Forex Technical Update 9/24/2010 – Yen Strength versus Intervention Fear

May 31, 2011 by  
Filed under Videos

Forex Technical Update 9/24/2010 Fan Yang CMT I am going to go over some Japanese –Yen crosses. The USD/JPY is hovering above 84.00. The Euro is strong and rallying against the Yen. The Sterling lost to the yen, but is in a bullish attempt by the end of the week. The AUD/JPY topped off, but has not confirmed the topping action. The CAD/JPY declined most of the week, but is supported above the previous consolidation zone. As expected since the intervention, the CHF/JPY is indeed the only one with a bullish attempt. By week’s end however, the Japanese yen pared some of the week’s losses.

Meaning Of Stock Market Attitudes

March 21, 2011 by  
Filed under Option Trading

Option Trading Strategies and Tips! Get more info at our site, What did you feel when trading in the Stock Market. You must have the right attitudes to win at trading stocks. With this checklist of good stock market attitudes, you can become a great trader. Check out our tips and other information on how trade options at our site. Here is a summary of the tips included in this video. • Emotions can be your worst nightmare, keep them in check and stay detached. • Don’t get angry. • Don’t seek revenge, you won’t win that game. • Accept losses and move on. • Annihilate any fear of loss • Don’t just try to hit homeruns, getting base hits can score runs too. • You are dealing with real money, you must work for it. • Set Goals. • Don’t forget study and learn from your mistakes and move on. • Keep track of your record. Scrutinize your results consistently. • No one becomes an expert overnight. As with most occupations, everyone has to pay their dues. • Concentrate on what you are good at. You cannot focus on everything at once. • Profits are earned. If you think this will be easy don’t even start. You will have to work for it. • Decide at the start of each day how much you are willing to risk. • Always stick to your exit strategies. Visit our site Today!

Learn To Trade Forex Offers Great Career Opportunity in Currency Trading

March 8, 2011 by  
Filed under Forex Trading

There may seldom be any person who has not heard about the stock market. More and more numbers of persons today desire to learn to trade forex. There are many reasons for people to learn to trade forex. If you learn to trade forex you will fine that this foreign exchange currency market is accessible to almost everyone and the turnarounds are very fast compared to the traditional stock market. There are various books and seminars to help you learn to trade forex where you can acquire adequate knowledge about basics of currency trading. If you can take risk, the best possible way to learn to trade forex would be to dive in feet first in this trade. You can learn to trade forex through tutorials that are readily available besides special courses, guides and tips. Which way you prefer to learn to trade forex depends upon your choice. To trade forex you need to have a platform or any software to carry out trades in currency. The software are offered with a practice trade mode to help you learn the market and ins and outs of foreign exchange currency trading without putting a single penny at risk. This practice trade mode enables you to familiarize yourself with the trading process and work out certain strategies besides other issues like what size Forex account is right for your own needs with no fear of losing your hard earned funds. Indeed, in past you had no such opportunity of learning to trade forex in this way. Foreign exchange currency trading has immense potential of making money but lack of experience can prove to be fatal. Therefore, when you learn to trade forex it must be a serious, systematic and cautious approach so that you can prepare yourself for a long and successful career in currency trading market. While endeavoring to do successful forex trading you must realize that you may come across wins and losses. There are ups and downs in every market due to continuously changing currencies’ market. Gradually you will learn when is the time to simply sit rather than invest. Usually forex trading is associated with human emotions like greed and fear. In order to avoid any effect of such emotions, many traders use electronic robot or a good program for successful forex trading. There are many trading software available in the market that will help you improve in your forex trading. By learning to trade in forex you will be pro in dealing with the forex trading system, you can very easily learn to trade forex from any of the online source. Whenever you start doing forex trading you need to keep in mind one thing that you might come across wins and losses. There are many sources from where you can know little more about forex trading and get complete knowledge about online forex trading. Now there are many software’s available in the market that will help you know little more about forex trading.

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