* MARKETThe currency trading @ Forex (foreign exchange) market is bigger and fastest growing market in the world. Daily turnover more than 1.4 Trillion Dollar daily. The participants in the market are commercial bank, corporations, institution investor and also private individual like you.* WHAT HAPPEN IN THE MARKET??In Forex market, the currency of various country are place to trade. For example for currency- US Dollar- Great Britain Pound- Japan Yen- Australia Dollar- Canadian Dollar* HOW TO MAKE PROFIT FROM FOREX??In Forex, there is a huge different with stock trade. In stock trade, when a price rising, investor can make a profit and when price going down they lose.Forex you can make profit both when the currency is is going up or going down. You can buy the currency in bottom and sell in top. This is Your Forex Solutions.There is a magnificent of FOREX..HOW DO I START TRADING??There is many Forex broker you can choose and use to start trading. For Your Forex Solutions and for a newbie, i suggest use this 2 platform..1 ) Marketiva2) LiteForex.* MARKETIVAYou can use Marketiva as a platform to you start trading. It easy and friendly user.
link partner
search engine
visit counter
Hit counter provided by website-hit-counters.com website. |
Blog Archive
-
▼
2009
(26)
-
▼
April
(26)
- INTRODUCTION TO FOREX
- Risk Aversion Benefits the Dollar
- Fire Your Boss Today
- Forex can make you financially free
- Bold 2009 Prediction for You
- How to Use Elliott Wave Analysis to Boost Your For...
- In Forex Trust Yourself
- WHAT IS IT?? HOW DO I START TRADING??
- HOW TO DEPOSIT OR WITHDRAW FOREX FUND??
- AUDJPY: Risk vs Opportunity
- Was That My Forex Correction?
- HLB unveils real time forex rates
- DXSynergy - Trading Facts You Must Know
- Forex Trade: Main Drawbacks of a Forex Trader
- A Lot of Forex Trading Tips
- Q1: Dollar Down 4%
- Canadian Dollar Spurred by Oil
- UK: No rate Cuts for 2 Years
- Correlation or Causation
- AUD Draws Closer to Parity
- Central Banks Defend Krona
- The next leg down should find the bottom
- This is scary
- It's nice to make money. Money's green. Perhaps we...
- STATE SALES MANAGER / REPS NEEDED
- Types of investing and the present vacuity of comm...
-
▼
April
(26)
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)
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.
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.
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.
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?
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 Grail
Many 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 Money
Unfortunately 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.
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 Grail
Many 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 Money
Unfortunately 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.
Subscribe to:
Posts (Atom)