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Friday, October 16, 2009

Enjoy forex trading




Hey all, forst time posting here after coming across the site a few days ago.

WOW what an intense few days of net surfing I have had, several property forums, small business forums and now this..soo much to learn.. I can feel my brain expanding already =P

I got this e-mail just yesterday, and wondered if anyone had come accross it before ? E-mail link was to here http://www.forexenterprise.com/ .

Any feedback would be much appreciated =)

Free 20 Page Forex Trading Systems Guide


A brand new free guide on forex trading systems has just been released at http://www.fxsystemscompared.com

The guide is 20 pages long and is FULL of top quality information which WILL help you pick the best forex trading sytem for you.

Here's what you get from signing up:


* How to easily avoid forex scams
* 7 essential tips to prevent you losing any money in the forex markets
* Much more

The Secret of Best Time to Trade Forex

Forex is a 24 hour market, what’s The Best Time to Day Trade the Forex Market?
The Absolute Best Time To Trade Is From 3 AM TO 11 AM EST.
The New York and London trading sessions overlap between 7 and 11 am EST.
The volatility is much higher and trading opportunities are much more frequent with
bigger moves, especially in these four hours. You can make 30-100 pips
trading in a few minutes or hours, using any of your strategies in any time
frame.
Three major forex trading ‘sessions’ are as follows (Eastern Standard Time):

* New York open 7:00 AM to 4:00 PM
* Japanese/Australian open 7:00 PM to 3:00 AM
* London open 3:00 AM to 11:00 AM
The beginning 3-5 hours of the above mentioned opening times is the best time to trade, The major currency pairs tend to move the most in a particular direction. Especially when there are economic news releases.

The currency pair that moves the most during these hours are the Usd/Chf ,Gbp/Usd, Eur/Usd,Usd/Jpy.

The economic news release is scheduled for 8:30 AM EST. If you are in a
trade at this time, make sure you have your stop loss at a place you are happy with.

The volatility is scary and fast, you can jump in once you see the major trend, usually after the first 5 minutes. Look at a 30 min chart to check the major trend.

Check your local time a

BetOnMarkets - A historic Week

Traders, investors, and financial journalists must have been glad to reach the end of a week that will surely go down in the history of financial markets. The FTSE closed the week just 66 points down which the S&P 500 actually managed a small profit. Homeowner, the closing figures do not even begin to tell the whole story with the FTSE trading in a 521 point range and posting its best one day rally in history on Friday.

The turmoil began last week with the bail out of Fannie Mae and Freddie Mac. This raised hopes of a similar bail out of the Lehman Brothers. To say that investors were shocked when Lehmans was not only denied a bailout, but filed for insolvency would be an understatement. Lehmans collapse sent shockwaves throughout equity markets sparking a domino effect that knocked over Merrill Lynch, AIG and HBOS .

Even the most seasoned investors had a hard time steadying themselves last week as the newswires continue pump out dark news, and once in a generation headlines. Fear was understandably widespread with the Russian stock market suspended indefinitely after dropping 10% in an hour, and a large money market fund breaking the buck, meaning they lost their unit holders money. When the supposed safe havens of money market funds start to break down, investors see little choice but to fly to quality. There is a flood of assets transferring to safety of short term US Government Treasuries, forcing the yield on three month Treasury Bonds down to their lowest level since the great depression. Gold endured a remarkable week trading in a $140 range before closing the week up around $90.

On the economic data front, US CPI was in line with expectations, and oil prices have continued to stay below $100. Both of these factors indicate that the inflation monster may be coming back under control. However, the FOMC voted to keep rates on hold last week, initially markets had a mixed reaction. Many believe the Fed has now left itself some ammunition to deal with a weakening economy further down the line. It also sent out the signal that it would not be influenced by market makers into cutting rates as they did back in July.

It was the two emergency announcements on Wednesday and Thursday that had the greatest impact last week. After central banks dropped a coordinated liquidity bomb overnight on Wednesday, global equity and credit markets initially seemed to show a very cautious reaction. The greatest reaction seemed to come from the Feds plan to create a giant bad bank that would absorb many of the toxic subprime assets held by banks. This measure accompanied with a crack down on short sellers, seemed to have hit the nail on the head for the financial institutions, with the root cause of the credit crunch (sub prime assets) being attacked.

Next weeks headlines will be dominated by Ben Bernankes testimony before congress starting on Wednesday. We also have US existing home sales on Wednesday and new home sales on Thursday. However, the planned economic announcements could be secondary to any surprise headlines or further emergency measures. When stock markets move percentage points in the matter of minutes, anything can happen.

Although equity markets bounced last week, the panic at one stage reached such an extreme that the yield on 3 month US Treasuries reached 0.02% on Thursday, returning just $2 on a $10,000 investment. Investors werent just running to safety, they were blindly staggering to anywhere with no exposure to the credit markets. When investors press the panic button as they undoubtedly have done, there is potential for a counter rally to set in the short term as we saw on Friday. However, looking at large crashes from 1987, 1997, 1998, 2000 and 2001, the follow on reaction is typically a range bound market. A barrier range trade returns a profit if neither of two predetermined levels are hit within a specified time. A barrier range trade predicting the Dow Jones not to touch 12200 or 10500 over the next 16 days could return 39%.

BetOnMarkets

Managed Fund Program

I’m looking for potential investors with a minimum of only $300, so my offer is good for all type of investors even small investors. I started working as a programmer few years ago, about 4 years ago I actively trading Forex and Commodities and sometimes Stocks and Oil too. I made my own trading strategy and created my own algorithm based on heavy statistical knowledge, technical and fundamental analysis. I’m able to make 10-30% monthly profit providing a medium risk, high return opportunity to my investors. I have three kind of business plans that I want to achieve, looking for investors to do it together and become partners.

1st type of business: I accept investors fund and invest it in Forex, Commodity, Stock and Oil market. Minimum investment per person is only $300 and payment will be made monthly or profit will be compounded and be paid when investor wish.

2nd type of business: My second plan is to start a web service and provide Forex Signals to clients for a monthly subscription fee. I need investors or marketers to do the marketing part and gather clients.

3rd type of business: After sometime You the investor will see that I’m not lying and providing guaranteed results (at least 10% a month) than the best thing would be is to put the part of the capital to create our own investment firm that will be owned by the investors who provided capital for it. At later stage the firm can become a corporation and provide CreditCard service for a monthly fee for the investors.

If you are interested or need more information don’t hesitate to PM me.

Fxopen New branch



Choosing The Right Forex Broker

The first and most important step you will take as a Forex trader is choosing a broker. Forex brokers come in all different styles, types and qualities. Some are very user friendly, with easy to use platforms, instant, hassle free execution and excellent customer service, while others will take your initial in the blink of an eye. It's so important to choose the right broker because you want to be able to focus on trading and let the broker handle the all the other aspects of Forex.

These 5 things to look for will help you find the best Forex broker, the one that's right for you.

1.) Minimum Deposits

As an expert trader, the first thing I look for in a broker is always the minimum deposit. Those offering mini accounts, with a minimum deposit of $25, are generally great for more inexperience, possibly new traders. Those which offer higher minimum deposits are generally geared from more professional, experienced traders who are ready to risk more money trading currencies. While this isn't an indication of whether or not it's a quality broker, it surely tells you the type you're dealing with.

As a newer trader, a mini account with a small initial deposit is a great choice. If you're an expert trader, choosing a broker with an advanced platform geared towards experienced traders may be the best option.

2.) Customer Reviews

Independent reviews and testimony's are very important because they show you the types of experiences real people have had with a specific brokerage. When looking for reviews, remember that people are more likely to post if their experience has been negative and reviews on a broker's own website will always be positive, so I wouldn't even take those into account as they are usually biased.

3.) 24/7 Customer Service

Customer care is extremely important to me! If you're having trouble with execution, using the platform or making deposits & withdrawals, it really helps to have understanding, knowledgeable & caring customer service agents on your site 24 hours a day. Talking to a real person about a question or problem is so much easier and more convenient than reading an FAQ page. You deserve a broker with 24/7 service, after all, it's your money!

4.) Other Services Offered

Check for market news feeds, commodity trading or other currency pairs besides the majors that are offered by all brokers. These types of services may not seem like a big deal now, but once you're making money and gaining experience, you may be interested in them later.

It's also important to note that a broker which offers more services generally has more financial backup, meaning the chances of it going under with your money are very small.

5.) Trying A Demo Account

Always trade on a demo account before choosing a broker. A demo will let you try the platform, test the execution, customer service and news feeds which are all vital parts of your trading experience. Demo account should be free and you can try as many as you like before actually making a deposit