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A Beginner’s Guide to FOREX
FOREX is the abbreviation for the Foreign Exchange market. FOREX is basically an international exchange market where currencies from all over the world are bought and sold for profit. The market today began in the 1970’s. FOREX is a very unique...
A Look at Forex Market Makers
The investor in the currency market takes for granted that a pair of currencies can be bought or sold at a moment’s notice. Once an order is placed with a broker, the trade is executed within seconds. It is, of course, not as easy as that. Whenever...
Choosing A Forex Broker
With currency trading becoming ever more popular, the number of brokers is growing at a rapid rate. What should one look at when deciding which broker to open an account with? These are the important points to consider.
Spread
Because...
Trying Forex Trading with the Best Strategy and Approach
With the day things are today, more people are getting
interested in investing their money to make them grow faster.
The problem is, not too many people are willing to take the risk
of investing it because of the risks, so some of them just...
Where to Get Forex Training
For those of you who are interested in forex trading, you may want to start off by getting some good forex training. Forex training is a necessity for anyone with this interest. This is because a lot of money is involved in forex trading. If...
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Poor Man's Access to Foreign Currency Trading
By far, the largest trading market in the world is the foreign
currency market. Speculators make up only a small part of the
spot (cash market) and forward (futures market) currency
exchange transactions. So if you are considering speculating in
this area, be aware that you are trying to out-guess the
brightest minds & supercomputers at large banks and hedge funds;
along with the political whims & expediency of government
treasury departments.
The common portfolio use for holding foreign currencies is to
hedge against the fall of your home currency. For most people,
their salary and all their assets are based in their home
currency - and if that falls in value, so does their entire net
worth and future earnings. For Americans, as an example, there
has been a growing trade deficit with China for many years. And
if China were to allow their currency to fluctuate, the U.S.
dollar would fall against the Chinese yuan in concert with this
trade deficit.
You can also include currency trading as an additional way to
diversify your portfolio. I have read many, many books to learn
about currency trading, and even day-traded the Swiss-Franc for
six months. If you want to learn how to speculate with trading
currencies, you can either try some technical analysis services
(www.currencyprofits.net), or getting a Phd. in economics and
finance, but I can't guarantee that will increase your odds of
success.
I made my only 'very poor man' currency trade prior to the
establishment of the Euro currency in 2002. While driving in my
car, I heard a speech over the radio by the German president
that I felt was certain to cause a short-term fall in the German
Mark. I drove to the nearest AAA Travel Office, and went to the
ATM next door to withdraw $200 in cash to put in my pocket.
Being a AAA member, I then exchanged the $200 for
American
Express Traveler's Cheques that were denominated in German
Marks. Four months later, the U.S. dollar had increased by 10%
on the German Mark. So I took my German Mark cheques to exchange
them back into dollars and cash out with a giant profit. To my
disappointment, the fees for the buy & sell transactions added
up to about 8%, leaving me with a giant $4 profit. So if you
want to try the "Travelers Cheque" route, you'll need a big
trend to offset your transaction fees. More reference material
for this article is available at
http://investing.real-solution-center.com.
The next step up in initial cost is an ETF that is based on the
Euro with the ticker symbol FXE. It is technically a trust, but
it is traded exactly like a stock, and it fluctuates very close
to the USD/Euro rate. When you think the dollar is going to fall
against the Euro, just buy some of these shares to offset your
currency risk, and you can start with one share for less than
$200.
The next way to get access to foreign currencies is to get some
FDIC insured certificates of deposit from Everbank.com. They
offer CDs in over 10 different foreign currencies and a couple
indices, and the minimum investment is only $10,000 for an
interest earning account. So if you are tired of your bank's low
savings account rate, there are currencies that regularly offer
a higher yield without undue currency exchange risk.
Risk a few small steps into foreign currency investments, and
anything dollar-based will feel disappointingly tame. Plus,
you'll have bragging rights with your friends and dinner parties
on your sophisticated investment portfolio.
About the author:
Francis Kier has an MBA in finance and shares his two decades of
experience with investing and personal finance. More of his
articles are available at
http://investing.real-solution-center.com
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Currency Trading, Forex Trading, Forex, Online Currency Trading |
Offers 24 hour online currency trading for institutions and professional traders. |
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OANDA FXGame - Currency Trading Demo Platform |
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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, ... |
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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 |
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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 |
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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 |
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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 |
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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 |
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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, ... |
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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. |
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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. |
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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. |
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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 ... |
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Forex Blog |
Forex news blog with daily commentary. Has a good beginner's article. |
www.forexblog.org |
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Common Questions About Currency Trading |
Whether you're puzzled by pips or curious about carry trades, your queries are answered here. |
www.investopedia.com |
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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 |
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Currency trading, free forex charts, news and analysis |
Online currency trading with technical analysis, charts and forex news. |
www.gfforex.com |
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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 |
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MGFOREX |
MG Financial Group - Forex, FX, Online Forex Trading. |
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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. |
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