Mini Forex Account

Rapid and fair trade execution. Market orders are confirmed within seconds at prices clicked on or accepted by the client. Furthermore, GCI has a "zero slippage guarantee" for all Forex Stop and Entry Stop orders that are placed at least one minute before the market reaches your specified price.Zero commissions for all accounts. Client trading performance is enhanced by eliminating all commissions.State-of-the-art trading software. The GCI trading software provides real-time prices in 23 major currencies, 5 equity indices, plus gold, silver, and crude oil. Live charts, and real-time P&L and account equity tracking are fully integrated into the free software. Windows-based and Java-based versions are available

Forex Economic Indicators

The execution of fundamental analysis in the Forex market is done through the use of economic indicators. These indicators point to the state of some economical factors in the country whose currency you wish to trade with.Economic indicators are published by various sections of the government and private companies. These statistics are analyzed by market investors to predict the direction of the Forex trading market. Forex economic indicators are published at fixed time intervals, and are followed by any serious online Forex trader.Since so many people are tuned to use them, Forex economic indicators have a large impact on prices of currencies of the Forex trading market. Most traders do not use fundamental analysis because economic indicators seem difficult. This however is wrong because following simple guides can help you stay updated with the important Forex economic indicators easily

Basic status of japanese yen

Characteristically, the Japanese yen traded corresponding to shifts in risk appetite throughout the past week, with extensive losses in the stock markets assisting to enhance the currency. These relationships are expected to hold in the upcoming future, whilst fundamentals should not have the important role to take. Nonetheless, there is going to be a few of Japanese indicators released that might be interesting enough for traders. On Monday, the statements from the Bank of Japan’s December conference, at the same time as the Monetary Policy Board swiftly cut rates by 20 basis points to 0.10%, is going to be released. Considering this policy movement, statements within the minutes is probably to be very bearish on outlooks for the Japanese financial system, worldwide growth, and financial market circumstances. On Wednesday, retail trade numbers might show a sharp 0.8% decline in utilization in December, showing the 4th straight month of reduction and indicating fading domestic requirement

Starting to use Forex economic indicators

To get started, you should first keep a log of all the important Forex economic indicators' release dates. Keep a log or make a subscription to one of the economic journals, so you'll know the most important factors of that time. If you are trading in JPY, the Forex economic indicators need to be relevant to the currency type, of course.Each economic indicator tells you about a different aspect of the economy, and this should be translated in turn into the predicted movement of the currency price. Make sure you understand which aspect the indicator is about. For example, know that the GDP measures the growth of the economy while the PPI measures inflation. Don't worry, with some experience this will come naturally

Euro Trading Tips

Learn to identify trends and trading opportunities with the euro. See and discuss important chart patterns and current events with a euro trader.Learn the best time to trade the euro. Learn how to anticipate movements and confirm trends in the euro. Discuss what’s happening in the euro today with a Power Course instructor.DailyFX+ Live11:00 am EST (16:00 GMT) and 7:00 pm EST (00:00 GMT)Experience the power of DailyFX+ in a live video walkthrough!Discuss current market movements. Discuss the day's price action. Identify signals for immediate trading. How to use DailyFX+ to find trades

How to read the Dealing Rates

Many institutions in the forex market quote prices down to 1/100th of a cent in the euro/US dollar currency pair. 1/100th of a cent is called a "pip"; therefore, a change in the price of a euro from $1.4613 to $1.4614 is a change of one pip.FXCM actually shows prices with an even greater degree of precision, down to 1/10th of a pip (which is 1/1000th of a cent). Forex prices are always quoted in pairs, such as the euro to the US dollar (abbreviated EUR/USD). The price shown in the dealing rates box to the right defines how much of the second currency 1 unit of the first currency is worth. For example, a EUR/USD buy price of 1.46160 means that it takes $1 and 46.160 cents to buy 1 euro

Consumer Price Index (CPI)

This Forex trading economic indicator is published by the Bureau of labor statistics in the U.S. Department of Labor, every 13th of a month. The economic index is relevant for the passing month, and measures the price of a fixed basket of goods and services that is bought by consumers. This is the most used measure of inflation, an important tool for the Forex trading market.It is important to state that this Forex economic indicator does not measure technological commodities which change in price, and this is something the CPI has been criticized for.When you use the CPI to measure Forex trading price changes, you should always remember to take into consideration the movements in the food and energy prices, because they can change and rise or drop regardless of the Forex currency or the inflation levels

Introduction

The FXCM Trading Station is a world-class online foreign exchange trading station designed to provide clients with comprehensive market information and a high level of execution.FXCM feeds real-time streaming prices into the FXCM Trading Station. These prices update dynamically tick by tick with the slightest market move. They are not simply indications of where the market is trading but actual executable prices where traders can buy or sell the currency pair.In an over-the counter market like foreign exchange, not all participants have equal access to competitive pricing. The larger and more creditworthy an institution is, the better its access to other market participants and the more competitive it’s pricing. According to the financial data posted on the CFTC website, FXCM is one of the largest non-bank FCMs that specialize in the Spot FX Market

Consumer Credit Forex Indicator

The consumer credit index is published by the federal reserve every fifth business day of the month. This Forex trading measure is used to evaluate consumer spending. This measure is liable to make considerable changes and fluctuations in its value.Consumer credit consists of three categories: auto, revolving and other. All in all this indicator is less important than the CPI, but it can also help you gain an understanding of the online Forex trading market

FX Trading Station Overview

Real-time streaming quotesRapid Trade ConfirmationsSpreads as low as 1 pipsHedging FeatureReal-time P/L trackingReal-time summary view of all open positionsAll relevant trading information displayed on one screenMultiple Leverage options*Customize fonts, colors, window size and location24-hour Internet and telephone trading

Introduction to Technical Analysis

Any forex trader must apply a certain method in order to predict the future price of a certain currency, that's a given fact. The entire concept of speculative forex trading is based upon future fluctuations in currency prices. You make profit by buying a certain currency in one price and selling by another.Therefore, the most important thing for any trader, novice or expert, is to have some sort of prediction to future price changes. Thus came to life several different methods of market analysis, each tries to incorporate different methods and data in order to give some sort of prediction to the future price of various currencies.

Introduction to the Forex

Although currency trading has a long history dating back to the middle ages, it is the changes that we have seen during the twentieth century which have created the Forex market we see today.During the first half of the twentieth century the British pound was the world's principal trading currency and was the currency held by many as their main 'reserve' currency. As a result, London was also seen as the leading center for foreign exchange. However, the Second World War severely damaged the British economy and so the United States dollar took over as the world's principle trading and reserve currency and retains that position today. This said, there are now a number of other currencies, principally the Yen and the Euro, which are also seen as reserve currencies.

Forex Trading Uptrends

An uptrend is a Forex trading trend that occurs when the general direction of the Forex trading currency you are trading is upward.Forex uptrends are used by traders to make profits while the trend lasts and until it reverses. The goal of most technical traders is to identify a strong uptrend and to profit from it until it reverses, and with this Forex trading trend strategy, you are able to cut down on unnecessary losses. The best way to use uptrends is to sell the currency once the new peak become lower than the previous peek.

FOREX-KILLER

Forex-killer software package is very intuitive and easy to use and understand. Forex Killer provides you the exact information you need to buy sell or hold like no other software or trading system currently available.The package and the learning videos really set the standards.Anyone into trading will find this package a great tool and have a lot of success with it. Highly Recommended

Forex Trading Support and Resistance Levels

In this Forex trading guide we will try to describe in detail exactly what support and resistance means in the following Forex trading lesson. Support and resistance levels are important indicators that can be used to set stop loss and take profit orders using technical analysis.Support levels are the places where the price of the currency is expected to rise. This happens when there is enough demand for the currency in order to stop the downtrend and therefore causes it to go up.In order to recognize support levels in Forex trading, take a look at the Forex chart, and try to find a few lows that fluctuate in a horizontal line. This line will be set as the session's support level.

DOUBLING STOCKS

Just in case you did not already know, it is the first commercially available stock trading robot made by the same guy in this case michael who made a similar stock trading picking robot for Goldman-Sachs which is now responsible for the over $4 billion in profits which they make. So why should you try Doubling Stocks?1. it is so easy to use to make money, all you have to do is to wait for the newsletter to come and it usually comes on the sunday of each week it might come late if there are not able to come up with any trades2. you have a 56 day guarantee, so you are free to try it out for almost 2months and if you still do not like it you are free to return it.

Forex Trading Moving Averages

Forex Trading Moving Averages is a technical analysis indicator that lets you see the average value of a currency over a period of time. In order to calculate moving averages for the past 20 days you add the last 20 currency prices and divide the addition by 20. Because days continue to advance, the sum you'll get through Forex trading will change on a daily basis, and this is why it is called moving averages.The most commonly used Forex trading moving averages timeframes are 20, 30, 50, 100 and 200 days. Each timeframe can give you a different view and perspective on the future of the currency, and this is why all of these figures are used periodically. Using these different timeframes you can increase your profits and also protect you lots from unnecessary losses, so use it wisely, and frequently.If the Forex trading timeframe is shorter, price changes will affect it more. If the timeframe is longer, the moving average will be smoother and less sporadic. Moving averages are used in order to recognize a certain trend the Forex trading currency is following, and also to view a clearer and straighter graph, without any added "noise

Forex Network

Unfortunately, when a couple marries, there are larger loans that the couple thinks about – in order to further themselves in their financial goals. A mortgage is one of these loans. The income of both partners will allow them to obtain a larger mortgage, but – how will the less than great credit affect the outcome of the loan? The higher risk that a consumer appears to the credit card agency or mortgage agency – the higher interest rate that will be offered on the loan. There are many solutions to this problem. Simply waiting until better credit has been established, while saving a larger down payment could decrease the effects of the bad credit score on your partner’s side. Many lenders are more willing to work with potential homeowners that are offering a larger down payment that can be applied against the mortgage.

How to Choose a Forex Trading Website

So you've decided, rightfully so, that online Forex trading is a profit venue that you want to explore. This is a smart choice because of the earnings options and other advantages the Forex trading market offers.If you are wondering how to get started in the online Forex business just follow the following page guidelines and you'll be on your way to become a better forex trader.Choosing the initial forex broker is important even before you try them out and trade. To select the right Forex trading broker for you, you need to examine the following factors and then decide which forex broker suits you best.
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eMoney market account

It is a recognised fact that the current world economy is not doing great at the moment and therefore it is important for us to consider preemptive measures to secure our savings. This is to ensure that the future is guaranteed for us and our children. One of the ways to do so is through long-term fund savings that only certain reputable banks can provide. A Buffalo, New York-based bank called M&T Bank is now offering money market account services online. Saving has never been so easy and effective and you can find out more about their services through their website. With the current economic recession that the world is currently in, one certainly needs to go through all available options in order to ensure that your hard-earned money is saved and that guaranteed returns is assured.

Steps for choosing forex Trade

Choose the right program for you - You first need to examine each of the websites, according to the services they offer. Some websites are more into online Forex trading advice, for example. If this is not something you are looking for, you need to find a different online Forex trading agent.Check the commissions before choosing a Forex trading website - Some websites include a registration fee for making the Forex trade while others, including major Forex websites, are free. A website that has fees for Forex trading doesn't mean it is a more serious site.Examine the Forex trading Website - When you enter a website for Forex trading, examine it and notice the quality of the website's layout. The main factor in online Forex trading websites is the process of entering an investment so pay attention especially for this aspect

Pressure for HBOS relieved but not for those in financial difficulty

confidential and independent advice and guidance on how to deal with debt problems, reports that they received over 4,000 calls in relation to first and second charge mortgages during June, July and August this year, up from 2,865 the previous year.More than 50% of their callers are female and more than 60% of their calls relate to bank loans, overdrafts, credit and store cards showing there to be real concern amongst people about their financial stability.

How to Open a Forex Trading Account

After you learn about the advantages of the Forex market, you'll want to start trading right away. To understand the Forex trading platform you'll first need to learn how to open your online Forex trading account, wherein all of the currency transactions take place.Opening an account consists of four basic steps:- First, select your account type.- Then, register and enter your deails on the website.- Next, you have to activate and confirm your account.- Finally, download the Forex trading platform and start trading with your account.

The higher the better

When we talk about insurance, we always want to get the higher bond of it so if something happens to us, we can claim quite a lot to finance the damage that had been done. Insurance is a very big issue when it comes to automobiles. Auto insurance quotes are quite difficult to handle since you can hear a lot of claims from there. You will also be able to make a great deal to each of every auto insurance quote if you will land on the right side of the insurance company. If you will not, you will be on the losing end and you will not be able to get the financial aid that will be enough to repair all the damages and worse, you will end up paying extra cash to those who finances, which could have been carried along by the auto insurance. So you see these auto insurance quotes have to be regarded as one of the most important things that you have to consider when you will go for that matter.

Selecting a Forex trading account type

Forex trading sites offer different account types. Make sure you find the right trading site, and then the job of selecting the account type will be easy.One of the differences between Forex Trading account types is the size of the account. There are Forex trading accounts as well as mini accounts that vary in size, and can range between $25 to $10,000. The account size will determine which lot investments are available to you. Create the account according to the funds you want to invest with, and make sure you do not risk to much of them right from the start.You should also make sure you choose a Forex trading spot account, rather that a futures account. This is the most popular account type, as most online traders want their trades to be done instantaneously.

Credit card consolidation

Contemporary modern lifestyle dictates that people do not bring along cash to make purchases. In stores or shopping complexes, real cash is only used for small payments such as buying clothes or food. However, when buying expensive products such as computers, cars, houses or anything with a huge sum of money, we do not make cash payments. Often, we use the services of a bank to make payment via a credit card. Paying by credit card more practical because it is not necessary to carry the cash directly and one does not necessarily have the money to use it because the credit card is based on a system of debt The average U.S. family has more than $9000 in unsecured debt. Many therefore struggle to get out of credit card debt via various debt consolidation programs

Forex trading account registration

When you open a Forex trading account, you will be asked to give various personal details, including your credit card details, so you will be able to make real cash trades. Some sites offer Forex trading free training wherein you are not required to give out your credit details in order to open and use the demo account.In most cases Forex trading registration is done online, even though sometimes you are required to register by fax. This is uncommon though and only occurs for the smaller Forex trading sites.Forex

The Big Ben strategy

Big Ben is a currency-specific trading strategy designed to capture the first directional intraday move that often occurs within the first few hours after the Frankfurt/London market openings, which begin at approximately 1 a.m. ET. The strategy works best with the British pound/U.S. dollar (GBP/USD) rate.Because this currency rate trades lightly outside of London trading hours, the surge in trading every morning in the U.K. gives it a “Å“real” market opening, which the strategy looks to exploit. Figure 1 shows pound/dollar trading is virtually nonexistent during Asian trading hours. When London opens, however, the pound/dollar accounts for nearly one-quarter of all forex trading. Currency rates with more continuous, 24-hour trading will have less of a distinct open/close as they pass through the different money centers.

How to Place Different Types of Forex Trading Orders

In this page we explain about the different forex order types available for online Forex trading. The most important things to remember about placing a Forex trading order is this: Always understand the orders you place. Never place an order which you are not entirely knowledgeable about. You'll be able to see the orders available for you after you open your trading account, so soon after check and learn about the different ones you can make.There are various Forex trading order types to choose from, and each order has its advantages and disadvantages, which will described in later pages.

How to make money with Forex

Dukascopy is Swiss based forex broker, they have been around since 1998. They state that they offer a real time forex interbank rates with as low as 0.5 to 1 pip spreads on major pairs.Their minimum deposit is USD 50,000 and payment could be handled via Money Transfer, Bank Guarantee, Standby letter of Credit or Segregated Accounts with Swiss Private Banks. No online payment method - such as Paypal or Google Checkout- are accepted. They even don’t accept credit card.Their trading platform (SWFX - Swiss Forex Marketplace: Terminal Level II, SWFX 3.0i) is available in Java platform and Web based. So, you should ensure that you have a stable and approriate internet connection speed when trading with them.Since I don’t have any personal experience with them, I could not give any review on their the technical aspect of trading with Dukascopy. If you have any, please kindly share some words about them here

Market Orders

Market orders are the most basic Forex trading orders that are bought and sold for the current market price. With market orders, the transaction is done regardless of the price. The Forex trading software gives you real time prices, so you can decide exactly when to execute a market order with ease. Market orders are perfect for situations where you follow a certain currency up close. The minute you want to enter a position you can buy and sell the currency at a click of a button using Forex trading market order.The main thing to remember about market orders is that they are executed for the current market price, and that this is beneficial if you want to instantly enter a position.The process of placing Forex trading orders is like so:1. First you specify the currency pair and the size of the deal. Let's say the EUR/USD pair quoted 1.2603/06, for 2 lots of $100 each.2. Next you choose to either sell each EUR for 1.2603 USD (bid price), or choose to buy each EUR for 1.2607 USD (ask price).3. Finally, the transaction is confirmed by your dealer. This only takes a few seconds for Forex trading orders.

Difference between the forex market and the stock market

When trading is done in the forex market, it requires at least two or more than two countries and it can take place anywhere in the world. In this market, one country is the investor and the other country is where the money is invested. In the majority of the cases, the transactions are done through the broker, such as a bank.Importance of the forex marketThe forex market involves a variety of transactions and countries. The countries that are involved in the forex market do trading in large volumes and invest a huge amount of money. It takes money to make

Limit orders

Forex Trading Limit entry orders are executed only if the currency price touches but not breaks the price you set. Limit orders are done when traders want to set the limit price. These orders are executed only if the currency reaches the limit price you set. Limit orders are used when you want to buy and sell a currency only if it reaches a certain price or better. Let's say the currency pair EUR/USD is worth 1.245, and you buy a limit order of 1.249. This means that the transaction will be executed only if the currency

Free Daily Forecast Forex

The Forex system is a relatively easy one to understand at its basic level but it can also be as intricate as you can possibly imagine. What the system actually is, is a way of trading currency from various parts of the world. These currencies are always traded in pairs and you need to purchase one currency with another in the hopes of making a profit whenever the difference between the two moves in your favor. A good example of this is that people will buy euros with dollars or perhaps the yen with the American dollar as well.People who have done Forex successfully in the past, often caution individuals from jumping on board too quickly because the entire system can be a little bit unpredictable. Currency prices tend to change on a whim according to news stories or perhaps world events that happen which can affect the part of the world in which the currency is operative. This can either work in your favor or against you so it is definitely something that is not for those who are unwilling to take a risk. That being said, there are also some indicators that will give you a good idea of how well something will do, barring any unforeseen circumstances

This page covers everything you need to know about the bid and ask prices in the online Forex trading market, From the definition of Forex bid & ask p

This page covers everything you need to know about the bid and ask prices in the online Forex trading market, From the definition of Forex bid & ask prices, to the use of the bid & ask spread.A Forex Trading Bid price is the price at which the market is prepared to buy a specific currency pair in the Forex trading market. This is the price that the trader of Forex buys his base currency in. In the quote, the Forex bid price appears to the left of the currency quote. For example, If the EUR/USD pair is 1.2342/47, then the bid price is 1.2342. Meaning you can sell the EUR for 1.2342 USD.A Forex asking price is the price at which the market is ready to sell a certain Forex Trading currency pair in the online Forex market. This is the price that the trader buys in. It appears to the right of the Forex quote. For example, in the same EUR/USD pair of 1.2342/47, the ask price us 1.2347. This means you can buy one EUR for 1.2347 USD.

Stop orders

A stop order is placed to accumulate profits or to prevent losses. To place a stop order, simply specify the price where you'd like to place the stop on. Stop orders are sometimes names stop loss orders, and can occur for both bid and ask transactions.A stop loss order is a type of Forex Trading limit order that serves as a protection against a large drop in currency price. If the currency price falls beneath the price you set, it is automatically sold, thus ensuring you do not lose too much money

Forex

Don't have the time to trade your own account? We believe a managed forex account can give an investor who cannot watch the market 24 hours a day an opportunity to participate in the exciting world of forex trading. A forex managed account is also ideal for those investors who prefer to have their capital managed by professionals. This is a viable solution for individuals or companies looking to diversify into Forex without hands-on involvement. It is an effective way for retail investors to benefit from the knowledge, resources and experience of an investment manager without

"If Done" Orders

This Forex trading order is executed only when the previous order is also executed. This way you can work on other currency orders and not have to worry about executing of a specific order. An "if done" order can be illustrated with the following example. Let's say you want to buy a certain currency, but also want to place a stop to make sure you do not lose much money on the trade. You then place two Forex trading orders- one for the first buying of the currency, and the other for the stop. The second order for the stop will be placed as an "if done" order, in order to make sure that the stop will be placed only when the first order is filled.

The aim of forex trading

The aim of Forex trading is to make profit with increasing or decreasing currency prices. A trade is place when you expect the value of a specific currency to increase. In a currency pair, when the currency you buy increases, you must sell the other currency to make a profit. An open trade, or open position, this a trade in which you have already bought or sold a currency pair, but have not yet bought back an the same amount. The five most popular currency pairs in Forex at the moment are USD/Yen, Euro/Yen, Pound/USD, Swiss franc/USD, and the Euro/USD.

Forex account activation and confirmation

Because we are dealing with real money accounts, you are required to verify your details and your email, through various needed steps. Before you sign the terms and conditions of the Forex trading account, make sure you understand what the site is offering. You should make sure you understand about the various conditions that include:- The Forex site's hours of operation and the availability of live support.- The bid/ask spread that the site offers for major currencies, in relation to what other sites offer.- Make sure that proper leverage is available through the margin per trade.- Find out about The minimum account size and lot size.- Check that there are no small print or hidden commissions that the site's operators prefer you don’t know about.- If you can, try out the Forex trading platform, as well as the charting and technical analysis options beforehand.- Check the general contract and make sure you save it along with the requoting policy on your computer.