Learn about Forex Trade Website
Thursday, March 06, 2008
More Forex News

Featured Forex Article



Some Quick Forex Information

foreign exchange converter



The learning curve for Forex investing is not too steep, but you still must use dilligence when approaching the subject. There are a number of technical issues you must address, and these will take your undivided experience.

foreign exchange rate



DIFFERENT CENTERS
The first hour after opening in Tokyo tend to provide the best liquidity of the day and that is when most heavyweight players try to position their way without having much difficulty for the day. Sydney open is more often used as an ambush hour by certain players using the time window till Tokyo open. One rule of thumb is when Yen jumps at Tokyo open the chances are it will continue throughout the day and a few more days. On different point, learn to position trade Yen or any other currency if one is really going to make a big money one day. Fwiw.
One hour from Tokyo open, London open and NY open are the times where most liquidity of the market exist. And that is where market makers are busy setting the trend for the session or even the day. Your observation has a merit because most of the session or daily moves are started either in London open or Tokyo open or NY open. Especially London Open. Other markets are too thin for any good sized traders to make their market views felt. Good luck.
London is just a market place where all sorts of Forex folks flock to buy and sell. It does not have to be London folks. It could be anyone from anywhere in the world with deep pockets who start setting the market direction on a given day. Same goes for NY and Tokyo sessions markets. In any case, Tokyo and NY still relatively small markets when compared to London as far as Forex goes.

forex chart



A WORD FOR NEW TRADERS
Traders that try to pick the tops and bottoms of the market throughout the day end up with mostly misery because inexperienced fellows in Forex departments even in first division clubs try to pick the tops and bottoms believing that is where the real big money is. And ego demonstration and bonus consideration comes into play too for smart college graduates. The first thing I do when facing new recruits is, do my best to destroy their ego and fear in the market first. Once their ego and fear are reasonably cured, they become dutiful followers of the market like Pavolv?s hounds and they can survive. And once they can survive, they can be taught on how to put temporary tops and bottoms to the market at much higher level of speculation school. Then, that may take at least a decade of training too.
Check out the first commercially available Stock Trading Robot Which Earns $346.77 Per Week

Today's Forex News

Carlyle Capital can't meet margin calls

Thu, 06 Mar 2008 13:07:10 EST
Read full story for latest details.




Forex made Easy
Forex Trading System
Online Forex Trading
|
Add To Blogmarks reddit digg Technorati
Forex Related News

Our Featured Forex Writer


The First Commercially Available Stock Trading "Robot" Which Earns $346.77 Per Week

Forming an Opinion Which Way Your Chosen Currency Might Go

By: Paul Dubsky

It is known that currencies react to a series of events such as inflation, interest rates, the state of the economy, and so forth. Because of this, it is vital to keep evaluating the various data, in order to form an opinion of the direction the currency of your choice might be heading.

Let us look at inflation and what it actually means. It is not about a particular model of a boat or a motorcycle, or certain services costing more money, which could be due to business enterprise success or failure, but about a widespread increase in prices throughout the country.

The rate of the inflation is based on a calculation of the average price change right across the economy. This is usually taken over a period of a year, hence the term annual inflation.

If there is an annual inflation rate for a particular month, say March this year of two per cent, it would mean that the prices in general were 2 per cent higher this March, than in the same month last year. Therefore, a blend of usually purchased items costing GBP100 last March, would be costing GBP102 this March.

To get the right reading, prices are taken all over the country in many sectors like the supermarkets, big stores, travel and insurance firms, etc.

There are other issues which set the level of inflation in the economy, but the fundamental causes of inflation have to do with the extent of demand in the economy, and can be narrowed down to how much cash can be spent in relation to what can be produced.

When demand shoots up above what can normally be produced in normal circumstances, this upward pressure creates a rise in costs and prices. When the demand is down, this creates a downward pressure in costs and prices. To keep inflation controlled, it is required to keep a balance between the demand and output situation. When you have an excessive demand to the supply position, you have a formula to generate an inflation climate. This is the reason for stability as a goal.

Lowering interest rates may well see a rise in output, but only for a limited period. If both demand and output have been strongly increased and then suddenly fall, it is called boom and bust.

It is also useful to keep an eye on the extent of the employment and unemployment figures. These can indicate the size of the economic movement as well as the weight of labour demand, increases of wages, and of prices.

Do not forget to take notice of the (CPI) Consumer Price Index which is an important measure of inflation.

Watch also the balance of trade situation. A trade surplus is a positive balance of trade, namely the exports are bigger than the imports, whereas a trade deficit is a negative balance of trade with imports being larger than exports.

There are a number of other points that can be looked into of course, but the main ones are important to keep in mind at all times.

A number of people follow the charts, and keep an eye on what the position was year after year.

There is no known magic formula as such, to positively determine the direction of any currency pair, but being informed as much as possible, goes a long way to narrow the odds against you.

Paul Dubsky is director of Foreign Currency Exchange Services Ltd. http://www.foreigncurrencyexchangeservices.co.uk/

More Thoughts On Forex

forex made easy



In the new millennium, the Forex trading has become accessible for an individual investor or small group of investors. In the current scenario, investors reap many benefits from Forex trading than stock market, e-mini futures and such other trading. Today mostly traders are choosing Forex trading than stock trading because there are approximately 4,500 stocks listed on the New York Stock exchange. Another 3,500 are listed on the NASDAQ. In spot Forex trading, you have 4 major markets, 24 hours a day 5.5 days a week. If you are so inclined, you have approximately 34 second-tier currencies to look at in your spare time. You can concentrate on the major forex and can find your trade. When you are investing in forex you can spend your afternoon on the golf course or with your spouse watching movie or celebrating holidays�in short it is easy and hassle free than stock/future market.

foreign exchange students



When you are trading and investing in any market, including the Forex, you must have the discipline needed to be successful. Although the system is enormous and there is a lot going on that you won't be involved within, you must actively protect your investments. Your investments will not be protected just because they are in the market. A lot can change throughout a day, so you have to always be aware of what is going on in order to be fully protected to your best ability. You should always make logical and researched decisions when trading. It is not a system to use to "get rich quick". It is a serious financial system that can break your pocket if you are not careful.

foreign exchange rates



Forex currency trading is the simultaneous buying of one currency and selling of another.

Headline News About Forex

British Airways warns on earnings

Thu, 06 Mar 2008 11:31:20 EST
Read full story for latest details.




Forex System
Forex Trading
|

Labels:

Add To Blogmarks reddit digg Technorati
Learn about Forex Trade-Bargains and deals on Forex Trade

forex

My Photo
Name:
Location: Farwell, Texas, United States

I teach speaking and after hour classes. I spent over two decades as a factory worker.

ARCHIVES
Mar 5, 2008 / Mar 6, 2008 / Mar 8, 2008 / Mar 9, 2008 / Mar 10, 2008 / Mar 11, 2008 / Mar 12, 2008 / Mar 13, 2008 / Mar 14, 2008 / Mar 15, 2008 / Mar 16, 2008 / Mar 17, 2008 / Mar 18, 2008 / Mar 19, 2008 / Mar 20, 2008 / Mar 22, 2008 / Mar 23, 2008 / Mar 25, 2008 / Mar 26, 2008 / Mar 28, 2008 / Mar 30, 2008 / Mar 31, 2008 / Apr 2, 2008 / Apr 3, 2008 / Apr 5, 2008 / Apr 7, 2008 / Apr 8, 2008 / Apr 10, 2008 / Apr 11, 2008 / Apr 13, 2008 / Apr 14, 2008 / Apr 16, 2008 / Apr 18, 2008 / Apr 19, 2008 / Apr 21, 2008 / Apr 22, 2008 / Apr 24, 2008 / Apr 25, 2008 / Apr 27, 2008 / Apr 28, 2008 /




Simpify!


Powered by Blogger

forex