do not underestimate it. To get more information on money management you can read these books:

Risk Control and Money Management