Forex Trade - Best Resources, Bargains and Buys Blog

For the latest tips on Forex Trade-All the current information on Forex Trade

My Photo
Name:
Location: Niceville, Florida, United States

I enjoy Saturday mornings on the links and mountain biking when I get the chance. I used to be an insurance salesman.

Friday, March 28, 2008

Forex Related News

Featured Online Forex Trading Article



Quick Forex Ideas

foreign exchange students



Gold is the mirror of Dollar for hedging purposes and the co-relation is excellent. Sometimes, when I am tired of double checking too many "inside infos" rushing in every hour, I just watch Gold to confirm and go ahead with the moves. Gold chart is one of the top charts you must always watch in forex trading. Eur/Gbp chart, along with the Eur/Jpy chart, is an excellent mirror for Eur/Usd directions most of the time too. Gold, Eur/Gbp and Eur/Jpy charts will tell most of the market story most of the time with Gold and Eur/Gbp leading Forex world most of the time. Good luck.

forex brokers



Unquestionably, in Forex trading systems, speed is of the essence in these hectic times. Every nanosecond counts when you are trading using five minute charts. The most basic Forex trading systems rely on moving averages. The more "sophisticated" systems use combinations of moving averages of both price and volume. The most "expensive" systems incorporate stochastics, which are the mathematical techniques for a non-linear science.
Check out the first commercially available Stock Trading Robot Which Earns $346.77 Per Week

forex made easy



Some dealers offer a mini-account for as little as $100 to $300 but a mini-account should have at least a $1000 balance. Mini-accounts are excellent for beginner Forex traders and great to test basic trading expertise and acumen. Mini FOREX account is great for accounts below $10 000. The mini forex accounts enjoy the same benefits as the regular forex accounts, small spreads and free trading platform.
More info on a great Forex system

currency conversion



REACTING TO NEWS
News or data are always read by the market along the prevailing market bias. Data can provide a good reading for the state of the market. If the data is bad but the price is still rising or not affected, it must be a bull market which means buy on dip strategy is a better one. Conversely, if the data is good but the price is not rising or even falling, it must be a bear market which means sell on bounce strategy is a better one. The inflexion point must be when bad news or good news. no longer affect the prices as they have done before. Medium/long-term bias changes are usually accompanied by such reactions to the news. It is not the numbers that counts but how the market reacts to the numbers that counts. That gives some comfort to those who are not privy to the numbers already

Online Forex Trading Stories

Forex - Weak Data Is Only Beginning to Hurt the US Dollar

Sat, 18 Nov 2006 16:29:00 GMT
FXCM - DAILYFX Fundamentals 11-17-06

By Kathy Lien, Chief Strategist of www.


|

0 Comments:

Post a Comment

<< Home