Foreign exchange market Topics

The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The average daily trade in the global forex and related markets currently is over US$ 3 trillion.Retail traders (individuals) are a small fraction of this market and may only participate indirectly through brokers or banks, and are subject to forex scamsThe foreign exchange market is unique because ofits trading volumes, the extreme liquidity of the market, the large number of, and variety of, traders in the market, its geographical dispersion,

Forex Trade Strategy

When entering the world of forex currency trading, it is important to have a well-defined strategy to minimize loss and maximize your assets. Trading currencies with a strategy helps you map out your financial goals and focus on success, rather than dwelling on losses, which are inevitable. There are plenty of variables that affect how a trader performs in the currency trading marketplace, but there are also some very important guidelines you should build into your strategy. Limit your losses. Any investment strategy should have a plan for limiting losses. Forex traders should have a step-by-step plan to limit losses on each trade. There should never be a reason to deviate from this plan. It takes discipline to let go of a trade you believed was worthwhile, but it is much better to let it go than watch your cash plummet.

Dollars - The most best

The dollar (currency code USD) is the unit of currency of the United States. It is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. The U.S. dollar is divided into 100 cents.Adopted by the United States on July 6, 1785, the U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. In 1995, over US $380 billion were in circulation, two-thirds of which was outside the United States. By 2005, that figure had doubled to nearly $760 billion, with an estimated half to two-thirds being held overseas, representing an annual growth rate of about 7.6%. However, as of December 2006, the dollar was surpassed by the Euro in terms of combined value of cash in circulation. The value of Euro notes in circulation had risen to more than €610 billion, equivalent to US$802 billion at the exchange rates at the time.The first dollar coins issued by the United States Mint were of the same size and composition as the Spanish dollar and even after the American Revolutionary War the Spanish and U.S. silver dollars circulated side by side in the United States. The coinage of various English colonies also circulated. The lion dollar was popular in the Dutch New Netherland Colony (New York), but the lion dollar also circulated throughout the English colonies during the Seventeenth and early Eighteenth centuries. Examples circulating in the colonies were usually fairly well worn so that the design was not fully distinguishable, thus they were sometimes referred to as "dog dollars".Private banks issued currency backed by Spanish and U.S. silver and gold coinage, although the federal government did not do so until the American Civil War.The U.S. dollar was originally specified by the Coinage Act of 1792 to be a unit of weight (471.25 grains of troy silver (about 30.54 g of silver)) and not one of money as it is thought of today. The value of gold or silver contained in the dollar was then converted into relative value in the economy for the buying and selling of goods. This allowed the value of things to remain fairly constant over time, except for the influx and outflux of gold and silver in the nation's economy. According to an evaluation of data from the U.S. Department of Treasury, the cost of goods and services remained relatively consistent between 1635 and 1913, around a level of roughly 25 times the buying power of the U.S. dollar in 2006Silver and gold standardsFrom 1792, when the Mint Act was passed, the dollar was pegged to silver and gold at 371.25 grains of silver, 24.75 grains of gold (15:1 ratio). 1834 saw a shift in the gold standard to 23.2 grains, followed by a slight adjustment to 23.22 grains in 1837 (16:1 ratio).In 1862, paper money was issued without the backing of precious metals, due to the Civil War. Silver and gold coins continued to be issued and in 1878 the link between paper money and coins was reinstated. This disconnect from gold and silver backing also occurred during the war of 1812. The use of paper money not backed by precious metals had occurred under the Articles of Confederation from 1777 to 1788 when paper money became referred to as "not worth a continental". This was a primary reason for the "no state shall require anything but gold and silver as tender in payment of debt" clause of the Constitution.In 1900, the bimetallic standard was abandoned and the dollar was defined as 23.22 grains of gold, equivalent to setting the price of 1 troy ounce of gold at $20.67. Silver coins continued to be issued for circulation until 1964, when all silver was removed from dimes and quarters, and the half dollar was reduced to 40% silver. Silver half dollars were last issued for circulation in 1969.Gold coins were withdrawn in 1933 and the gold standard was changed to 13.71 grains, equivalent to setting the price of 1 troy ounce of gold at $35. This standard persisted until 1968. Between 1968 and 1975, a variety of pegs to gold were put in place. The price was at $42.22 per ounce before January 1, 1975 saw the U.S. dollar freely float on currency markets.According to the Bureau of Printing and Engraving, the largest note it ever printed was the $100,000 Gold Certificate, Series 1934. These notes were printed from 18 December 1934 through 9 January 1935, and were issued by the Treasurer of the United States to Federal Reserve Banks only against an equal amount of gold bullion held by the Treasury. These notes were used for transactions between Federal Reserve Banks and were not circulated among the general public.

Dinar’s successful week-start

BELGRADE – Dinar strengthened against euro by RSD 0.10. The official medium exchange rate of euro is currently RSD 77.7601. Â

Dinar’s record against euro in 2008 was registered on 24 July when the medium exchange rate of euro was RSD 77.4727. that was closest to the value of the national currency on 7 November 2007 when euro’s medium exchange rate amounted to RSD 77.4061.
On Monday 21 July dinar set the first record value in 2008 since the medium exchange rate of euro was RSD 78.3210. The following day dinar weakened by RSD 0.33 and the day after strengthened RSD 0.50setting this year’s record. Afterwards it alternately weakened and strengthened.
Medium exchange rate of euro has been below RSD 79 since 9 July. Since 12 June it was below RSD 80, with the exception of 19 and 20 June when the value of euro was above RSD 80. Euro had the highest value on May 12 2008 when it was worth RSD 83.8674. Â

Foreign Currency Reserves At New High

KIEV, Ukraine -- Ukraine’s foreign currency reserves have reached a new high, topping the $20 billion mark last month for the first time since the country declared independence in 1991.
Although reserves have enjoyed significant steady growth for at least the last seven years, the country got a particularly large foreign-currency injection in November on the back of growing exports, intensified foreign investment and a $1 billion Eurobond placed by the government last month.According to the National Bank of Ukraine, foreign currency reserves grew by almost 8.9 percent month-on-month in November to $21.2 billion. National reserves were at $19.5 billion in November of last year.For comparison, Poland’s last reported foreign-currency reserves, in October 2006, totaled a little over $47 billion. Russia, flush with cash thanks to large oil and natural gas exports, has reserves in excess of $200 billion.Oleksandr Viktorov, an analyst with Kyiv-based investment bank Concorde capital, said there were several factors that have led to the sharp increase in Ukraine’s reserves in November, apart from the Eurobond issue.One of them, he said, was an earlier external loan made to the NBU in September for 386 million Swiss Franks (almost $320 million). In addition, since last May, Ukraine has been enjoying growth in export revenues from its metals industry, due to high global steel prices. Ukraine is ranked 7th in world steel exports.Merger and acquisition deals starting in 2005 also played a significant role in bringing up Ukraine’s foreign currency reserves, due to a delayed effect from the process of receiving the funds, Viktorov said. Mergers and acquisitions were particularly hot in the country’s banking sector, where foreign financial groups have been buying up Ukrainian banks at a premium, he added.In addition, the $4.8 billion in funds received from the purchase of Ukraine’s lucrative Kryvorizhstal steel mill by International steel giant Mittal Steel, the deal for which was cut last fall, had an effect on last month’s currency-reserve growth, according to Viktorov.The net effect of the country’s larger currency reserves will be good for the cash-strapped country.“Accumulation of international reserves is generally a positive trend, especially in emerging markets, as reserves serve as insurance against the risk of sudden outflow of foreign currency or any other risk that may lead to a balance-of-payments crisis”, said Halyna Antonenko, equity analyst with Kyiv-based investment bank Foyil Securities.Antonenko said the NBU has enough resources to smooth out short-term fluctuations on the foreign exchange market and keep the national currency stable.Ukraine’s current level of reserves is “comfortable,” Antonenko said, especially taking into account that that devaluation pressures on the Ukrainian currency could increase next year due to the latest gas-price hike from Russia or an expected deterioration in the trade balance.

Trading Forex on a Tight Budget

The Forex market can be described as a non-centralized market where there is no common marketplace for the traders.

Apart from that, the foreign currency prices have no standards under which they are operative. The market is characterized by low minimum investment and this has made Forex trading very popular worldwide.

Unlike many years ago when Forex trading was dominated by big players, anyone can venture into this trade now. As the initial investments are low, people can start trading with as low as $50.

Forex Versus Future

The origins of today’s futures market lies in the agriculture markets of the 19th century. At that time, farmers began selling contracts to deliver agricultural products at a later date. This was done to anticipate market needs and stabilize supply and demand during off seasons.

The current futures market includes much more than agricultural products. It is a worldwide market for all sorts of commodities including manufactured goods, agricultural products, and financial instruments such as currencies and treasury bonds. A futures contract states what price will be paid for a product at a specified delivery date.

Forex Earning Potential

Forex currency exchange trading is one of the fastest growing trade markets in the world. It is also the biggest with an estimated 1.8 trillion dollars being exchanged every single day.

With these stats to it's name it should come as no surprise that one of the major reasons for this exponential growth is the fact that Forex trading offers incredible earning potential.

This is also why large multi-national corporations have been investing in foreign exchange for years and more and more individuals are utilizing currency trading to supplement their incomes and some are even living purely off the profits they make

Forex & Financial Problem

Having a diversified portfolio is key to successful financial planning and having some funds in higher risk areas makes sense too. Whether you choose Futures, Options or Foreign Exchange trading, all are good ways to expand this section of your portfolio.

If you are looking at Forex, then an excellent tool is to use a proven automated pilot program. Trading programs have evolved considerably since their advent several years ago and now you can find several programs that are very sophisticated and are reasonably priced. The latest one to have broad appeal is Fap Turbo. One of the many attractions this software has is it’s track record of trading live accounts. Fap Turbo also has a very good support community and you can participate actively via phone and email. Although the program is easy to set up and use, it is always reassuring, if nothing else, to be able to contact people who can help you out if you are having any problems.

Forex Day Trading

You have come to the right place if you’re looking for a better understanding on forex day trading. With this method, and virtually every other exchanging method you engage in involving forex, you will be dealing with foreign currencies that are traded for one another. The general idea is that you, the trader, are buying currencies of other countries with your own money. Then, once you see the desired return on your investment, you will sell the currency back in exchange for your own country’s currency.

Top To Increase Profit in Forex Trading

With so many people giving advice on how to be successful in the long term there are not many people giving information on how to quickly increase profits with forex trading. In order to continue forex trading you need to make some good money, in order to do this, you need to follow some easy to handle tips. These are all intended to help you really maximize your profits. Designed to be easy to use, these tips are useful for the beginner and the advanced forex trader

How to Find and Choose a Safe Forex Broker

he forex market has really taken off within the last ten years. Every year, the market grows more and more, and competition has become more rigorous. At the same time, the opportunities to profit have never been greater.

This means that the requirements for forex brokers to stay in business are become more and more strict. This is all due to the fact that there are many scammers out there, waiting for a chance to take advantage of new forex traders.

At the same time, many hard working brokers are at a risk to go out of business because they can't keep up with the latest regulations. A safe forex broker these days isn't simply someone whom traders can trust, but also someone that isn't at risk of going out of business.

Shuttle Puts Intel's Core i7 in New SFF Prima System Designed for high-end performance

Along with the release of Intel's latest generation X58 desktop platform, a number of system vendorshave announced their latest desktop computer systems, designed on the aforementioned platform. Shuttle is the latest to join the official launch of the company's SX58H7 Prima system, designed to provide users with the performance capabilities of Intel's Nehalem microarchitecture in a small form factor desktop computer system.


The new system from Shuttle has basically been designed to provide users with support for the latest Intel desktop platform, in a small form factor, glossy aluminum enclosure of the new XPC system. As you might expect from an X58-based platform, the new system enables a high level of performance, consequently meeting the requirements of computer enthusiasts and gaming users, with support for multi-GPU technologies, such as ATI's CrossFireX and NVIDIA's SLI.

The system is designed to incorporate a 3+1 channel DDR3 memory architecture, a feature that is supported by Intel's latest Core i7 processors. With that in mind, users should be expecting a high level of performance, compared with similar computer systems based on Intel's Core 2 Duo processor technology. In addition, the CrossFire and SLI support enabled by Intel's Nehalem-supporting desktop platform, further expands the user's choices for a high-end graphics configuration for best gaming performance and high image quality.

Unlike some full tower systems, which are equipped with a high-capacity PSU, the SX58H7 boasts a 500W 80Plus Bronze certified power solution, designed to bring both high efficiency and energy saving features. Additionally, Shuttle has equipped new XPC SX58H7 with a new I.C. Evo (integrated Cooling Evolution), a Vapor Chamber cooling solution that further lowers CPU temperatures by up to 7 degrees Celsius, according to the company

Automated forex trading

We are constantly researching new trading concepts. When a newer and better trading method is found, the Destiny members get it sent to them automatically.
The forex market is dynamic and always changing so it is necessary to modify a trading strategy over time. We want you to have the best possible trading results. Destiny will give you a realistic chance for success. You can withdraw your funds at any time as you are the one who is in control of them. Just contact your broker and they will wire your funds to you. Or you can keep the money you made in your forex trading account and let the Destiny select the highest probability trades and execute them automatically.. The choice is yours. Enter your name and email above and you will receive updates on how to trade using Destiny.


*HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED ABOVE. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICALTRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS
AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING

Forex Basics

What is Forex?

Forex and ‘FX’ are shortened terms used for ‘foreign exchange’.

Foreign exchange is the exchange of money from different countries. The value of one country’s currency is constantly changing against the value of another country’s currency. Forex traders make money through buying and selling currencies on the foreign exchange market.

What is the foreign exchange market?

Markets are places to trade goods, and the same goes for Forex. The Forex ‘goods’ are the currencies of various countries. The Forex market is a money market that never stops. It is the “market”, anywhere in the world, where any exchange of currencies is made. It operates 24 hours a day, on computers all over the world. Foreign exchange market conditions can change at any time because events that happen across the world affect the value of money.

The Forex market is the largest market in the world where trading between banks, organizations, investors and individuals happens. More than 2.5 trillion US dollars is traded every day. That comes to almost 29 million USD every second!

How to make money trading in Forex ?

The profit potential comes from the fluctuations (changes) in the currency exchange market. You make money by buying a currency at a particular rate (or price) and selling it again for more than you bought it. The market is highly volatile which means it is constantly changing and therefore offers greater chances to profit but also greater risk. The incentive to trade in Forex is that regular daily fluctuations, say - around 1%, are multiplied by 100 (Easy-Forex^® offers trading ratios of 1:50 to 1:200). For more information go to the article on Leverage.

How Risky is Forex Trading?

Losses are unlimited unless you have a 'Stop Loss' on your position. At Easy-Forex^® there is always a Stop Loss therefore you cannot lose more than your ‘margin’, the money you are prepared to risk and the rolling fee if it's a Day Trade transaction. However, Forex is risky so only risk what you can afford and is not vital to your well-being.

Easy-Forex^® aims to make foreign exchange easy for any person who is interested in getting to know the Forex market and trading in it. You do not need to download a special program to your computer because Easy-Forex^® uses the Internet. This means you can trade, monitor status, check scenarios, change some terms of a deal or close it, anytime, anywhere.

You can start trading using your own private credit card and can make deals using small amounts of money. With Easy-Forex^® we offer a range of benefits that smart traders are looking for.

Easy-Forex^® is an international company with offices in Europe, UK, USA, Middle East, Asia and Australia. It is regulated and has licenses in many countries in the world.

My Final Forex Killer Review

Well, it’s not much of a review, rather than a final comment on why this software really isn’t worth your time. Like I’ve said many times, Forex Killer works just fine, but there are other things out there to help you trade that are much more worth your time and in some instances free of cost to you.

I decided to make this post because I still see a large portion of my visitors searching for Forex Killer in some way shape or form. Most people ask, Is Forex Killer a Scam? Well, I do believe Forex Killer does exactly what it says it does. But perhaps it shifts focus off of a trader’s inherent responsibility to actually learn how to trade, with promises to make you rich simply and without stress. I’ve come to appreciate a healthy amount of stress while trading, careful to not get too comfortable in any one method, following any one indicator, or any one signal provider. The market is always changing, evolving perhaps, adapting definitely, so what works one day may not work the next.

whole idea of cutting and pasting the last X amount of closing prices then calculating which way the trend is can easily be found in a number of different indicators and methods. Seeing recently what TopGun Software can compute and graphically present, for instance, their one of a kind FX Multimap can instantly show you the strength of a pair or an individual currency vs all other currencies. Flips of this Multimap from red to green usually indicator a change of direction or resumption of a previous upward trend. Either way, weakness is disappearing and strength is continuing and this is shown to you in an instant and you did nothing except add this indicator to your chart. Another great thing about Topgun is the recent Narrow Range Breakout Script that intuitively adds lines above and below the levels of important ranges. Used in concert with flips of FX MultiMaps from green to red or red to green, a successful trade becomes all the more likely. Forex Killer could NEVER give you such amazingly simple indications of when to enter a trade. Exiting a trade is just as simple if you just add a trailing chandelier stop. It’s hard to do much of anything with Forex Killer except identify how likely a trade is to go up, but if you took any sort of Forex education, you’d probably hear at some point that you ought not trade on what you think “might” happen, rather, trade based on what you see is happening. TopGun has scores of other indicators I am just learning about, so I’ll keep you updated on this software of the next few months.

That is just one big “for instance” when looking for alternatives to programs such as FOREX KILLER. Not much else to say except there is undoubtedly many things better than Forex Killer in the world today.

Forex Market History

This article is an overview into the historical evolution of the foreign exchange market. It follows the historical roots of the international currency trading from the days of the gold exchange, through the Bretton Woods Agreement, to its current setting.

The Gold exchange period and the Bretton Woods Agreement.

The Bretton Woods Agreement, established in 1944, fixed national currencies against the dollar, and set the dollar at a rate of 35USD per ounce of gold. In 1967, a Chicago bank refused to make a loan in pound sterling to a college professor by the name of Milton Friedman because he had intended to use the funds to short the British currency. The bank's refusal to grant the loan was due to the Bretton Woods Agreement.

This agreement aimed at establishing international monetary steadiness by preventing money from taking flight across countries, and curbing speculation in the international currencies. Prior to Bretton Woods, the gold exchange standard - dominant between 1876 and World War I - ruled over the international economic system. Under the gold exchange, currencies experienced a new era of stability because they were supported by the price of gold.

However, the gold exchange standard had a weakness of boom-bust patterns. As an economy strengthened, it would import a great deal until it ran down its gold reserves required to support its currency. As a result, the money supply would diminish, interest rates escalate and economic activity slowed to the point of recession. Ultimately, prices of commodities would hit bottom, appearing attractive to other nations, who would sprint into a buying fury that injected the economy with gold until it increased its money supply, driving down interest rates and restoring wealth into the economy. Such boom-bust patterns abounded throughout the gold standard until World War I temporarily discontinued trade flows and the free movement of gold.

The Bretton Woods Agreement was founded after World War II, in order to stabilize and regulate the international Forex market. Participating countries agreed to try to maintain the value of their currency within a narrow margin against the dollar and an equivalent rate of gold as needed. The dollar gained a premium position as a reference currency, reflecting the shift in global economic dominance from Europe to the USA. Countries were prohibited from devaluing their currencies to benefit their foreign trade and were only allowed to devalue their currencies by less than 10%. The great volume of international Forex trade led to massive movements of capital, which were generated by post-war construction during the 1950s, and this movement destabilized the foreign exchange rates established in the Bretton Woods Agreement.

1971 heralded the abandonment of the Bretton Woods in that the US dollar would no longer be exchangeable into gold. By 1973, the forces of supply and demand controlled major industrialized nations' currencies, which now floated more freely across nations. Prices were floated daily, with volumes, speed and price volatility all increasing throughout the 1970s, and new financial instruments, market deregulation and trade liberalization emerged.

The onset of computers and technology in the 1980s accelerated the pace of extending the market continuum for cross-border capital movements through Asian, European and American time zones. Transactions in foreign exchange increased intensively from nearly $70 billion a day in the 1980s, to more than $1.5 trillion a day two decades later.

Archive for the 'Forex Trading' Category

Forex Currency Trading -A Viable Business to Work from Home?

Probably, most people who work from home, especially those who spend time online, will have considered (or at least been made aware of) the possibilities of trading currencies. Very quickly it has become one of the most aggressively hyped and marketed home-working activities.

Until recently, forex trading (short for foreign exchange trading) has been for the big players only. But now it is very easy for the individual to gain exposure to forex markets. Very often this will be via spread betting (where the trader bets on the movements of a particular currency cross, e.g. GB pound/ US dollar), or by trading ‘lots’ using an online trading account. The new found ease of forex trading has brought an ever-increasing army of people who are keen to sell associated services such as trading accounts and forex trading education.

The attraction of forex trading is high: if you can devise or learn a consistently winning strategy then the financial rewards are high. Indeed, a successful trading strategy has been likened to a ‘money tap’.

However, financial trading, whilst offering potentially huge gains also places the inexperienced trader in very dangerous waters. If a particular deal moves against the trader then the very mechanics that offer the large gains can actually bankrupt a novice (in fact the risk of bankruptcy is not just reserved for the novice).

What if, in spite of learning of the risky nature of forex trading, it still appeals? Well, a little knowledge is certainly a bad thing. So too is spending too much on learning. It is very easy to be tempted by the claims made by various course or seminar providers. But, think very carefully before parting with the extortionate amounts often asked in exchange for knowledge you can get elsewhere.

Forex Signals Boost Trading Potentials

In the world of Forex trading, the most important aspect that can make or break any Forex trader is his trade decisions. One wrong move can mean the end for a trader as it tragically brings a negative impact on your portfolio. As such, every trader needs to make sure that he or she will only make the right trading decisions.

How To Select Forex Signals

Forex signals are very important in Forex trading. They aid the individual Forex investors and traders in their decisions. They let them know what is going on with the Forex market without the necessity to continuously keep an eye on the trade market the whole day round.

Choosing The Right Expert Advisors

Expert Advisors or EAs refer to those automated systems that aid Forex traders in implementing their trade strategies. These trade tools allow the individual traders to set their trade indications and limitations, also these systems will automatically execute the organized trade strategies.

Forext Expert Advisors For Beginners

Forex Expert Advisors level the arena for individuals who want to get into Forex trading. Banks and institutional investors are far ahead from individual Forex traders when it comes to expertise in trading skills. But with the help of the EAs, it seems that the gap between the expertise and the experience has narrowed.

Why Use Forex Indicators ?

With the boom of the foreign exchange markets (Forex) as one of the largest trading markets in the world, many have thought about venturing into this highly lucrative world. However before plunging into this business one needs to prepare and make certain that they are equipped with the right tools.

REALTIME FOREX - ONLINE CURRENCY TRADING

Realtime Forex offers 24 hour online currency trading on live market prices using its proprietary forex software. Realtime Forex's currency trading service also includes free forex charts,market news,daily market comments and analysis.

• 24 Hour Trading
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• Free Charts and News
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Currency Trading – The 80-20 Rule Learn It And See Your Profits Soar

In Currency trading if you learn the above as a novice you can increase your chances of financial success and if you are trading already it can make your existing forex strategy more popular.
Lets look at how to apply the 80 – 20 rule in currency trading and make triple digit annual gains.

Definition

The 80/20 rule was developed by Italian economist Vilfredo Pareto to describe the unequal wealth in his country.

He noted that 20 percent of the people owned 80 percent of the wealth.

The 80 / 20 rule has been applied in other areas and is very applicable to profitability.

Lets look at its significance in general business terms and then apply it to financial currency trading.

Often 80% of a company’s sales will come from only 20% of their key clients.

The point of the Pareto principle is to suggest that you focus your energy on the 20 percent that really matters and if you think about it makes total sense – you focus on where the profit potential is best

The 80 / 20 Rule applied to Currency trading

One of the reasons most novice traders lose is they trade to much – they think that if their not trading their missing an opportunity, this is typical of forex day traders, who think they can win trading frequently, they can’t and never do.

Other traders trade on emotion and news and again get hammered.

There is absolutely no correlation between how often you trade and your forex profits, in fact the LESS you trade can lead you to currency trading success.

How To easily make triple digit gains

Look at any currency chart and how often do you see a really big move - that’s one that is a strong sustained trend, with very few or small retracements?

About half a dozen times a year across the majors.

If you took the 80 / 20 rule and applied it to currency trading you would come to the conclusion that these are the trades that make the most money and are the ONLY ones you need to hit to make spectacular gains.

So you trade less but you make a lot more.

Sounds simple?

It is - yet very few currency traders are able to apply the rule and never adapt their forex strategy to take advantage of it.

If you do, you can make more profits with less risk and spend less time executing your trading signals.

Focus on hitting the really big trends and a clue to finding them is, they normally take place from new market highs.

Look for valid resistance that is strong and been tested numerous times, is considered significant and then trade the breakouts that occur.

Risk as much as you can only these trades.

Do it and adapt your forex trading system to do this, you will achieve currency trading success and triple digit regular annual forex gains will be a realistic objective

Critical Checklist For Forex Trading

Before you ever even engage in your first transaction in the forex trading market you need to take some time to carefully review all of your options and choices available to you, but at the same time, there are a few things that you need to follow in order to get started. The exact method that you choose to prepare with is entirely up to you, but following these general steps is always useful.

You should first go to the time and effort to locate a wise broker. With the door closing quickly on investments you need to know someone who can readily understand the goals that you are after, but also help you copy those goals and achievements down only paper so that you have a written set of goals to use. This will also be helpful to ensure that you are making goals that are actually realistic also. Of course while people might want to dream about it, there is very little that you can actually do to engage in transactions in currency trading that will return profits in the levels of 100% or higher.

Keep your minimums low is another good idea when dealing with a currency transaction. The higher the amount the greater the returns obviously, but this is very difficult for most beginners. This means you really should stick to some lower amounts until you have figured out exactly what you are doing. You can always raise the amounts once you gain some knowledge and experience to ensure that details are worked out properly. Starting out slow will ensure that you have plenty of money to learn with, but if you are using a demo account before you even start investing actual money you will find it does not take long to gain the experience and skill necessary to make larger trades successfully.

Look toward the internet to be your friend. By providing continuous updates, you will find that the internet is truly the best source of information pertaining to issues that affect the exchange currency market. This information can help you to make some split second decisions, but will also prove useful in just watching the market to see what impacts the news carries on a long-term basis. If you are careful, what you do and which information you look at you will generally find that you can locate information on any currency that is completely accurate within a matter of minutes.

Another great idea to take some time to decide upon a currency pair or pairs that you want to work with. The currency market of course allows you to trade currency for any other currency you want, but really this is far too many choices for most people. It is important to watch the market and really learn what is going on, and this will require that you limit yourself usually to much fewer choices. The best way to do this is to create a trading pair. This is what you will use, and you will continuously trade currency between the pair. You can create several pairs, but generally, no more than two to begin with is best to allow you ample opportunity to learn how the pairs actually relate to each other and ensure you are able to clearly identify the patterns that they follow. Increasing to more pairs is always allowable once you have a firm grasp of the basics.

Critical Mistakes in Forex Trading

An average person has a very simple life, because of this they are blissfully unaware of exactly what the problems are that they can encounter. Knowing what the potential disasters are before you get started can help you to ensure you do not find yourself in the same situation. Remember, there is nothing wrong with learning from the mistakes of others and a bit of effort carefully placed into the proper research will allow you to reduce your expenses, save hassle and make money much faster.

The very first mistake that is made is not entering a stop loss order. This is a useful tool that will allow you to quickly and easily set a minimum to the currency that you hold. Once it drops to a certain level it would be arranged to automatically sell. The benefit of this is you do not even have to watch the market directly to have your currency sell at the level that you desire. This is quite useful in the event that you are not interested in taking a loss on your transactions. Because of the turbulence that the market gives, it is very dangerous to not have a stop loss order in at almost all times.

Allowing yourself to become wrapped up in emotion as well will cost you thousands of dollars in the forex market. Knowing that you have some problems with emotion will allow you to learn how to distance yourself while still getting all of the benefits that you need. If you start to think that you are never going to have any problems with disasters striking you will quickly discover just how hard it can be to make things work out properly. Taking some time to practice separating yourself from the situation is extremely important.

Another critical mistake that is often made is trying to predict what the market is going to do. This can create some serious problems because it can often lead to overconfidence. You absolutely have to stick to just facts rather than trying to just guess or predict what the market will do. If you decide to try guessing you might luck out and make a correct guess or two, but the majority of the times you attempt at just guessing you are going to lose money. Avoid this situation if at all possible and instead focus on getting all of the information you can possibly gather together to avoid making an incorrect decision.

One other mistake that is often made is treating investing as if it is a hobby. This creates a lot of problems for people when they are trying to work on straightening out details. Making money at forex is possible, but only if you treat it like an actual business. In order to be truly successful you need a business mindset and you need to be thinking clearly when you are working on all of the transactions. If you have no clue what you are doing, you will quickly discover that the entire process is useless and provides you no major benefits. In order to really enjoy the process, you absolutely must take the time to determine your goals and a course of action. Diving right in and getting started working is not a safe idea, not is it a wise investment of your money.

The right mindset is one of the biggest things that is required in order to be secure while engaging in transactions in foreign exchange. Knowing what the major problems tend to be and working diligently to avoid them will help you to ensure you get on track properly and stay there. Taking control of your forex experience really is possible but you absolutely must ensure you get started successfully. Starting out properly is much easier than trying to fix your mistakes after the fact. Success is possible, but avoiding these mistakes will help further ensure all of your success.

How To Choose A Forex Trading System

Choosing a Forex trading system should be a careful decision for you. Choose the wrong system and you’ll be out of pocket for both the cost of the system and the cost of the trades that went wrong when you follow the trading system you’ve just bought.

Make sure that you check out the various reviews and forums that are available online.

If you’re relying on a review, make sure that it comes from a site that you can trust. If the design of the site looks cheap and unprofessional and is littered with flashing adverts then it’s worth pressing the Back button fast!

Forums are probably a better bet as you’ll get lots of different opinions from the regular people who post. The better forums may even have a section devoted to systems, with a number of user reviews of each one.

Take the time to seek out this kind of advice. It will cost you time but almost certainly save you money.

Forex Trading Styles

There are two main Forex trading styles that are used by a majority of Forex traders:

• Technical Trading
• Fundamental Trading

Each of these has its differences, so let’s look into them in some more detail.

Technical Forex trading is primarily based on one of two tools. Charting tools are, as the name suggests, charts of past currency movements. As with any chart, you can add in trend lines to help smooth out the minor fluctuations and allow you to see the bigger picture. Of course, charting is a lot more complicated than mere trend lines but there are software programs out there that will help with your chart analysis. Once you get deeper into charts, the other main technical Forex trading method is the use of Quantitative Trading Models. These use math to analyze the markets and identify opportunites for trading. Technical trading uses past data to endeavor to predict future movements in the market.

Fundamental Forex trading involves the analysis of things such as key economic data. This includes reports from governments, current event news coverage and any other data that the fundamental analyst considers useful. Fundamentalists consider that currency movements are mainly affected by economic and political conditions and events. Whilst central banks have been known to get involved in the currency markets, this has become less common in recent years. Fundamentalist Forex trading looks at interest rates, inflation figures, balance of trade figures, Gross Domestic Product, retail price indexes, producer price indexes amongst other factors.

You need to decide which of these two trading styles fits best with your own personal style as well as the amount of time you have available for analysis and any help that you can get from computer programs.

Forexyard is the leader in online currency trading. It provides real-time deal execution, free Forex charts and quotes together with 24 hour commission free Forex trading.

Forex what is it anyway?

FOREX is literally an abbreviation of the words Foreign Exchange - the trading of International Currencies.

The market
The currency trading (FOREX) market is the biggest market on earth with a daily turnover of more than 3 trillion dollars. The participants in this market are banks, organizations, investors and private individuals.

The Forex goods are the currencies of various countries. You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. Or perhaps you're simply exchanging the pound or dollar to buy an overseas property.

How does one profit in Forex?
Obviously, you buy cheap and sell for more! The profit potential comes from the fluctuations (changes) in the currency exchange market.
The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100!

How risky is Forex trading?
If you trade on the futures market, ie agreeing to purchase or sell a currency at some time in the future - the risks can be high due to the nature of the contracts. Options are less risky as they generally carry a maximum risk from the outset. Spot or cash exchange carries no risk. You simply exchange what you've paid for at that days rate. If the curency moves up or down afterwards, it doesn't affect you.

Foreign Exchange and International Currencies

All of the world's currencies and foreign exchange markets including the dollar, pound and euro are interconnected with each other.

If the value of one currency goes up, then the value of another currency usually goes down.

Forex Trading Strategies

With stock prices tumbling almost daily, multi-billion dollar Ponzi "investment" schemes wreaking financial havoc in people's lives grabbing headlines, and decades-old companies scrambling for the shelter of government bailouts, it's not surprising that seasoned stock traders and investment novices alike are feeling quite shell shocked.

Many have stepped aside from trading in the stock market and are looking for alternative ways to earn a comfortable living. Quite a few have found it in the Foreign Exchange Market, commonly known as Forex.

The more astute amongst them are getting Forex training before risking even a penny of their capital.

Forex is the biggest financial market in the world. Over three trillion US dollars per day are traded on the Foreign Exchange. It's an over-the-counter market that offers extreme liquidity to the people who trade it.

You can trade Forex from anywhere in the world twenty-four hours a day, five and a half days a week.

One of the reasons most folks who are considering trading this market need forex training is because they will be dealing with an entirely new investment language.

For example, as a trader you will be trading currency in pairs – buying one while selling another. Essentially you will be speculating that one currency will either rise or fall in value against another currency.

Although virtually any currency can be traded, Forex focuses primarily on the "majors". These are the British pound, the US dollar, the euro, the Japanese yen, the Canadian dollar, the Swiss franc, and the Australian dollar. All of these currencies are quoted in pairs.

Since nobody has a crystal ball, Forex traders make their money by exploiting market probabilities.

Traders need to have a thorough understanding of different tools, different markets, and different trading strategies along with how and when to use them. Otherwise they can very quickly lose substantial amounts of money.

However with proper forex training, these same people can gain a trading edge that could earn them substantial profits.

Knowledge to Action has recently launched ‘Ultimate Forex Secrets Seminar 2009’. When you attend you will also receive a ground-breaking 60-page report - "Millionaire Forex Trader Secrets" This report contains some of the key money making secrets of the Forex community!

Forex Currency Trading Market

WHAT IS FOREX CURRENCY TRADING?

If you read about investing, you've seen the word forex trading. But because forex doesn't get much publicity in the major publications and websites, many investors don't know that forex is just short for "foreign exchange". So trading the forex market is simply trading foreign currencies.

As recently as ten years ago, currency trading had high barriers to entry, so only large banking and institutional firms had access to the tools and systems required to play in the forex trading game. Recently, however, technology has developed to the point that any individual investor can hop right in and trade with one of the many online platforms.

When buying and selling in the forex currency trading system market, you'll see that there are four "currency pairs" that dominate the percentage of trades. Those four are the Euro vs U.S. Dollar, US Dollar vs Japanese Yen, US Dollar vs Swiss Franc, and US Dollar vs British Pound.

The goal when investing in currency is to be holding a currency that appreciates in value in relation to the other currencies. To use an overly simplistic example, if you bought 50 British Pounds for 100 US Dollars, held the Pounds for 1 week, and in that period the value of Pounds increased in relation to US Dollars, you could then convert those Pounds back into dollars for, say, $120.

Unlike the domestic stock markets, the forex currency trading is open for trades 24 hours a day. Much like the phrase "it's always noon somewhere," it's always business hours at some region of the globe. Since every country trades on the FX market, and it's open all day, the daily volume is roughly $1.2 trillion, which dwarfs that of the NYSE. Another comparison to make in order to truly realize the magnitude of the forex market is with the currency futures market (which has around 1% of the daily volume).

One other important distinction to make is that forex currency trading is not centered on an exchange like the NYSE or NASDAQ. There is no central body or organization required to act as middleman. Trading circulates between major banking centers around the world.

Until recently, there were strict financial requirements and massive minimum transaction sizes which prevented individual investors from trading. But with the advent of the internet came the FX brokers. A forex currency broker is similar to an online stock trading account such as etrade.

Anybody can open an account and buy and sell in any quantity. Because the brokers have thousands of investors placing orders through them, they are able to meet the large minimum transaction size by purchasing in large blocks and distributing currency amongst the purchasing investors.

Although it is now easy to start trading forex, it is a complicated and complex market. While it offers fantastic opportunity for wealth, it is also very easy to lose your shirt in a hurry. Before trading forex, do your homework and read as much as you can find before investing your hard earned money.

Overview of the Forex Market

The speaker provides an overview of the forex market. He suggests that the forex market carries the most amount of liquidity in relation to any other type of securities market. Not only is there tremendous liquidity, there is also trading available 24 hours per day; however, this can be a negative if you cannot pull yourself away from the screen.

He also talks through the leverage that is taken in the forex market. Typically, traders will use 200:1 leverage when placing trades. New traders should be extremely careful as their accounts can be wiped out on 1 trade if proper risk management is not employed.

Another benefit of the forex market is that it only moves dramatically when macroeconomic events take place, as opposed to a stock which can have a huge drop overnight due to earnings releases or other negative news.

Currency Charts

Forex Market Comparison

Forex vs. Stocks

Trade Around the Clock

The forex market is a near-seamless 24-hour market. Subject to available liquidity, FXCM offers trading from Sunday, starting after 5:15 PM EST, until Friday, 4PM, EST (FXCM Client Service is available 24/7). With the ability to trade around the clock, currency traders have the advantage of customizing their own trading schedule; they can usually get in or out of the market at any time without waiting for an opening bell or encountering a market gap. While trading stocks after usual market hours is possible, very often that possibility is negated by a lack of order flow or a drastic widening of the bid-ask spread.

Pay No Commissions*

In the forex market costs are confined to the bid-ask spread. FXCM charges no commission or additional transaction fees, and its customers trade on spreads provided to FXCM by some of the world's largest banks via the FX Trading Station. In the stock market, “no-fee” programs are frequently offered only with provisos mandating minimum account balances or minimum trades per month.

* FXCM is compensated through the bid/ask spread except where otherwise noted. Please note commission charges apply for certain classes of non-standard accounts such as Active Trader. For additional information click here.

No Uptick Rule

Unlike the equity market, there is no restriction on short selling in the forex currency market, no matter which way the market is moving. Since currency trading involves buying one currency and selling another, a trader has the same ability to trade in a rising market as in a falling one.

Forex Market Information Easily Accessible

Information about stocks is abundant, but so are the stocks. Finding a trade opportunity in the equities markets may mean sifting through data on thousands of stocks, while the forex trader has only six major currencies to research. Additionally, the vital information that moves equity markets, such as revenues and profits, is proprietary and private, and sometimes subject to fraud, deception and insider trading. In contrast, virtually all of the news that bears on the forex market is in publicly disseminated reports from governments or research institutions, and released to everybody at the same time.

The knowledge you've gained in analyzing stocks is easily transferable to the forex market. Many of the economic indicators familiar to equity traders, such as payroll data and interest rates, affect the currency markets. And many technical traders have found the forex market to be particularly attractive, since currencies respond well to many of the common technical indicators, such as MACD, RSI, and Candlestick charting

order to lock in the profit.

The Advantages of Online Forex Trading

Every year the attraction on online trading is fast increasing specifically on trading shares and forex trading. The coming out of a new profession, that is, dealer of currency, was caused by the remarkable development of the Internet. Forex trading can be done now not only in the office but also at home. Hence, the online forex trading was well accepted.The level of qualification for forex brokers was raised due the incredible advancement of online forex trading, the security program and telecommunications. Somehow, the online forex trading made the forex brokers to develop more their abilities for their own sake. Surely, the danger will be lower while on the operation. Thus, if the level of trading qualification is higher, then the trade amount will also be higher.The typical methods of the forex trading were completely changed because of the presence of dealing systems, which is automated in the eighties, together with the co-coordinating systems in the nineties. The systems of dealing are online computer systems wherein the banks are integrated in a united net, whereas, the co-coordinating systems are electronic brokers.The forex traders will have an increased number of present transactions because the dealing systems are very dependable and very efficient. Furthermore, they are safer as you will see the executors of the dealings. The online forex trading is continually expanding precisely of the dependability, safety, and swiftness of the dealing systemsThe online forex trading has been widely accepted considering the basic role of the computers. The dealing systems and the co-coordinating system are interconnected to all the traders of the world, thus, forming an electronic brokers market. The account report, filling vouchers, the work of the secretary, and the methods of lowering the risk are well in place.In order to use your investment capital to the maximum, you should be wise enough to avail the online forex trading. What are the advantages of the forex markets online? They are different compared to the other traders. We have the following advantages.1. The biggest market is the forex market. Forex traders are given approximately limitless liquidity and flexibility.2. The forex trading does not sleep. There is no need to wait for the opening of the market. They are open all night. This is the motive why the online forex trading is very much popular that suits practically to your day or night.3. You will have the same opportunity in having a profit whatever way the currency goes to. Aside from that, there are only fourteen pairs of currencies to trade, as compared to the several thousands of stocks and options.4. The online forex trading gives a great leverage. Your resources for investment will be treated to the fullest on online forex trading. In view of this, traders avail the online forex trading.5. The prices of the online forex trading are unsurprising. Prices of currency, though unstable have the tendency to produce and go along with the trends.6. There are no commissions for online forex trading. No exchange fees or any unknown fees whatsoever. The forex market is so transparent. No computation of commissions or any fees in executing a deal.7. The online forex trading is amazingly fast. The orders can be done within 1-2 seconds. You can choose whichever you think is faster and something that will be profitable for you.
financial freedom offered by Forex trading.

The Right Choice of a Forex Broker

The Forex market has been considered as the biggest financial market in the world. For many years, it has been only the big corporations and skillful professionals who were very much involved in the market. Nowadays, there are a lot of people who are engaged with this profitable yet risky to the unlearned worldwide business.However, for those who are beginners, which include the individual and minor traders, consider this kind of market as something new to them. Sometimes, they are so doubtful whether to invest or not. They have inadequate or the least knowledge about the process of operations and possibilities to expand in the future. This lack of knowledge can lead to financial loss.In view of this, the traders must be educated first regarding the trading system and how it operates or utilizes professional help of a knowledgeable forex broker. Do you have a clear idea about these brokers? In the strict sense, brokers are individuals or companies that will be hired to buy and sell orders according to the decisions of the investor. In order to make money, brokers will ask for a fee or commission for services rendered. It is necessary for the forex brokers to be connected to the big financial institution like for example the bank, so as to get funding for the margin trading.As a starting point in forex trading, you need to open an account with a forex broker. The forex broker will be used by forex traders in taking care of their business dealings. The forex broker will act as a consultant who guides you regarding forex market. You will be allowed by the forex broker to work for one day with major currencies namely, EUR, JPY,GBP, CHF etc. against the USD immediately, that is in accordance to the current price in the market for forex international exchange. Your abilities together with your suitable decision will be vital for the level of profits.Moreover, the forex broker will give you technical analysis and even provide tips on how to make a research in achieving their success traders of forex. Sometimes, forex broker will offer suggestions regarding what moves are you going to make about forex trading.Maybe the function of a forex broker is practically unnecessary, due to the development of technology and increased awareness, but we can not entirely disregard his role. The introduction of a new model has affected even the financial markets. But later on many banks and brokerages had expanded their services by wrapping up their online trading systems for retail market. Hence, more traders use their computers to have an access even currency market which are out-of-reach. The forex broker now will be needed in this area of forex marketIn choosing a forex broker, you need to be wise about it. Of course, it is expected that there will be a lot of brokers who will offer their services online. Before making a decision of choosing a forex broker, do not forget to make some research. The amount of time spent somehow made us to know more about the available services and the fees from different forex brokers.There are several things to consider before you open an account to a forex broker. First, the forex broker must a license holder and registered as a Futures Commission Merchant (FCM) together with the Commodity Futures Trading Commission (CFTC) so as to avoid deception and trade practices which are offensive. Second, you should know the fees concerned. Is the spread fixed or variable about the kind of account? Third, the speed of execution. Fourth, the platform of trading. Fifth, the forex broker should give 24-hour support. Sixth, it must have solid financial backing. Seventh, always get a demo account.

TFI FX PLATFORM

The platform boasts a simple and user friendly interface that allows clients to easily monitor their transactions, manage their account and perform a variety of technical analysis. Some of the features include:Coverage of the financial markets.Constantly updated real time prices.Instant execution, order placement, stop-loss and take-profit orders.Users can define and view unlimited charts.Daily account statement.Multi-lingual platform with up to 20 different languages to choose from.You can program your own trading strategies with the Expert Advisor.High security through the strong encryption of information transmitted.Customized technical indicators and the ability to script more.

Beirut Stock Exchange

BEIRUT: The Beirut Stock Exchange underwent a relative dormant week of trading as regular activity was interrupted by the festive period. Nevertheless, the decline in global capital markets and in particular Gulf stock exchanges weighed down on investor sentiment as they preferred to realize their remaining positions in anticipation of worse times ahead. Thus, the Blom Stock Index dropped by 1.55 percent on a weekly basis to close at 1182 with a year to date decline of 21.28 percent. Weekly traded volume and value also went down significantly by 71 percent and 81 percent to 372,788 and $4.5 million. Out of the 26 listed stocks on the Beirut Stock Exchange, 12 exchanged hands during this slow week, which saw only two gain in price, while seven decreased and two stabilized. Solidere stocks alone represented 70 percent of the total value traded while the banking sector accounted for the remaining 30 percent.

My Forex Experience

I can just assume that my first contact with Forex is similar to many others. I stumbled upon a website with a Forex ad. It promised big profits. First I thought, that can't be as I did know nothing about leverage. I thought you exchange funds from one foreign currency account to another and make 10 to 20% of profit over the course of various years, but little did I know. Finally, I decided to find out about Forex trading and opened a demo account with Saxo Bank. The demo account was loaded with 75k US$ and the game with currencies and spot gold opened my eyes. You could take 1000 Dollars and have the power to trade 100,000 $ worth of a currency cross. I played around and was impressed. I was like a kid in the candy store. I opened a coupe of trades and made nice 5 digit numbers, on other trades I lost. However, I did not pay to much attention to the losses. The gains were thumbing my sight. It is possible to make great gains if you end up on the right side of the market. Of course it's not that easy to figure out where the market is going, but as long as you play with fake money you can be sure that the market will float up and down a bit and hit your profit stop sooner or later. All you need is patience, a good risk management and a stable market. But what happens if the market is not stable? Pretty easy answer: you may lose all the money in your account within a very short time. Gone. History. And that's what happened to me with a couple of demo accounts and real money. However, I never gave up and came back to learn more and more about Forex online trading and today I am able to make a living as a Forex day trader. I don't have a strategy to sell as so many other traders and I don't endorse any particular strategies or FX systems. I just want to use this blog to write about my personal Forex experiences and hope it will help other traders as well as myself to remind me about old mistakes so I don't forget about them to soon. I got a lot of information and advice from various Forex blogs and message boards and I am very thankful for it. Maybe my little Forex blog will help others to find valuable resources or alternative trading platforms. This would make me happy :-)

Things to Watch Out for in Forex

Of course international currency trading also has a few notable things to watch out for. First of course is the market trend. Because nothing is certain, you always have to be on a lookout for great currency opportunities. You should also be able to do plenty of forecasting especially if you aim to plunge into new currencies. The trade should always be a continuous learning process for you and because of this, you should expect failures and bad trades to happen along the way.