Thursday, November 8, 2007
how and where to invest forex , forex trading money
-There are a wide variety of bets available, including:
Bull/Bear - You believe that the market will be above or below (respectively) a given target at the close of the market on the date the contract expires.
Expiry Range - You believe a given market will be situated between two predetermined target levels at the close of the market on the date the contract expires.
One Touch - You believe the market will touch a given point at least once before the contract expires.
No Touch - You believe the market will never reach a certain level within a specified range of time.
Barrier Range - You believe the market will never touch two predetermined barrier levels (high and low) before the contract expires.
Double Touch - You believe the market will touch both a predetermined high and a predetermined low boundary before the contract expires.
Up or Down - You believe the market will touch either of two predetermined barrier levels (high or low) before the contract expires.
Intraday Up or Intraday Down - Buy this bet to play a market rise/fall
(respectively) between two given market times today.
Run Bets - Win the bet just in some seconds, you can win up to 10 times your money...
- The drop-down menu in the middle left hand side of the screen allows you to switch between 'Stocks', 'Indices' and 'Forex' bets.
- All times are in GMT time and bets may be sold before expiry. You can see the current value of all your bets by viewing your Portfolio. To sell a contract, simply click on the GO button on the right of the contract. Thus, you can buy and sell bets to profit from short-term trends.
Tuesday, November 6, 2007
last part tips and tricks basics of forex
3. Indicators of the Business Cycle
Economists use three types of indicators that provide monthly data on the movement of the economy as the business cycle enters different phases: leading, coincident, and lagging indicators.
4. The business cycle's effect in Forex
As the economy moves through the different phases of the business cycle, the FOREX market reacts to these changes. Investors view these changes and take corresponding action, attempting to take advantage of changes in the economy.
In the FOREX market, the US Dollar will move inversely to interest rates. As interest rates increase, there will be a drain on earnings, resulting in a decline in the US Dollar Index.
5. Monetary Policy
Monetary policy attempts to control the supply of money and credit in the economy. This will affect interest rates causing an increase or decrease in economic activity. The primary focus of monetary policy is the control of inflation.
6. The activity of the Federal Reserve System (FRS)
The FRS implements monetary policy in the US. An Act of Congress established the Federal Reserve System, the nation’s central bank, in 1913. The Act divided the country into 12 Federal Reserve districts. Responsibility for coordination the activities of the district banks lies with the Federal Reserve Board of Governors in Washington D.C. The board has seven members appointed by the President and confirmed by the Senate.
technical analysis - forex trading US
There are 2 types of analysis you can take when approaching the forex: Fundamental analysis and Technical analysis. There has always been a constant debate as to which analysis is better, but to tell you the truth, you need to know a little bit of both.
It's important to get a birds-eye view of the currency markets and learn how news affects prices. This is why you must follow and understand the daily Forex news and market analysis of the professional currency analysts. Eventually, you'll start to figure out what kind of role fundamental news will play in your trading. Fortunately, most of the Forex news and analysis is offered free on the Internet and we show you were the best ones are.
Fundamental Analysis
Fundamental analysis is a way of looking at the market through economic, social and political forces that affect supply and demand. (Yada yada yada.) In other words, you look at whose economy is doing well, and whose economy sucks. The idea behind this type of analysis is that whoever’s economy is doing well; their currency will also be doing well.
This is because the better a country’s economy is, the more trust other countries have in that currency. For example, the U.S. dollar has been gaining strength because the U.S. economy is gaining strength. As the U.S. interest rates keep increasing, the value of the dollar continues to increase. And that is what we call fundamental analysis. Later on in the course you will learn which specific news events drive currency prices the most. For now, just know that the fundamental analysis of the forex is a way of analyzing a currency through the strength of that country’s economy.
Technical Analysis
Technical analysis is the study of price movement. In one word, technical analysis=charts. The idea is that a person can look at historical price movements, and based on the price action, can determine on some level where the price will go. By looking at charts, you can identify trends and patterns which can help you find good trading opportunities. The most IMPORTANT thing you will ever learn in technical analysis is the trend! Many many many many many many people have a saying that goes, “The trend is your friend”. The reason is that you are much more likely to make money when you can find a trend and trade in the same direction. Technical analysis can help you identify these trends in its earliest stages and therefore (did I just say therefore?) provide you with very profitable trading opportunities.