Posts Tagged ‘currency’

forex daily range

By koby On November 3, 2009 NO COMMENTS

What are the average daily ranges of the major forex pairs?


ActionForex.com might give you some useful data on the historical trading quotes

http://www.actionforex.com/articles_library/forex_articles/tips_for_trading_the_major_currency_pairs_200510082394/


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Back Cover Copy Finance and InvestingAcquire the Tools, Techniques, and Strategies Needed to Successfully Trade Currencies in the Lucrative Forex Market Profiting with Forex is today’s most comprehensive guide to the enormous potential of Forex, the world’s largest market. This expertly written resource explains how the global foreign exchange market works…which investing tools, techniques, and strategies have been used with great success in this market…and how you can generate profits in Forex, whether the other markets are up or down. From the basic characteristics of the Forex market…to the full range of sophisticated investing methods, Profiting with Forex provides practical tips and guidelines for trading in this fast-paced world. This expert reference describes how businesses use Forex and shows how that experience can benefit both individual and
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forex japanese yen

By koby On November 2, 2009 NO COMMENTS

forex japanese yen
Where to find announcements that affect Japanese yen?


I noticed that there was unusually large movement on the GBP/JPY currency pair in the end of October ’08 to the beginning of November ’08.

I looked on Forex Factory for an explanation, but found none that would explain that kind of movement.

My question is twofold:
1) What caused such huge movement in this market at this time?

2) Since it’s not on Forex Factory, where else can I find a heads up about whatever caused these huge (mainly bearish) runs?

Most believe that the recent strength of the yen is caused by yen being used as a carry trade to purchase foreign securities. Since interest rates in Japan has been very low and investing in Japanese securities have shown poor results over the past several years, investors had previously borrowed yen to invest abroad.

As the markets have soured, investors have sold the foreign securities and

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forex currencies

By koby On October 29, 2009 NO COMMENTS

forex currencies
Do you have to file taxes on capital gains when trading Foreign Currencies(FOREX)?


If so how?

Do you need to pay taxes annualy based on gains and losses according to your account balance, or do you only pay taxes on gains when you withdraw the money from the account?

You do not pay according to either your account balance or when you withdraw money from the bank. You will pay according to the gain or loss on your transactions.

You can choose to have your gains and losses treated as ordinary gains and losses (IRC Section 988). This is the default treatment.

Alternately, you can choose to have your transactions treated as commodity exchanges (IRC Section 1256). This results in a 60-40 split in gains between long-term and short-term capital gains treatment. The Section 1256 treatment is more beneficial for gains.

If you choose the commodity option, you figure your gains and losses

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forex vps affiliate

By koby On October 25, 2009 NO COMMENTS

When I did a Google search for Forex Trend Scalper Review review I was offended with the quantity of lifeless reviews all re-hashing the same info – so much for relevancy and user experience. I was determined to do things a little different – cause after all there is an end user. See more about top forex trading robot below. Forex Trend Scalper Review is supposed to be the latest forex robot system – let me take you under the hood and discover what it’ll do for you – instead of how much money it’ll make for somebody else! Forex Trend Scalper Review is a relatively new forex trading robot that has been getting a lot of good hype and reviews. This trading system was made to be a plug and play program that wants little help and will run continually throughout the day. See more about top forex trading

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hedging forex

By koby On October 23, 2009 NO COMMENTS

hedging forex
Forex players…. I need some advice…?


Hi,
How are you?

I have been hedging the forex, however it has now become illegal….

I have the option of switching my account to a UK account to continue hedging

or
remain on US system… no hedging… meaning I can only trade in one direction of the market…

Would you switch the account or keep it as a US account…

Thanks and God Bless,
Ms S

If I was in forex, I would run very very quickly away. The forex brokers are nothing but crooks.


Mastering the Currency Market: Forex Strategies for High and Low Volatility Markets


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