|
|
|
Forex: Why Psychiatrists Make Better Traders Than Expert Economists?
It should be noted that millionaire traders, Elder, Williams and
some others are in fact professional psychiatrists. And it is
not accidental that not the economists are the leaders and most
successful traders, but professional psychiatrists...
Introduction To Fundamental Analysis: Forex
FOREX traders almost always rely on analysis to make plan their trading strategies. There are two basic types of FOREX analysis – technical and fundamental. This article will look at fundamental analysis and how it used in FOREX trading. ...
Mazu E-currency Exchange
If you are like many of the thousands of people trying to make money online today, then you are probably trying to find a program that works. I have tried Quixstar, Market America and Amway, all of which require you to build a down line and sell a...
Real life dollars buy virtual game money?
Will people pay real dollars for in-game virtual money to help
their virtual characters buy in-game goods?
One gamer, who goes by the screen name Haylo, said he spent $10
to $20 real dollars a month on in-game platinum(all...
Trends and Profitable Trading In The Forex Markets.
The basis behind using technical analysis is to find trends when looking at the forex charts and be aware of when they first develop so you can ride the trend until it ends. The foreign exchange market is a very strong trending market, lots of ups...
|
|
| |
|
|
|
|
|
|
FOREX Trading
Copyright 2005 Dave Markel
The Foreign Exchange market, also referred to as the "FOREX" or
"FX" market is the largest financial market in the world, with a
daily average turnover of US$1.9 trillion - thirty times larger
than the combined volume of all the United States equity
markets. The FOREX website defines Foreign exchange as "the
simultaneous buying of one currency and selling of another.
Currencies are traded in pairs, for example Euro/US Dollar
(EUR/USD) or US Dollar/Japanese Yen (USD/JPY)".
The FOREX market was launched in the 1970s, when free exchange
rates were introduced. Only the participants of the market
determine the price currencies against one another. This depends
on proceedings from supply and demand. Influence by a single
participant in the market is practically out of the question.
This is because FOREX is more of an objective market. If some of
its participants would like to change prices for some
manipulative purpose, they would have to operate with tens of
billions dollars.
FOREX is part of the bank-to-bank currency market known as the
24-hour Interbank market. The Interbank market literally follows
the sun around the world, moving from major banking centers of
the United States to Australia, New Zealand to the Far East, to
Europe then back to the United States.
Speculations on the FOREX exchange market give the biggest
profit of all legal types of transactions. Everyday fluctuations
of currencies allow FOREX traders an opportunity to make money
on these changes. It is the world's biggest liquid financial
market. Transactions are conducted all over the world via
telecommunications 24 hours a day from 00:00 GMT on Monday to
10:00 pm GMT on Friday. In every time zone across the world
there are dealers who will quote currencies. The major
currencies traded in FOREX, are
Euro (EUR), Japanese Yen (JPY),
British Pound (GBP), and Swiss Franc (CHF). All of them are
traded against the US dollar (USD).
There are many advantages to trading in the FOREX market. These
include: * The biggest number of participants and the largest
volumes of transactions * Superior liquidity and speed of the
market: transactions are conducted within a few seconds
according to online quotes * The market works twenty four hours
a day, five working days a week * A trader can open or close an
account for any amount of time he wants * No restrictions as
accounts with very low account balances. * There are no fees.
The only payment is the difference between buying and selling
prices. * Opportunities exist to achieve a larger profit from an
investment * It is possible to turn FOREX trading into a
professional and qualified activity. * It is possible to make
deals any time at the convenience of ones home * It is not
obligatory to buy some currency first in order to sell it later.
* It is possible to open positions for buying and selling any
currency without actually having it, usually involving
established Internet brokers. * The superior liquidity allows
the traders to open and/or close positions within a few seconds.
* The time of keeping a position is arbitrary and has no limits
- from several seconds to many years * FOREX speculative
interests can be satisfied without a real money supply, which in
turn decreases overhead costs for money transfers. * It gives an
opportunity to open positions with a small account in US
dollars, buying and selling a lot of other currencies. * Most
transactions must continue, since currency exchange is a
required mechanism needed to facilitate world commerce.
About the author:
For more great information on FOREX Trading visit
http://for-more-info.com/forex/forex-intro.html
|
|
|
|
|
| Currency Trading, Forex Trading, Forex, Online Currency Trading |
| Offers 24 hour online currency trading for institutions and professional traders. |
| www.fxcm.com |
|
| OANDA FXGame - Currency Trading Demo Platform |
| You can start playing the currency trading market with real market conditions ... The platform was created with the goal of making currency trading ... |
| fxgame.oanda.com |
|
| Forex | Forex Trading | Forex Minis | Online Currency Trading |
| FOREX.com - THE site for forex trading. 24hr commission-free currency trading w/ real time execution and guaranteed fills. Forex mini accounts from $250, ... |
| www.forex.com |
|
| Currency Trading News, Forex Trading News, FX News, Forex News |
| Currency Trading News, Forex Trading News, FX News, Forex News - Daily FX. |
| www.dailyfx.com |
|
| Currencies - Currency Converter & Latest Rates at CNNMoney.com |
| Dec 6 1:18pm ET †, US $, UK £, Japan ¥, Euro €. US $, 0.5079, 115.05, 0.7517. UK £, 1.969, 226.50, 1.4798. Japan ¥, 0.008692, 0.004415, 0.006533 ... |
| money.cnn.com |
|
| FOREX Advisory |
| The CFTC urges you to be skeptical when promoters of foreign currency trading claim that their services or account management will earn high profits with ... |
| www.cftc.gov |
|
| Forex Trading: Online Currency Trading from Global Forex Trading |
| Global Forex Trading is the premier online foreign currency trading firm and a primary market maker. To learn more about forex trading, visit GFTForex.com. |
| www.gftforex.com |
|
| Amazon.com: Foreign Currency Trading: From the Fundamentals to the ... |
| Amazon.com: Foreign Currency Trading: From the Fundamentals to the Fine Points: Books: Russell Wasendorf by Russell Wasendorf. |
| www.amazon.com |
|
| Forex, Online Currency Trading, FX, Foreign Exchange | ACM Forex |
| Forex Trading with The Forex Broker. ACM offers online currency trading, commission-free, tax-free, lowest forex spreads on the market, guaranteed fills, ... |
| www.ac-markets.com |
|
| OANDA FXTrade - Currency Trading, Forex Trading, Online Currency ... |
| Currency Trading with FXTrade, leader in online currency trading, provides real-time execution, free forex charts and quotes, and 24 hour forex trading. |
| https: |
|
| Forex-Day-Trading.com - Currency Trading with FREE Training |
| Learn how to day trade currencies with our free training. Try a free forex trading demo for 30 days. |
| www.forex-day-trading.com |
|
| Forex Online Currency Trading: Welcome to Global Forex |
| Global Forex offers online currency forex trading at inter-bank FOREX rates. Try our FREE online forex demo trading system. |
| www.globalforex.com |
|
| Forex trading - Realtime Forex online currency trading |
| Realtime Forex offers commission-free online currency trading on live foreign exchange prices. Realtime Forex’s currency trading service also includes free ... |
| www.realtimeforex.com |
|
| Forex Blog |
| Forex news blog with daily commentary. Has a good beginner's article. |
| www.forexblog.org |
|
| Common Questions About Currency Trading |
| Whether you're puzzled by pips or curious about carry trades, your queries are answered here. |
| www.investopedia.com |
|
| OANDA FXTrade - Currency Trading Basics |
| Currency Trading Basics. Exchange Rates and Spreads: ... In currency trading, these codes are often used to express which specific currencies make up a ... |
| fxtrade.oanda.com |
|
| Currency trading, free forex charts, news and analysis |
| Online currency trading with technical analysis, charts and forex news. |
| www.gfforex.com |
|
| Finance - Currency-Trading Ezine Articles |
| EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
| ezinearticles.com |
|
| MGFOREX |
| MG Financial Group - Forex, FX, Online Forex Trading. |
| www.mgforex.com |
|
| DirectoryM - Debt Settlement Solutions |
| Simply provide your contact details and describe your needs to receive a free consultation from business or personal debt service providers. |
| www.directorym.com |
|
|