Posts Tagged ‘economics’

forex indicators guide

By koby On October 29, 2009 NO COMMENTS

 

The currency trading market is the most liquid and super leveraged market in the world. This of course means that you and I have incredible opportunity to get rich starting off with very, very little money (even a couple of hundred dollars will do). I want to show you the best Forex trading indicators on the market and the one thing that you can do to make it twice as reliable and powerful.

The best Forex indicators on the market are: The Relative Strength Indicator (RSI) and the 200 day moving average (MA). Let’s take a look at both of these Forex indicators a little more closely.

The Relative Strength Indicator (RSI). This is a very easy to use and effective indicator and probably my personal favorite. Here is how it works: When the RSI goes above 80 it is time to go short the currency. When the RSI goes below 20

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professional forex ea

By koby On October 20, 2009 NO COMMENTS

professional forex ea

forex is the short form for Foreign Exchange market, which allows banks, institutions, brokers, agents and even the common man to buy and sell currencies. You have this global provider that provides online services to customers all over the world. Professional and non-professional people trade currencies with advanced tools that have been proven successful by market researchers and financial experts.

Forex EA systems with their dedicated team of well experienced trader and specialized programmers have developed and produced a variety of high-end automatic trading systems and manual trading strategies software to make online trading in currencies an enjoyable and profitable experience for all people.

All of these Forex trading software tools have been tested over a period of nine competitive years ensuring that the software is full proof and has the ability to function in different market conditions with profitable results.

Forex trading software is specifically designed to assist the people in either manual

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forex zero sum game

By koby On October 17, 2009 NO COMMENTS

is forex trading a zero sum game?


is forex a zero sum game?

Forex, the speculative market acts the same as the futures market. Yes, it is true that you can actually aquire physical currency, but that’s not what you’re doing when you trade spot forex. Technically, spot forex trading operates the same as futures, though on a very short duration basis. If you buy USD/JPY you are technically making an agreement to exchange JPY for USD in two business day’s time at an agreed upon price. Of course you won’t actually do that, just like most futures traders will never take or make delivery on the positions they run. That’s where the rollover comes in to forex trading. Your broker essentially offsets your open position, closing it out, and enters a new position – all done at the current market rate. In some brokers this is very clearly done, especially when

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weekly forex strategy

By koby On September 30, 2009 NO COMMENTS

When it comes to a Forex Strategy, it is a surprise how many traders today fall short of having one. Whether you are a new or long time trader, it is crucial to have strategies behind what you are doing. If you don’t then you are literally trading day by day. Having yourself set up with a strategic plan is the foundation for success.

As for traders without a forex strategy, here is an interesting statistic. 95% of beginners lose in forex, where 5% of them become successful. This is a pretty shocking number, and you need to understand why it is like this. Most beginners don’t research enough, don’t have a strategy, and don’t have a long term plan. It takes some time to become a good trader, and if you aren’t willing to put the time in, you most likely won’t be in that 5% of success. If

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forex fundamentals

By koby On September 20, 2009 NO COMMENTS

forex fundamentals
what are the key fundamentals to watch for when trading forex? what economic indicators do u use? pls explain?


pls explain the correlations if u have time ie…when this indicator goes up, the value of the currency goes own etc etc

I understand what you are asking. There are a wide variety of news events (known as fundamentals in the forex arena) but, from my experience, the greatest movers are the consumer price index, the producer price index, and the non-farm payrolls number. Other news events, like the weekly jobless claims number, retail sales, and any sort of housing data tend to move the market slightly most of the time. I have not found GDP to move the market as much as many think, but it CAN move the market, especially if the number is unexpected. Other movers include the ISM and ISM Services, Michigan Consumer Sentiment Index, Trade Balance, Philly

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