Filed Under (Forex technical) by Sanjeev Behal on 15-04-2009
The Forex Market is the Largest Market in the World, with Trades Amounting to More Than USD 3 Trillion Every DayThe Forex Market is the largest market in the world, with trades amounting to more than USD 3 trillion every day. In the stock market, people spend incredible amounts of money on products or services they believe will increase in value. With hundreds of thousands of products on that
market, it can be somewhat confusing as to how to trade, when to trade, and what to trade in order to bring in money on your investment. Forex trading is much easier to understand and has a few perks that the traditional trading doesn’t offer.Perk 1 – Less productForex trading has the great and simple benefit of trading currencies instead of products. The purpose is to buy one currency at one price, and sell it at a slightly higher price when its worth has increased. A great example is to buy 1 Euro at 0.9875 USD and sell at 0.9878 USD. Though this is only a small margin for one Euro to increase in value, it does add up when you are selling 100,000 Euro. With that said, you are only focusing on 1 product and the value of that product in comparison to other currencies as opposed to buying 100,000 hair dryers and hoping they sell for more than you bought them for.Perk 2 – Making Money from Depreciation The Forex Market is always moving. If one currency declines in value, it is because another is rising in value. Because of the constant movement of the Forex Marketplace, you can sell one currency as it is starting to decline, only to buy it again at a cheaper price than what you sold it. Forex Trading is great for this because you aren’t buying a product only to have it be worthless and never used again. It will only depreciate in value, and then raise in value. All you have to do is know when to sell your currency, and buy it back.Perk 3 – 24 Hour TradingTrading on the Forex Market has the bonus of always being open. You have the advantage of always knowing what is going on in the market as it happens.Personal Perks of Forex TradingPerk 4 – Liquidity
Filed Under (Forex technical) by on 08-04-2009
WORLD FOREX: Yen Rises As Safe Haven Unit On Weak SharesWall Street JournalBy Andrew Monahan Of DOW JONES NEWSWIRES TOKYO (Dow Jones)–The dollar briefly dipped below the psychologically-important Y100-mark in Tokyo Wednesday, as falling regional share markets prompted players to buy back the yen as a safe-haven currency, …
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Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 08-04-2009
Filed Under (Forex technical) by on 08-04-2009
FOREX-Yen lifted by caution over stocks, earningsReutersBy Kaori Kaneko TOKYO, April 8 (Reuters) – The yen rose on Wednesday as falls in share prices and worries about upcoming earnings results for big US companies prompted investors to flock to its perceived safety. The yen showed limited reaction to news …
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Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 08-04-2009
FOREX-Dollar, yen lifted by caution over stocks, earningsReutersTOKYO, April 8 (Reuters) – The dollar and yen rose on Wednesday as falls in share prices and worries about upcoming earnings results for big US companies prompted investors to flock to their perceived safety. The yen showed limited reaction to news …
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Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 08-04-2009
Forex Market News, Quotes and Currency Converter for ForexTransWorldNews (press release), GAForex market news, equity market news, quotes and a currency converter are among the tools provided to forex traders on Ideal World Forex. The forex tools offered through Ideal World Forex not only facilitate forex trading but ensure forex traders are …
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Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 07-04-2009
Filed Under (Forex technical) by on 07-04-2009
Filed Under (Forex technical) by on 07-04-2009
Filed Under (Forex technical) by on 07-04-2009
Aussie traded lower and made a new low of a complex wave IV), just below the current wave w). On a smaller time frame it is clear that the correction in wave IV) was made by double zig-zag pattern with the lows at 0.7040. After that move the market started…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back