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Forex Path

Posted on 07 September 2009 by admin

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Forex Focus

Posted on 07 September 2009 by admin

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Forex World

Posted on 07 September 2009 by admin

Unlike other financial markets, the Forex market operates 24 hours a day, 5.5 days a week (6:00 PM EST on Sunday until 4:00 PM EST on Friday).

Through an electronic network of banks, corporations and individual traders exchange currencies, though as Forex is primarily used as a means for speculative investing, actual physical delivery of currencies is almost never intended.

Forex trading begins every active day in Sydney, moves to Tokyo, followed by Europe and finally the Americas (Remember, it is 8:00 AM in Syndey (the following calendar day) when it is 6:00pm EST in America (a calendar day behind)).

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Foreign Exchange

Posted on 07 September 2009 by admin

There is a dynamic relationship (like the internal workings of a watch) between international foreign currencies (forex market). Each international currency can be paired with another to form a value ratio when exchanging between the currencies of the pair. Examples of forex trading currencies are the US Dollar, the British Pound, the Japanese Yen, the Russian Ruble, etc.

It is dynamic in that the ratio of value between any two currency pairs changes from moment to moment.

This moment to moment change is what creates the Forex, or international foreign currency exchange, market.

For a basic conceptual example, if i know that at a particular moment I can buy 1 Euro for 2 US dollars, I can execute the trade (buy) through a broker for a certain amount of Euros in exchange for my US dollars. When I do, I will then be looking for a later increase in the US dollar’s value in relationship to the Euro in order to reverse the trade, thereby making a profit. So, say that at a later moment, 1 Euro can be exchanged back for 2.25 US dollars, a profit is obvious moving from the Euro to US dollar direction. For every 1 Euro that I trade back, I will receive $2.25 US dollars, instead of only the original $2 US that was spent to purchase the Euros in the first place.

The actual profit will be determined by the amount of the respective trade (investment) that the investor is able/willing to make.

You can see with the example pair above, the forex market allows a profit potential in either direction. If, I would have started with the Euro, in the example above, I could have spent 1 Euro for every $2.25 US dollars. Then, waited for the Euro to gain value to reverse the trade. So later, if the exchange rates fluctuated by allowing me to spend $2 US dollars for each Euro in return, I would realize a net profit. Again, the size of the profit would be determined by the amount of money invested.

The secret to making realistic and consistent money in the forex day trading market is to learn how to predict accurate entry and exit points for executing each particular trade.

This bilateral direction allows for forex profits to be made in a long or short manner, just like stocks and bonds. Therefore, regardless of the global economy situation, money can always be made.

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Forex Solution

Posted on 06 September 2009 by admin

As an introduction to the Forex Solution, I want to start by encouraging some reflection.

How is your J.O.B. working out for you?

95% of the employed population are J.O.B. (Just Over Broke).

And, continuation of whatever got you to where you are is most likely to give you more of the same.

When you work for someone else, you are actually being leveraged by the company to trade your time for money.  The company is willing to give you a finite amount of money with the expectation that the time that you provide in exchange will earn them more than the expense of your pay.

Furthermore, regardless of how much money that your time generates for the company, you do not make any more money (for the typical hourly or salaried employee).  This is exponential leverage potential in favor of the company.

Coupled with the average commute time being between 30-60 minutes (which makes 1-2 hours round trip), this is an additional 5-10 hours per week (or 260-520 hours per year) that is dedicated to the company without any compensation at all.

Now, this may be OK, for the short term, as it pays the bills. But, if you can look at any significant period of work history, and perform a little analysis, you might find that your financial stability is entirely dependent on the very next pay check.

What if there was a better way? What if there was a way to transition yourself towards financial independence and freedom?

This blog will serve to introduce you to Forex Day Trading.

Quite simply, Forex Day Trading involves trading money in the international foreign currency exchange.

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