Guide To Forex Trading

April 17, 2011 by  
Filed under Forex Trading

Forex Trading Can Be a great way to earn great money on a part time basis. It is arguably one of the MOST fun Ways to earn a second Income Provided one starts small with experts and partners. This article you examine the basics of FX or Forex and How You Can get started in currency trading. Forex trading is short for foreign exchange trading as the name Suggests Which is Nothing But Exchanging or selling one currency Against the Other in the hope of a profit. It is a Completely Decentralized market place Meaning Transactions That Happen all over the world independent of Each Other basis That Day’s ‘exchange rate’. Some Currencies Are Traded more on account of Their demand – Them Something That has earned the nickname – ‘major’s. These include the three dollars – American, Canadian and Australian and the yen, the sterling and the Swiss franc. Combined, These Currencies Contribute to as much as 80-85% of the FX trade and THEREFORE Are Considered more ‘liquid’ That Others. Happens Forex trading 24 hours a day and is done on the basis of an investor’s opinion on how Currencies will move vis a vis Each Other. Either this Requires Knowing Knowledge or support of an agency with Knowledge. Large Profits and Losses Can Be Made in a single night Depending On Which currency Have you bet on. While it is best to begin small to minimize Risk, tambi

FOREX VIDEO – New York Session Review – September 24, 2009

September 19, 2010 by  
Filed under Videos


Bank of England governor Mervyn King told a local UK newspaper that the country’s banking sector is “not in good shape,” and that he saw the decline in the British pound as “helpful” to re-balancing of the country’s economy. When the market got word of King’s comments, sterling got smoked. Multiple short trade setups on the GBP/USD currency pair materialized during the first hour of today’s New York session. Those who shorted the cable realized a profit of up to 170 pips [depending on entry and exit strategy].

October 16 – Forex Daily Update

August 20, 2010 by  
Filed under Videos


The British Pound was the clear winner yesterday, enjoying a nice rally after failing to close below the 1.58 level. With the sterling now breaking above the 1.6120 level and out of the recent range, we expect it to continue heading higher after retesting support at 1.6120. The Yen has closed above the 90 level and we now expect a test of 91.50. Suisse looks to have stabilized and may allow the buck to etch out some gains to 1.0225 before continuing further south. Please watch the video below as we discuss the support and resistance lines well be using during the next 24 hours. The British Pound was the clear winner yesterday, enjoying a nice rally after failing to close below the 1.58 level. With the sterling now breaking above the 1.6120 level and out of the recent range, we expect it to continue heading higher after retesting support at 1.6120. The Yen has closed above the 90 level and we now expect a test of 91.50. Suisse looks to have stabilized and may allow the buck to etch out some gains to 1.0225 before continuing further south. If youd like a more detailed analysis with potential trade opportunities, please join us in the members section.

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