www.xe.com/ucc
www.moneycorp.com
www.fxstreet.com
www.GainCapital.com
www.Forex.com/Pakistan
www.worldbank.org
www.site-by-site.com
www.Scottrade.com
www.FX360.com
DirectInvestingGroup.com
www.forex.com
www.GFTuk.com
www.DailyFX.com
www.Prime4x.com
www.ifcmarkets.com
www.forexcenteronline.com
www.FXDD.com
www.pring.com
www.SecureInvestment.Us
www.dailyfx.com
www.Easy-Forex.com
Great1.info/Click-Here
www.forex-ratings.com
www.instaforex.com
AutomaticForexTrading.orgwww.kesdee.com
Monday, May 25, 2009
Sunday, May 24, 2009
Daily Forex Signal
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
Today's Signal
4 Hour:
Open Positions
8 Hour:
EUR/JPY 1st order took profit.
Open Positions
Setups
ZLC Example
ZCL
Drop In Example
Drop In
http://www.fxstreet.com/technical/forex-signals/
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
Today's Signal
4 Hour:
Open Positions
8 Hour:
EUR/JPY 1st order took profit.
Open Positions
Setups
ZLC Example
ZCL
Drop In Example
Drop In
http://www.fxstreet.com/technical/forex-signals/
What is Forex?
FOREX - the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.
Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.
In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time.
Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.
Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day throughout the week between individuals with forex brokers, brokers with banks, and banks with banks. If the European session is ended the Asian session or US session will start, so all world currencies can be continually in trade. Traders can react to news when it breaks, rather than waiting for the market to open, as is the case with most other markets.
Average daily international foreign exchange trading volume was $1.9 trillion in April 2004 according to the BIS study.
Like any market there is a bid/offer spread (difference between buying price and selling price). On major currency crosses, the difference between the price at which a market maker will sell ("ask", or "offer") to a wholesale customer and the price at which the same market-maker will buy ("bid") from the same wholesale customer is minimal, usually only 1 or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So the bid/ask quote of EUR/USD might be 1.4238/1.4239.
This, of course, does not apply to retail customers. Most individual currency speculators will trade using a broker which will typically have a spread marked up to say 3-20 pips (so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their clients often huge amounts of margin, thereby facilitating clients spending more money on the bid/ask spread. The brokers are not regulated by the U.S. Securities and Exchange Commission (since they do not sell securities), so they are not bound by the same margin limits as stock brokerages. They do not typically charge margin interest, however since currency trades must be settled in 2 days, they will "resettle" open positions (again collecting the bid/ask spread).
Individual currency speculators can work during the day and trade in the evenings, taking advantage of the market's 24 hours long trading day.
Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.
In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time.
Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.
Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day throughout the week between individuals with forex brokers, brokers with banks, and banks with banks. If the European session is ended the Asian session or US session will start, so all world currencies can be continually in trade. Traders can react to news when it breaks, rather than waiting for the market to open, as is the case with most other markets.
Average daily international foreign exchange trading volume was $1.9 trillion in April 2004 according to the BIS study.
Like any market there is a bid/offer spread (difference between buying price and selling price). On major currency crosses, the difference between the price at which a market maker will sell ("ask", or "offer") to a wholesale customer and the price at which the same market-maker will buy ("bid") from the same wholesale customer is minimal, usually only 1 or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So the bid/ask quote of EUR/USD might be 1.4238/1.4239.
This, of course, does not apply to retail customers. Most individual currency speculators will trade using a broker which will typically have a spread marked up to say 3-20 pips (so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their clients often huge amounts of margin, thereby facilitating clients spending more money on the bid/ask spread. The brokers are not regulated by the U.S. Securities and Exchange Commission (since they do not sell securities), so they are not bound by the same margin limits as stock brokerages. They do not typically charge margin interest, however since currency trades must be settled in 2 days, they will "resettle" open positions (again collecting the bid/ask spread).
Individual currency speculators can work during the day and trade in the evenings, taking advantage of the market's 24 hours long trading day.
Is The Carry Trade Recovering?
The carry trade has fallen far from its place as a lucrative trading strategy since the subprime crisis progressed into a general financial crisis nearly two years ago. However, after evolving through a period of anti-carry, forced deleveraging and a complete collapse in interest rate differentials; have we finally come to the bottom in sentiment and the reversed carry flows?
Full Article
Full Article
US Dollar, Euro to Face Flurry of Growth, Housing, Inflation Releases
Forex market event for the week ahead is centered predominantly in the US, as consumer confidence, existing/new home sales, durable goods orders, and GDP revisions will all be released.
Full Article
http://www.dailyfx.com
Full Article
http://www.dailyfx.com
Foreign Exchange: About World First
World First is the UK's leading foreign exchange broker, offering private individuals and companies the ability to achieve significantly better foreign currency exchange rates and exceptional service. Based in London, World First has transacted with over 20,000 private clients and 3,000 companies and in 2008, our currency exchange transaction volume exceeded £1 billion.
The Private Client Team works with individuals who are buying property abroad, emigrating or making one-off or regular money transfers. Each consultant at World First works with their clients to make sure they achieve the best currency exchange rates possible in the time frame they specify.
The Corporate Team works with companies who either have overseas suppliers to pay, overseas revenues to repatriate, or who are investing abroad. Companies are guaranteed a package of low payment fees and unbeatable exchange rates.
Our staff's expertise and efficiency are renowned within the marketplace and the incredibly high levels of customer satisfaction we receive during the feedback process reinforce the World First pledge of a best service guarantee as well as a best exchange rate guarantee. View Testimonials
http://www.worldfirst.com/
Foreign Exchange: About World First
World First is the UK's leading foreign exchange broker, offering private individuals and companies the ability to achieve significantly better foreign currency exchange rates and exceptional service. Based in London, World First has transacted with over 20,000 private clients and 3,000 companies and in 2008, our currency exchange transaction volume exceeded £1 billion.
The Private Client Team works with individuals who are buying property abroad, emigrating or making one-off or regular money transfers. Each consultant at World First works with their clients to make sure they achieve the best currency exchange rates possible in the time frame they specify.
The Corporate Team works with companies who either have overseas suppliers to pay, overseas revenues to repatriate, or who are investing abroad. Companies are guaranteed a package of low payment fees and unbeatable exchange rates.
Our staff's expertise and efficiency are renowned within the marketplace and the incredibly high levels of customer satisfaction we receive during the feedback process reinforce the World First pledge of a best service guarantee as well as a best exchange rate guarantee. View Testimonials
http://www.worldfirst.com/
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