Monday, October 15, 2007

FOREX FORUM | 4X MADE EASY | QUOTES



Forex Trading with Alpari – Foreign Exchange Trading


Forex trading with Alpari. Online foreign exchange trading. Forex news, charts, analysis.
Forex trading with Alpari. Real time foreign exchange trading services. Free forex news, forex charts, analysis.
http://www.alpari-idc.com/

FX Pimps - Index - Forex Traders Discussion Forums


Are you a Forex Newbie? Ask your questions here about the basics of trading currencies. Discuss your results on Demo trading platforms. Learn, learn, learn... and eventually profit.
forex discussion forum, traders forum, forex trading, currency trading, options trading, EUR/USD, USD/JPY gold, silver, trading strategies
http://www.fxpimps.com/

Forex Forum Registration Is Free! | Currency Trading Promotions


Global-View.com has been "the forex trading site" for over a decade and home of the original forex forum. Its free forex (currency) trading forums provide support to foreign exchange traders of all experience levels.
http://www.global-view.com/

Forex Forum - Ask-an-Expert - GoForex


A Q&A forex forum for traders seeking advice from professional forex experts.
http://www.goforex.net/forum/

MoneyTec Active Traders Community Forum, Chat.


MoneyTec Traders community is an online trader’s forum discussion group that promotes a mature, intelligent & respectful discussion in a positive & safe environment for everyone.
http://www.moneytec.com/

Forex Forum, Forex Calendar, Forex News @ Forex Factory


Forex Factory is the premier Forex trading hub, featuring the world's most active Forex forum, an advanced Forex calendar, and user-rated Forex news. We hope you will join us!
http://www.forexfactory.com/


This forum is for Forex beginners. If you are new to the Forex and have a question, this is the best place to ask it.
Forextown :The magical town where all traders can gather together to discuss anything and everything about the Forex.
The Analyst Arena : Technical and fundamental analysis from various sources. Here you can get different perspectives on the markets through the eyes of different analysts.
Fundamental-ville :This forum is for those wishing to discuss the fundamental factors affecting the Forex. How will the next news report affect a particular currency? Find out here.
http://forums.babypips.com/

FOREX FORUM


This is a discussion forum powered by vBulletin. To find out about vBulletin, go to http://www.vbulletin.com/ .
EUR USD, GBP USD, USD CHF : Technical Analysis, Forecast Theories, Economic / Political Discussions...
Other Currencies : Cross Currencies, CHF/JPY, EUR/JPY, EUR/GBP, CAD, AUD, ZAR and other currencies
USD JPY : Technical Analysis, Forecast Theories, Economic / Political Discussions...
Financial Associations : Non Profit Associations / Discussions
FX Articles : Technical Analysis, Forecast Theories, Economic / Political Discussions...
Forex Forecast : Forecast theories, Technical Forecast, Forecast software...
***Trade of the day : Get the trade of the day here.
Current Market Sentiment and daily forex trade recommendation : The current market sentiment and daily forex trading recommendation
http://www.forexforum.net/

PiP Trader | Forex | Forex Trading | Forex Forum | Stock Forum | Forex Education | Research


PiP Trader is a trading strategy exchange for Forex and stock traders. We offer free Forex education. Forex research and analysis, real time Forex and stock market information including quotes, charts, reports and more.
http://www.piptrader.com/

OTHER FOREX FORUM

http://forum.mabico.com/
http://forum.vamist.com/
http://fxtrade.oanda.com/resources/forums.shtml
http://www.commoditytrader.net/forex_forum.htm
http://www.dailyfx.com/forum/
http://www.forex.nawigator.biz/dyskusje/index.php
http://www.forexboards.com/
http://www.forexdirectory.net/chat.html
http://www.forexforums.com/
http://www.fxstreet.com/forum/
http://www.orkut.com/
SEE YOU AGAIN NEXT TIME

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posted by lim at 1:54 AM 3 Comments Links to this post

Thursday, November 30, 2006

Electronic Day Trading

The computer age and the Internet revolution are the foundation for electronic day trading. It is through the Internet that you can have direct communication with the various traders and the stock exchange to facilitate easy day trading. With electronic day trading, it is possible to interact with the service-oriented computer systems that are basically tailored to our specific needs.

Wall Street was the center of most of the stock market and brokerage firms. However, with electronic day trading, investors can trade stocks with people anywhere, anytime thanks to Internet client-server technology. With electronic day trading, the information that was formerly available only to brokers is now available to anyone. In fact, the information available through electronic day trading proves to provide new investment opportunities to investors.

When using electronic day trading, you may need to learn to use new online trading tools that are available in brokerage houses. This is rather easy and only takes little time. Just imagine, with a couple of mouse clicks, it is possible to make thousand-dollar transactions in a matter of seconds. If you are not that comfortable with electronic day trading, you can use the help of some of the brokerage websites. These brokerage websites tend to have an ongoing conflict among themselves, leading to their lowered commission. Commission is not the only point to take in consideration when choosing the right brokerage firm.

In electronic day trading, it is important to consider how frequently you expect to trade and the number of services that you need. The day trading websites are continuously upgraded to attract maximum customers. You are offered company news releases, earning reports, and market commentary from these websites. So, it can be seen that electronic day trading is one of the best means of making money while in the comfort of your own home. All you have to do is to place bids for the stocks, and wait for the results.

Day Trading provides detailed information on Day Trading, Forex Day Trading, Stock Day Trading, Online Day Trading and more. Day Trading is affiliated with Futures Trading Software.

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posted by lim at 2:34 PM 5 Comments Links to this post

An Introduction To Day Trading

Many people often get confused by the financial terms such as currency, forex exchange, trading etc. It’s a big complex financial world and one of the new trading concepts is day trading.

Day trading in its simplest term means buying and selling securities, stock and other financial investment within a single trading day. It covers a wide variety of financial products such as stocks, currencies, forex, equity index, futures and commodities.
The financial products that are brought are only held with a trading day and must be sold at the end of a trading day

Due to the short time period in which to buy and sell stocks, day trading is considered risky. If you are interested in day trading, be prepared to have sufficient capital. You need to purchase at least 1000 shares of a stock. Be prepared for this capital to be expendable.

Although day trading is risky, it does have big rewards if you know how to play in this game. Many day traders never allow themselves to get emotional with any one stock. They should know when to cut their losses when the need arises as well as able to analyze the current market trend particularly in the short term.

One advantage of day trading is that the intraday margin is 50 to 1. That’s means you are allowed to trade up to 50 times your initial capital.

So what if you do not have the necessary capital to invest in day trading. Thankfully, you could try day trading currencies. Trading currencies requires less capital. You only need a couple of hundred dollars to be able to open a forex mini account.

One major disadvantage of day trading is the stock market is only open for about 8 hours each day. However for currency trading, the forex market is open 24/7. That means you can trade just about any time of the day.

Another advantage of day trading currencies is that most day traders get an intraday margin of 4. That means with the same capital, you can trade up to 4 times your capital. For example, if you have $10,000 as capital, you can trade up to $40,000. This gives you more leverage if you decide to buy higher price currencies.

Day trading currrencies are also easier to monitor and predict compared to stocks as there are less of them and the factors influencing global forex market are lesser

In day trading, you can lose big as well as win big all in a single day so I would not recommend anyone to take up day trading until you have sufficient experience and knowledge in the stock or forex markets. Wise and quick decision making is needed as well as the usual stock research analysis, market analysis etc.

Ricky Lim runs a day trading guide site. Visit his site today for more info on how day trading works and day trading training software

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posted by lim at 2:34 PM 0 Comments Links to this post

Making Money Through Day Trading Online

Day trading refers to the buying and selling of financial instruments like currencies, stocks or futures contracts, on the same trading day. This type of stock investment involves a lot of risk. Day traders carry out day trading by purchasing and selling stocks rapidly on the same day.

Securing quick profits through day trading is based on the hope that the value of the stocks will continue to rise or fall in the short period when the stocks are held, before being sold. Some feel the traditional rule of settling the trade before the market closes, may go against the market wisdom of letting the profit run. However, this helps the day traders in avoiding the risk of price gaps. Price gap refers to the difference of price between the last close and the opening next day.

Profit Making Through Day Trading Online

Day trading can be very profitable due to the rapid returns. Traders willing to take high risks generate huge returns with day trading. Earning huge profits takes a couple or minutes or hours. The advancement in technology and electronic communication, especially the Internet, has contributed a lot to its popularity in recent years. Initially, day trading was limited to professional traders of financial firms. It used to be a marginal form of trading stocks for the elite group of private investors. Today, even casual traders indulge in day trading to make a profit. Popularity of the Internet has triggered off the swift flow of information, at a click of the mouse, making day trading all the more easier to execute.

Online Day Trading Strategies for Quick Profit

These are five day trading strategies that every trader should keep in mind:

Follow the trend: Usually, day traders assume that the steady rise in financial instruments will continue to do so and vice versa, in the case of a decline. All trading time frames use ‘trend following’. Trend followers purchase a rising financial instrument or they sell the falling ones, short. This is done with the assumption that the trend will continue.

Range trading: In this strategy, rising as well as falling stocks are brought near to the lowest identified price and sold, once it hits the upper range.

Scalping: This strategy is also referred to as spread trading or quick trade. It involves the settling of trade within a few minutes or even seconds.

Playing news: The playing news strategy is considered to be most popular in the realm of day traders. It involves the purchase of stocks that offer good returns and selling of stocks with bad returns. The implementation of this strategy provides a good opportunity for quick profits.

Despite of the profit making strategies and popularity, day trading is not easy. It involves huge risk factors and according to statistics, 80-90% of day traders lose money in day trading and only 20% gain. It is an expensive and stressful, full time job, but if you are disciplined, a quick decision maker and can maintain good risk and money management, then you have strong chances of earning profit by day trading online.

Joe Kenny writes for the UK Loans Store, offering applications to bad credit loans and also debt consolidation loans and other loan topics available on site.

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posted by lim at 2:34 PM 1 Comments Links to this post

Contrarian Trading Works

Let’s say you want to buy some General Motors stock because you think it is going to go up. Your friend says don’t buy it because he thinks it is going to go down. Thinking about the same subject is contrary, but both can be wrong. It might only go sideways.
To be contrary in the stock market is a good way to make money. Almost all brokers think alike. That is what they have been taught. My experience having hired many brokers when I owned a brokerage company I know this is a fact. Few know what they are doing or why they do it.

To be a successful investor you must learn to be contrary. You must learn to think outside the box.

When I was an exchange member and floor trader I was known as a contrarian. I always wanted to know where the majority of traders had their money. Not just 50% or 60% of them, but 80% or 90%. Then I would wait for a special technical indicator I used to tell me when the mass of traders started to change their minds so I could either sell or buy opposite to the crowd. Once that happens it was like an avalanche as the equity started down or climbed out of a big hole like a geyser.

I was not always right, but when I was wrong the loss was very small. That is another contrarian “secret” of professional traders. The pros run quickly to keep losses small whereas the average trader and most brokers will watch and wait for it to come back so they can get out “even”. That’s a loser’s philosophy.

How many investors you know have an exit strategy? All the contrarians do. They have gotten out of the box and know exactly when to run to protect their capital when they first buy or later as profits accumulate. They have a plan to keep the biggest part if the equity changes course to an opposite direction.

When everyone gets bullish it is time to examine your positions to think about your exit. When the market gets so bad and folks are cursing their brokers more than usual it is time to think about buying.

Wall Street has taught Joe Sixpack that he has to be invested all the time. They will never tell that cash is a position. If Joe had sold out the end of 2000 and been in a money market account for the next 2 years he would not have lost 40% to 60% or more of his money.

Today everyone is bullish on oil. It has dropped more than 20% yet the talking heads continue to tell you this is only a correction and it is going much higher, maybe $100. There are many trapped with losses mounting each day. Without an exit strategy it can only get worse.

Learn to think outside the box. Get away from crowd mentality. Be contrary.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know. Copyright 2006 All rights reserved.


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posted by lim at 2:33 PM 0 Comments Links to this post

The Two Biggest Mistakes New Forex Traders Make

If you’re new to trading the forex market then this article will help you avoid two costly mistakes.

As you may already know, the forex is the largest financial market in the world. Over $1.5 trillion dollars pass through it on a daily basis. Due to its size and liquidity, the forex is fast becoming the trading forum of choice for many investors.

New forex traders need to be careful. The forex, like any other market, has its own special risks. However, the two biggest mistakes new forex traders make are common to any form of investing.

What Are These Costly Mistakes?

Well, the first one is: Getting bogged down with technical stuff. In common terms, that’s referred to as “paralysis of analysis”.

Like most financial markets there are an almost indefinite number of factors one can look at before making a trading decision. All sorts of indicators exist like support and resistance levels, moving averages, pivots, oscillators, Fibonacci and trend lines.

The big problem for new traders is these indicators create confusion more than anything else. The solution is to find a trading method that simplifies the process. Perhaps the simplest trading method is one that relies on only two or three easy to measure indicators. Anything beyond that stifles most traders.

The second mistake is…

Letting Emotion Dictate How You Trade!

All investing markets are driven primarily by the emotions of fear and greed. Whether we like it or not that’s just the way it is.

Panic selling and holding on to a position to squeeze out every last pip is typical. But emotional trading leads to bad decisions and, usually, an empty trading account.

Keeping your emotions in check is actually not that hard. First of all, go into any and every trade with a complete plan. Know when and where you’ll enter and exit. Determine ahead of time where you’ll place your stop losses. Secondly, don’t abandon your plan in the heat of the battle. Keep your objectives in sight and follow through.

One more thing: Paper trading properly will help you avoid these mistakes. Pretend your demo account is real. Find a simple trading system that relies on two or three indicators at most and…

Master It During Paper Trading!

This way you’ll go into the market armed.

By making each trade as real as possible, you’ll learn to develop trading plans and stick to them. Again, it’s all about simulating a real experience in a practice environment.

In conclusion let me just say this: (1) Find a simple trading system that won’t bog you down with too much analysis and learn it. And… (2) Learn to take emotion out of your trading decisions by following the guidelines above. You’ll become a better, more successful trader.

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posted by lim at 2:33 PM 1 Comments Links to this post

Tuesday, November 28, 2006

Stock Trading Online – A Quick Guide

By James Hunaban

There is no doubt about it, stock trading can be a risky business and one of your first steps must be to get acquainted with the various tools of the trade. Stock trading is one of the most fun things you can do, but does require a lot of skill and discipline to succeed. You must be realistic and understand that becoming successful at stock trading can be a very tricky task, and is not for everyone.

Traditionally, stock trading has been carried out at an exchange, places where buyers and sellers get together and decide on a price. Day market online stock trading is no more risky than any other sort of trading, but even so, extremely large losses or gains can happen in a very short space of time.

Online

The term “online stock trading” describes the easy way to buy and sell stock from the comfort of your computer chair, and is a good starting point for anyone interested in gaining from the big opportunities the stock market can offer.

Online stock trading is quickly becoming a way of life for a lot of people and, eventually may render stock brokers obsolete, with several online companies opening their doors to cater for the rising client demand. These stock market websites usually have a lot of extra services on their websites, and they are able to provide online market traders with stock market insight, and other good info.

So, as more people trade in stocks online and are joining the online trading fraternity than ever before, it must be remembered, that stock trading is still a form of gambling and unfortunately can have the same outcome. With the volatile and fluctuating online stock trading market, investors need to be able to make quick and informed investment decisions. Online stock trading is all about selecting the best stock opportunities and following your buy and sell signals.

James Hunaban is the owner of http://stock-trading.jims-info.com/ a site full of Stock Trading information

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posted by lim at 11:54 AM 0 Comments Links to this post

Friday, November 10, 2006

Who Was He And How Could He Improve My Stock Trading Profits?

Fibonacci - Who Was He And How Could He Improve My Stock Trading Profits?

By Chris Towland

The word Fibonacci means a lot of things to a lot of different people. For mathematicians, Fibonacci is an important number sequence. For some painters, sculptors, and other visual artists, Fibonacci is a principle theory of the arts. For traders, businessmen, economists and the like, Fibonacci is a system that can efficiently predict market trends. Yet, for most of us, Fibonacci sounds incredibly complex and something that we'd rather not discover. But what exactly is Fibonacci? What does it mean and for what is it used?



Fibonacci, which means son of Bonacci, is actually a nickname used by the famous Italian mathematician and businessman Leonardo Pisano. Bonacci, on the other hand, is the nickname of his father and it means 'good natured' or 'simple'. While Fibonacci was born in Italy, he spent most of his childhood years in Bugia (now Bejaia), a Mediterranean port in Algeria where his father, Guilielmo, worked as a consul for the merchants of Pisa. It is in Bugia where he learned the Arabic numeral system, and later as he traversed the rest of the Mediterranean world, he learned more of the Arabic mathematical system and its practical uses.



In 1200, Fibonacci ended his travels and returned to Europe. There he wrote a number of books that disclosed the mathematical skills he had learned in his Mediterranean travels. Among his works that were published are the Practica Geometriae, Flos, Liber quadratorum, Di minor guisa, and his commentary on Book X of Euclid's Elements; the last two mentioned, unfortunately, are already lost. His Liber quadratorum, or Book of Squares, is probably his most magnificent book, but it was not his most popular work. His most popular work was rather the Liber Abaci, his first book that was written in 1202 where he introduced to the Europeans the Arabic numerical and mathematical system. In this book, he also taught the Europeans how to use such mathematical system in accounting and in trading. Most importantly, it is in the Liber Abaci where he introduced the Fibonacci numbers and sequence for which he is best remembered today.



The Fibonacci numbers, or sequence, was first used in Liber Abaci as a solution to a problem regarding the ideal population of rabbits. It is a recursive number sequence that starts with 0 and 1, and the succeeding numbers being the sum of the two numbers preceding it. This number sequence efficiently predicted the ideal growth of the population of rabbits. Later, mathematicians and scientist discovered that the Fibonacci number sequence has a lot of other uses aside from just predicting the population growth of rabbits. They have discovered that the Fibonacci sequence, in fact, occurs in many various patterns of nature.



What started out as a way of counting rabbits has now found a large number of other uses and applications. And as our present day scholars continue to study about the Fibonacci sequence, more and more uses for it continue to be discovered. Today, there are a variety of applications where the Fibonacci sequence, and its derivatives, are being used. It has found use in many computer programs. A ratio derived from the Fibonacci sequence, called the Golden Mean, has been considered by ancient Greeks to be the ideal aesthetic ratio and is now being widely used by many visual artists in their works. The Fibonacci trading system, which is an efficient way of predicting future trends in the world financial markets, has also become popular to expert traders and aspiring traders as well.



Who in the past might have known that such a simple number sequence like the Fibonacci numbers would have a great impact on a lot of things today? Maybe, not even Fibonacci himself.



About the Author: To learn more about how you can use Fibonacci to accurately predict major stock market turning points, visit Fibonacci Trading at http://www.fibonacci-trading.com

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posted by lim at 1:08 PM 0 Comments Links to this post

Saturday, October 28, 2006

A Look At Forex Market Makers



By Eddie Tobey

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 a pair of currencies is bought or sold, there must be
someone at the other end of the transaction. It is very
unlikely that the investor will always find someone who is
interested in buying and selling the same two currencies at the
same amount, and at the same time. Hence, the question remains,
“How is it possible that the forex investor can buy or sell at
any time?” This is where the forex market makers come in.

The forex market maker is a bank or brokerage company that
stands ready, every second of the trading day with a firm bid
and ask price. This is good for the investor because when the
investor chooses to buy and sell a pair of currencies, the
market maker will purchase from and sell to the investor, even
if they do not have a buyer and seller lined up. In doing so,
they are literally “making a market” for the currencies.

Forex market makers ensure that the market is always functional
and that the currencies in it will always fetch the market rate.
Forex market makers do so by updating their prices at intervals
of at least 30 seconds and undertaking to trade if this is
requested. Forex market makers must fulfill their obligations
irrespective of whether the economic situation is favorable or
unfavorable, or whether they lose or profit by doing so.

Typical forex market makers include Gain Capital, CMS Forex,
Forex Capital Markets (FXCM), and Global Forex Trading, all of
which are regulated by the Commodity Futures Trading Commission
(CFTC) of the USA. Another prominent forex market maker is Saxo
Bank, which is regulated by the Financial Services Authority
(FSA) of Denmark.

Until recently, central banks, commercial banks and investment
banks dominated the forex market. Due to the entry of forex
market makers, other market players like international money
brokers, large multinational companies, registered dealers,
global money managers, and private speculators have entered the
market in large numbers.

About the Author: Forex Brokers provides detailed information
on forex brokers, forex trading and market makers, and other
forex-related topics. For more information go to
http://www.e-forexbrokers.com and/or visit its sister site at
http://www.e-incorporatinginflorida.com for related
information.

Source: http://www.isnare.com

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posted by lim at 10:46 PM 0 Comments Links to this post

Forex Strategy: How Do You Trade The Non-Farm Payroll Report?

The non-farm payroll report is probably the most volatile of all fundamental announcements. How do you trade the roller coaster ride? How do you avoid being stopped out? This report contains a simple answer.

 Forex Strategy: How Do You Trade The Non-Farm Payroll Report?
By Michael A. Jones

In the development of your forex strategy do you wonder how you can trade the non-farm payroll report?

Seeing this is one of the most, if not the most, volatile announcement during the month (first Friday in every month) newer traders watch the huge movements and wonder how to make money from all that volatility.

Here’s an answer you may not fully appreciate until some explanation is offered. “How do I trade the non-farm payroll report?” The answer is: “By maintaining a neutral position!”

To put it another way, YOU DON’T!

The market is far too volatile at this time to expect a high probability trade. There may be some gamblers out there who relish the thought of ‘placing a bet’ to go long or short. But serious traders know better.

Actually, the professional traders I know all say the same thing: “Stand aside and wait for the market to calm down.”

This may take between 30 to 45 minutes in some cases and even then the direction of the market may be uncertain.

Some suggest you can trade volatile market movers such as the non-farm payroll report by waiting for the first leg of the move, up or down, then wait for price to pull back 10 or 15 pips, then enter a trade to catch the second leg of the move which often follows.

That’s one possibility but still very high risk. Personally I prefer to base my forex strategy on sound market assessment and carefully researched trades.

However, while many professional traders sit out the non-farm payroll report, that doesn’t mean they don’t trade afterwards. After the market has made a violent move in one direction you sometimes see price stalling and then give a clear signal that it’s momentum is exhausted.

This may be in the form of a candle pattern such as a hammer with a very large shadow which also happens to be on a key support or resistance level.

Now you can enter a trade with a small level of risk as you place your stop just above the high or low of the candle signal.

This advice applies to all fundamental announcements which are considered ‘market movers’. By developing a cautious forex strategy based on sound trading principles, you will enjoy this business and get the satisfaction of seeing your account equity steadily growing.

Michael A. Jones is a writer and webmaster with over 10 years experience who also trades the forex regularly. Visit this page for details of how he finally started to make consistent profits:


more free forex with video clip welcome to my site http://www.invest-2-forex.blogspot.com








Michael has also put together a list of key free resources which he finds invaluable:

http://www.vitalstop.com/Forex/forex-directory-free-resources.html




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posted by lim at 10:36 PM 0 Comments Links to this post