Monday, May 25, 2009

Links

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

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/

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.

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

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

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

Read our Independent Guide to Currency Exchange.

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

Read our Independent Guide to Currency Exchange.

http://www.worldfirst.com/

U.S. Monetary Authorities Did Not Intervene in FX Markets during the First Quarter

May 14, 2009

NEW YORK—The U.S. monetary authorities did not intervene in the foreign exchange markets during the January—March quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress.

During the three months that ended March 31, 2009, the dollar appreciated 5.2 percent against the euro and 9.2 percent against the yen. In this period, the dollar’s trade-weighted exchange value appreciated 4.8 percent as measured by the Federal Reserve Board’s major currencies index.

The report was presented by Patricia Mosser, senior vice president of the Federal Reserve Bank of New York and the Federal Open Market Committee’s acting manager for the System Open Market Account, on behalf of the Treasury and the Federal Reserve System.


http://www.newyorkfed.org/newsevents/news/markets/2009/fx090514.html

Foreign Exchange

The Federal Reserve Bank of New York carries out foreign exchange-related activities on behalf of the Federal Reserve System and the U.S. Treasury. In this capacity, the Bank monitors and analyzes global financial market developments, manages the U.S. foreign currency reserves, and from time to time intervenes in the foreign exchange market. The Bank also executes foreign exchange transactions on behalf of customers.

View more rates ››


http://www.newyorkfed.org/markets/foreignex.html

Currency Trading and Forex Tips

Saturday, May 23, 2009

Trading account

Trading account

Here, you can open a trading account, deposit and withdraw money to/from already existing trading accounts.

To deposit/withdraw money to/from a trading account, please, select the specific type of operation. Once you reach the section you need, you will be transferred to a secure transaction area for processing deposits/withdrawals.

To change trading account settings, like leverage size, personal info, phone password or your PIN-code, please contact the technical support service via email: support@instaforex.com.

Please, feel free to contact any of the customer service departments with any questions you may have.










Get Bonus

http://secure1.instaforex.com/en/account.aspx

Forex Options

Forex Options Trading with ICM

ICM will soon offer option traindg on major currencies in the WinTrader software.
Streaming live option prices
Industry's leading trading software
100:1 leverage, 1% margin requirements
Mobile phone / WAP trading capability
Advanced charts and indicators
Hedging capability
API/Expert Advisor automated trading
Guaranteed fills
24 hour dealing and customer service
Fast and easy account opening


Click for a Free Practice Account

Options Trading Specifications

Commodities are of equal contract size to e-mini contracts on the futures exchanges. Smaller lot sizes can be traded in MetaTrader by using fractional lots (e.g., trading 0.1 lots).

WinTrader and MetaTrader






Instrument Margin Req. Per Lot Lot Size Approximate
Tick Value
Spread Trading Hours

Gold $250 $50 x price 0.1 = $5 75 24 hours
Silver $250 $5,000 x price 0.001 = $5 3 24 hours
Crude Oil $250 $500 x price 0.01 = $5 5 Sunday 6:00PM - Friday 4:00PM (Closed 5:15PM - 6:00PM daily)

http://www.icmtrading.com/options.htm

Referral Agents / IBs

Refer your Clients to iTrade Capital Markets

ICM’s Referring Agent / Introducing Broker program offers the industry’s most lucrative rebate and commission structure. Enjoy high revenues based on the volume of trades the clients you introduce are executing with ICM. Refer clients to ICM’s Managed Account program and earn revenues from automated trading. Click here to learn more about ICM’s Managed Account program and your earning potential from that referral.

Why refer clients to ICM?

Broad array of products – ICM doesn’t just offer Forex. We also offer CFDs, indices and commodities allowing us to satisfy all your clients’ online trading needs and giving you more revenue earning opportunity
Fixed low spreads – ICM consistently offers the tightest spreads and they are fixed so your clients will never see an “as low as” teaser only to be disappointed by what they actually trade
Lowest margin requirements – At 400:1 there is no online trading provider that offers better margins

Back office management – Allows referring agents to focus on their clients while ICM manages the back office and maintenance issues
Dedicated dashboard – Allows referring agents to monitor their clients’ activity and determine expected compensation

http://www.icmtrading.com/ib.htm

What is Forex (Foreign Exchange)?


The vast currency market is a foreign concept to the average individual. However, once it is broken down into simple terms, the average individual can begin to understand the foreign exchange market and use it as a financial instrument for future investing.

Forex was created not by design, but because traders, brokers, bankers, importers, exporters and investors recognized opportunities it brings. In 1971, the U.S. went off the "gold standard", in which its foreign-exchange rate was pegged to the price of gold. At that moment, new trading opportunities appeared on the horizon.

Forex is the one stabilizing factor in the world's system of monetary exchange, yet it is not answerable to any extrinsic stabilizing influence. There are "no restrictions" in this market. No single international authority acts as a governing body, and no government can intervene unilaterally to regulate foreign exchange practices or, should there be a threat of world monetary crisis, halt trading. While treasury officials in Washington, London, Bonn, Tokyo and other capitals pay close attention to relative currency values, none can intervene in a regulatory capacity. The market exists only to the extent those traders in Asia (Tokyo, Hong Kong and Singapore), Europe (Frankfurt, London, Paris and Geneva), Bahrain, and the U.S. (New York), New Zealand and Australia (Sydney) are willing to buy and sell.

Foreign Exchange is the simultaneous buying of one currency and selling of another. The foreign exchange market (FOREX) is the largest financial market in the world, with a volume of over $1.5 trillion daily. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one zone to another in all the major financial centers.

Today, importers and exporters, international portfolio managers, multinational corporations, speculators, day traders, long-term holders and hedge funds all use the Forex market to pay for goods and services, transact in financial assets or to reduce the risk of currency movements by hedging their exposure in other markets.


http://www.globalinvestmentsguide.com/

Forex Basics


What's Forex?

"Forex" stands for foreign exchange; it's also known as FX. In a forex trade, you buy one currency while simultaneously selling another - that is, you're exchanging the sold currency for the one you're buying. The foreign exchange market is an over-the-counter market.

Currencies trade in pairs, like the Euro-US Dollar (EUR/USD) or US Dollar / Japanese Yen (USD/JPY). Unlike stocks or futures, there's no centralized exchange for forex. All transactions happen via phone or electronic network.

Who trades currencies, and why?

Daily turnover in the world's currencies comes from two sources:
  • Foreign trade (5%). Companies buy and sell products in foreign countries, plus convert profits from foreign sales into domestic currency.

  • Speculation for profit (95%).
Most traders focus on the biggest, most liquid currency pairs. "The Majors" include US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. In fact, more than 85% of daily forex trading happens in the major currency pairs.

The world's most traded market, trading 24 hours a day

With average daily turnover of US$3.2 trillion, forex is the most traded market in the world.
A true 24-hour market from Sunday 5 PM ET to Friday 5 PM ET, forex trading begins in Sydney, and moves around the globe as the business day begins, first to Tokyo, London, and New York.

Unlike other financial markets, investors can respond immediately to currency fluctuations, whenever they occur - day or night.

More Info

"All About the Foreign Exchange Markets in the United States", from the Federal Reserve Bank of New York.

>" border="0" height="10" width="10">Next: Forex Quotes


http://www.forex.com/forex_101.html

Forex Signals

We are glad to welcome you on our site!

Ivan Belov, a famous Russian trader, and his team offer you paid forex signals. We are constantly improving our trade quality for the sake of your and our profit.

At present we are willing to offer only signals for the currency couple GBPUSD. The average monthly profit by our signals is 400-500 points, though in some months it reaches 1000 points!


Currency couple GBPUSD
Average monthly profit 400-500 poins (до 1000) statistics and the signals archive in members area (Login)
Time of signals every business day from 07:00 GMT to 07:30 GMT
Signals type delayed BuyStop and SellStop orders (How to work).
Signals receiving Web interface at our site and ICQ
Price $120 monthly Subscribe
Trial only $35 for test week Subscribe

The main trade signals represented as two delayed stop order are published from 7:00 GMT to 9:00 GMT. Extra signals are possible within a day. All our signals have two entrance levels, stop loss and take profit. The signals are published in the closed section of our site and may be sent to you ICQ upon your request.

The cost of monthly subscription is quite moderate compared to the profit, which you may make, it amount to only USD 120 per month.

Test weekly subscription is also possible at the rate of USD 35.

The guidance to signal operating can be found in the section How to work.

You may review the signals archive in members area (Login) on our site for FREE (test access)

Note! All the trade signals and recommendations represented on site BelovFX.com are intellectual property protected by law. Any resale and publication are PROHIBITED. The users violating these regulations shall be promptly deprived of the service without money payback or a possibility of reconnection. We ask you to understand these provisions and respect our work, as we respect you.


http://www.belovfx.com/en/

Managed Forex Accounts

Outstanding performance results
Automated trading with Expert Advisor programs
Ability to generate high returns in any market
Tax-free gains generated at ICM
Complete transparency and daily reporting
Winning track record - click here
Click Here to Apply Online


Rate of Return

Trading Platforms

Trading Platforms


WinTrader
WinTrader

MetaTrader 4

Trading



Free Practice Account

Yes, Click Here Yes, Click Here

Account opening minimum

$500 or equivalent

$500 or equivalent

Trading Window style

Large icons

Table format

Lot size

10,000 currency units
e-micro indices and commodities

100,000 currency units
e-mini indices and commodities

Fractional lot capability

No

Yes

Minimum Trade Size

10,000 currency units;
e-micro indices and commodities

1,000 currency units (0.01 lots);
e-micro indices and commodities

Automated Trading

ActFX

Expert Advisors


Products



Forex

24 currency pairs

24 currency pairs

Indices

All Major global stock market indices

All Major global stock market indices

Commodities

Crude Oil, Gold, Silver

Crude Oil, Gold, Silver

Futures

Index futures and major commodities

Index futures and major commodities

Currency Options

Yes

No


Software Features



Custom Automated Trading

ActFX

Expert Advisors

Trading Window style

Large icons

Table format

Unlimited Charting

Yes

Yes

Advanced technical indicators

Yes

Yes

Mobile Trading Available

Yes

Yes

Access

Windows software, web-login available

Windows software only

Ability to trade from charts

Yes

Yes


http://www.icmtrading.com/comparison.htm

To get the official status of Introducing Broker

InstaForex Company offers corporate body and individual to get the official status of Introducing Broker in your region.

Introducer Broker is an individual or corporal body, which is looking for and attracting new clients as well as represents InstaForex company interests in the region.
If you have your web-site on the subject of Forex and every month you attract many active clients who replenish their accounts and trade a lot, you automatically become a candidate for participating in the Partnership program “InstaForex” – “Introducing Broker”.


The main duties of IB are the following:
  • Advertising campaign for attracting clients guidance;
  • Consulting clients about the structure and characteristics of working at the currency Forex market;
  • Supporting clients in registration and opening accounts;
  • Full consulting support clients, who earlier opened accounts with tactics and strategies at currency Forex market;
  • Big basis of successfully working clients formed with the aim of providing them accounts of the potential investors in the network of confidential or consulting management.
  • Guidance all the marketing campaigns, which the company offers, in order to make the line of development more effective.

Emolument for Introducing Broker representatives:
The company’s profit depends on spread; spread is a commission, which the company charges off from the account at the moment of opening position; 50% from spread is the IB representative income from each deal of the client attracting by him/her. At the given moment spread for all the currency pairs is 3 pips in InstaForex company, so the commission for the IB will be 1,5 pips.

Franchisee Partner – the main point of franchise consist in widening of the Insta Trade Corporation branch offices network, where a partner – franchisee takes upon himself the current expenses, and franchisor grants the right to distribute its products, techniques, and trademarks and provide support services.

Franchisor – InstaForex grants the right of use its trademark, business technologies and support franchisee’s work. Become Franchisee Partner, you become a branch office of Insta Trade Corporation in a certain area. You do business according to the well-known and reliable rules. You observe some obligatory standards, that were taken over in our company, and also you take part in getting profits on mentioned beforehand terms.

The obligatory conditions of the Franchisee Partner Program are:

  • Upkeep of comfortable office;
  • Upkeep of competent management personnel;
  • Implementation of the necessary advertising support;
  • Consulting the potential clients of the company;
  • Informational and technical support for the clients while their professional activity;
  • Availability of the system accounting and reporting for the Headquarter office;
  • Detection and correction potential strategic mistakes;
  • Strategy of the future franchisee economic growth

The basic paper, bonding Franchisee and Franchisor is: “Commercial Partnership Agreement”. Our franchising package includes the following regulations:

  • Clearing, informational and technical support for attracted people;
  • Profitable system of participaiting in the company's profit and help in developing your own profit resources;
  • Documentary and bookkeeping support with a glance on the legislation of the country which Company’s representative situated in. If such support is necessary;
  • Business plan – full concept of effective dealing center formation and development, consulting support;
  • System accounting and reporting;
  • System of the personnel training;
  • Detailed Contract;
  • Guarantee of support and consulting after starting business.

Also Insta Trade Corporation offers our partners VIP-partnership program.
The main conditions for participating:
– availability of the serious web-site with high attendance. The measure of your activity is not only the quantity of attracting clients but also trading activity.
There is important fact for participating in VIP partnership program – total clients’ deposits amount.

If you suppose you satisfy all the requirements, you can fill the form for participating VIP partnership program

Email: eng.partners@instaforex.com
ICQ: 431784312
Yahoo Messenger: IFX.Partners



http://instaforex.com/ib_broker.php

Forex traders

Instaforex provides its clients with one of the most competitive trading conditions on the Forex market.

Instaforex traders use leading technical solutions for trading: The InstaTrader platform provides direct access to world trading markets through online-systems, enables clients to deposit/withdraw money instantly, and gives you access to top-quality news services.

All tools are quoted using Instant Execution Technology, which allows clients to open trades that deal with pricing flow without prior quoting requests. The list of trading tools includes all of the latest basic trading directions: 107 Forex currency pairs, 34 NYSE CFD and indexes, as well as gold trading instrument.

Our trading terms are exempt from slippage under normal market conditions and are assured permanent spread and leverage, and 24/5 online client-support.

The international financial market working conditions were developed by the InstaForex dealer department as universal tools for working on the financial market that meet both beginning and professional trader requirements.

We do not just offer trading conditions to traders, but also aim to be the best in our field. In order to evaluate the quality of services provided, we urge you to open an online account on our website, and start working today.



Terms of business

Currency market

Contracts on Forex market within the IFC Markets are performed due to SPOT conditions. A spot transaction is a straightforward (or outright) exchange of one currency for another. The spot rate is the current market price or 'cash' rate. Spot transactions do not require immediate settlement, or payment 'on the spot'. By convention, the settlement date, or value date, is the second business day after the deal date on which the transaction is made by the two parties.


http://www.ifcmarkets.com/en/terms/

Money withdrawal

For the comfort of our clients, requests for money withdrawal can be made straight from the trade terminal. Withdrawal is made according to the specifications that were entered during opening of trade account and is performed in the following way:

1. Open the “Withdrawal Requests” window through the “View” point of main menu – click on “Withdrawals”, then right click on the space within this window and select “New request”. The next window will be opened:

Money withdrawal

2. Select account type where the withdrawal will be performed, for example Bank Account.

Money withdrawal

3. In the “Payment props” window your bank props will be shown. Make sure this information is correct.

Money withdrawal

4. Enter the sum you want to withdraw. Notice that this sum cannot exceed the sum of “Free Margin”. Then press the “Ok” button.

Money withdrawal

5. If everything is correct, then your request for withdrawal will be sent to processing and shown as active in “Withdrawal Requests” window.

Money withdrawal

During this process the amount of withdrawal will be frozen on the account and discounted from balance.

Money withdrawal

In this case the initial balance was 50,000. It was reduced by a withdrawn sum of 10,000 so that the final balance became 40,000.

6. You can cancel your request if it was not yet performed. To do so, right click the request and then select “Cancel Request” in the context menu.

Money withdrawal

Dear clients! Pay attention! If you have already performed money transfers to your trade account from payment props that were not entered as your personal data during the account opening, or from your credit card, then you will ONLY be able to perform withdrawal to your bank account! Withdrawal to E-Gold, Web-Money purse, etc. will not be performed! Remember about it if you do not have a bank account or you have not entered it during the trade account opening, because in this case money withdrawal will be difficult and will be performed only after our specialists contact you personally via phone or email in order to register your bank account. If you are not going to use a bank account or do not have one, then please do not perform transfers from unregistered digital purses and accounts, or your credit card.

Minimal sum for withdrawal is $1.


http://www.ifcmarkets.com/en/withdrawal/

FXConverter - Currency Converter for 164 Currencies

FXConverter is a multilingual currency converter for over 164 currencies and 3 metals. It uses daily OANDA Rates®, the touchstone foreign exchange rates used by corporations, tax authorities, auditing firms, and financial institutions. These filtered rates are based on information supplied by leading market data contributors.


Convert amount with rate as of Click here to pick the date

Currency Code:
To
Currency Code:


Instructions:

  1. Choose your language from the list in the upper right corner. (English is the default.)
  2. In the left scrolling list, choose the exchange unit you want to convert from. Drag the scrolling arrows to scroll through all selections. (All exchange units are listed with the name of their country first. For example, the "Peso" for Mexico is listed as "Mexican Peso.")
  3. In the right scrolling list, choose the exchange unit you want to convert to. Drag the scrolling arrows to scroll through all selections.
  4. (Optional) To convert a specific amount, click over the text box next to the"Convert Amount" text and type the amount. The default is 1 unit.
  5. (Optional) To convert using the historic rate for a particular date, click the calendar icon beside the date field (or type in the date using the displayed format).
  6. (Optional) By default, the conversions use an interbank rate generally not available to the public. To avoid disappointment, choose a percentage add-on from the Interbank rate pull-down list to approximate the spread charged by your financial institution.
  7. Click the "Convert Now" button to see the conversion.

To customize the FXConverter (for example, to use a particular language or to show only particular exchange units), click the "Personalize" button. Click here for detailed instructions


http://www.oanda.com/convert/classic