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Tuesday 31 January 2012

Forex trading platform, trade from home

The Forex market is a great way to earn extra money online, and if you are very good to make a living from it. It's one of the rewarding career choices that I know of. You have the opportunity to earn a lot of money, tons of people have been able to leave their day job today to trade these markets.


Out of all the asset classes the Forex market is the best choice for those considering a career in the Forex market with its $4 trillion daily volume traded, and who wouldn't want to trade on the largest and most liquid market in the world.


It used to be the case that the foreign exchange market was limited to large financial institutions like investment banks and big multinational companies used it for trading purposes. Thanks to modern technology, well it's not that modern anymore, and the high speed internet and the decreased sanctions on the currency market, ordinary people like you and me can trade and participate in the biggest market in the world. Imagine going to an exotic market in Asia, where you can go out and bargain for goods. Don't you get excited when you think you made a good deal and bought something for a cheap price. Imagine a market infinitely bigger than that and where it was your day to day job to be buying and selling items you thought were cheap. Well the Forex market offers that.


Since it is now open to everyone it is a very profitable industry and all the online Forex brokerage firms improve the ability to make money. It is important that you have a high speed internet connection as this will be critical when making trades. You don't want to suddenly see your account fall a great deal, and not be able to change a great deal because of a bad internet connection. This could make you lose more money.


You will now need to pick a Forex brokerage company to hire. They will provide trading platforms that make it extremely easy for you to install it on your computer and use. You should pick a platform that you are very comfortable with and choose one that provided accurate and up to date real time information. Also pick a platform that is secure an stable as you are depositing your money with them!


Hopefully, this provides you with a basis introduction into Forex Platforms. Posted by Forex Growth Bot .

Monday 30 January 2012

The dinar investment is the next big thing

If you are planning to make money quickly and in less time, then the ideal thing that you can do is make some dinar investment. Buying dinar has become a fad as it offers you quick money in less time. Although there are many ifs and buts in terms of foreign currency investments, most investors have become rich with such investment.


Many people wonder whether such foreign currency investments can be the scam designed by fraudsters. Yes, it's partly true that there are some bad people who frauds the innocent people of their hard earned money by making tall claims about the foreign currency investment. But it is always recommended that you should always collect all the relevant information about the Iraqi dinar from a reliable and a reputed dealer and then proceed with the investment.


Dealers are the only people who can provide you with all the latest information about the market as well help you in making proper dinar investment. He is also the right one who will help you in buying dinar that is authentic. If you are wondering whether it is a good deal to make foreign currency investment or not, then there are many minute things that you must keep in mind. It is important that you study the market well to check the stability and the fluctuations. You must also have clear idea about the present socio-political scenario of the country Iraq. All these will give you proper idea about the Iraqi dinar and whether making an investment there is appropriate for you or not.


Always remember that all business and all investments have their own risks and threats. So make sure that you are prepared to face the consequences. All businesses do not have only profits, but also losses. You must be prepared to face whatever comes in your way. These days, Iraq is improving in all aspects by leaps and bounds, and the government is also taking some crucial decisions in order to develop the country. Thus it is quite a lucrative offer for all the foreign investors to make dinar investment. At present the value of Iraqi dinar is 1167 per US Dollar and it is improving the economy of Iraq to a great deal. And add to that the government of Iraq doing all that is required to boost the economy. Thus buying dinar can be a great option for the future profit for all those investors who are looking for profits overnight.


Posted by Forex Growth Bot .

Sunday 29 January 2012

Fundamental Analysis

Fundamental analysis takes into account economic, social and political variables that affect supply and demand of assets. Basically, supply and demand affect price and like everywhere else in the world, this counts also for the Forex. Based on various factors we can get an idea of how the country thrives. If the economy a particular country is doing well, its currency strengthens. Investors will want to invest in the country which means that they will have to buy a given menu. This means that if the economy is good, currency value rises. If it is bad, so the value of currency decreases.


What is Fundamental Analysis


In general fundamental analysis tries to predict how the economic, social and political variables affect exchange rate movements (stocks, commodities or currencies). Default forecasting procedure consists from three steps:


Global Analysis - examines the overall economic situation


Field Analysis - examines trends in the development of the field


Analysis of specific entities - examines the value of stocks, commodities or value of the currency


We can divide the basic needs for fundamental analysis on Forex market into two steps:


Global Analysis – analysis forecasting development of currency markets in total


Analysis of specific entities – specifically at Forex market follows the development of a currency pair


But because of the Forex market being an internationally interlinked market, almost without borders and limitations, these two steps often blend together creating one big fundamental analysis of the global Forex market.


Fundamental analysis is a way to look at the market through the economic, social and political aspects that influence supply and demand of assets. In other words we are looking for an economy that is doing as well and regularly as its currency is doing. The better the country's economy is doing, the more the neighboring countries believe in its currency. Marketers use the information based on the reviews posted on financial magazines, websites or published in professional journals and financial newspapers periodically weekly or monthly, in addition to the GDP (Gross Domestic Product) and ECI (Employment Cost Index), which are issued quarterly.


The most important information sources include financial newspaper such as Wall Street Journal, Financial Times, The New York Times, Business Week magazine, for example: as well as websites such as Reuters or Bloomberg, being these two the most prominent.


There are loads of fundamentals and other factors that cause changes in the rates of currency pairs; and fundamental analysis is extremely important for the trader. Even a trader who trades only on the basis of technical analysis must take into account the announced reports.


Politics moves with FOREX


All the changes in the movements of currency pairs are directly tied to changes in government, military, economic or financial policy of superpowers. Political crises are usually very dangerous and mostly unpredictable for the markets. Contrary to anticipated political events (elections, conclusions of interstate agreements, etc.), which generally take place at the exactly specified time and provide the market with opportunities coming from these changes, political crises come all of a sudden. It is important to know that in cases such as political crises, the spread can expand from 5 to 100 pips. Then you need to act quickly and with a cool head to avoid large losses.


If you are considering and deciding to trade according to fundamental news, be aware that markets do not always react as they are expected to. Nervousness and speculation about possible developments even before the important messages are announced, often excite false signals to enter the trade. Therefore, it is important and necessary to carefully test the method of inputs and outputs, preferably on some demo platform with actual and real data.


There are a lot of factors that can cause a nation's currency to fluctuate. The key concept is that the movement of currencies is based on supply and demand, which is influenced by both economic factors and confidence factors.


Basic indicators of Fundamental Analysis


Fundamental analysis aims to determine a currency's value by assessing the relative strength and weakness of a country's economy compared to those of its trading partners. GDP growth, inflation, interest rates, and political stability and other factors are all taken into account.


Interest Rates


Growth in interest rates causes an increase of nominal value of bonds and interest rate bonds. Interest rates are charged by various financial institutions. For example, the Prime Rate is an interest rate charged by banks to reputable customers and the Federal Funds Rate is an inter-bank rate for borrowing reserves to meet margin requirements. If there is an uncertainty in the market in terms of interest rates, any developments regarding interest rates could have a direct affect on the currency markets. Generally, when a country raises its interest rates, the country's currency will strengthen in relation to other currencies as assets are shifted to gain a higher return. The timing at which the interest rate moves is usually known in advance. Interest rates are announced by central banks of individual countries, and the most important are:


Bank of EnglandUnited States Federal ReserveEuropean Central BankSwiss National BankBank of JapanReserve Bank of AustraliaReserve Bank of New Zealand


Economic Indicators


GNP (Gross National Product) - GNP refers to the sum of all goods and services created by citizens of specific country.


GDP (Gross Domestic Product) - GDP indicates the value of all products and services produced in the country regardless of who owns the assets, or what nationality is the labor used to produce such products and services. The Gross Domestic Product is then the sum of all goods and services produced by both domestic and foreign companies in the economy in a year. GDP is a good indicator for the pace at which a country's economy is growing or shrinking as it measures the country's economic output and growth.


Consumer spendingInvestment spendingGovernment Spending


Indicators of Industrial Sector


Industrial Production - Industrial Production is the quarterly measure of the change in the amount of goods and services produced per unit of input. It incorporates labor and capital inputs.


Capacity UtilizationFactory OrdersDurable Goods Orders - Durable Goods Orders measure the new orders placed with domestic manufacturers for delivery of hard goods.


Business inventories - Business inventories and sales figures consist of data from other reports such as durable goods orders, factory orders, retail sales, and wholesale inventories and sales data. Inventories are an important component of the GDP report because they help distinguish which part of the total output produced (GOP) remains unsold.Indicators of Construction Sector


Planning permissionsRegistrations, a proxy for housing startsDwellings completedInvestment in construction industryIndicators of Construction Sector


Fiscal Policy - is the part of a national economic policy that affects the economy changes related to the amount and structure of public spending and taxes.


Monetary Policy - is the part of a national economic policy implemented by the central bank's monetary instruments.


Inflation - refers to the increase in prices (price level)and wages over time that decrease purchasing power. It is calculated from changes in the price index, usually a consumer price index, or a GDP deflator.


PPI (Producer price index) - The PPI measures the average changes in selling price as indicated by domestic producers for their output in various industries. The Forex market tends to focus on the PPI for seasonally adjusted finished goods on a monthly, quarterly, semiannual and annual basis. PPI is an accurate precursor of the important Consumer Prices Index (CPI) figure.


CPI (Consumer Price Index) - The CPI is a primary indicator of inflation that measures the average price for goods and services most commonly used by a typical household. By definition, it is a measure of the average price level paid by urban consumers for a fixed basket of goods and services. It reports price changes in over 200 categories. Items included in the CPI reflect prices of food, clothing, shelter, fuel, transportation, health care and all other goods and services that people buy for day-to-day living.


GNP deflator - current and constant proportion of GNP


GDP deflator - current and constant share of GDP


Commodity Research Bureau's (CRB)Merchandise Trade Balance - balance of trade in goodsIndicators of Construction Sector


Report of the Employment Status - generally the most important indicator.


ECI (Employment Cost Index ) - the index of wage costs.


Retail SalesVehicle Motor Sales - the index of sales of motor vehicles


Personal income


Main Indicators


Average workweek of production workers


Average weekly claims for state unemployment


New orders of consumer goods and materials


Performance sellers


Contracts and orders for factories and equipment


New building permits issued


Change of the orders in the backlog of manufacturersChange in the prices of materials


Fundamental analysis is a very effective and efficient method to forecast economic conditions, but not necessarily exact at forecasting market price movements. It important to study the fundamentals and see how they best fit your trading style before casting yourself into a particular mold regarding any aspect of market analysis. Furthermore, it is vital to stay current with public announcements and news that can suddenly move an exchange rate hundreds of pips in a matter of minutes.


Posted by Forex Growth Bot .

Saturday 28 January 2012

Currency Converters overview

Countries have their own currencies to use in buying, selling, and trade. When traders from different countries want to do commercial transaction, they will need to have unified currency to deal with. So, if a US company wants to buy Egyptian cotton, they will have to pay the seller in Egyptian pounds. Here comes the need and importance of currency converters.


Also, if the same US Company wants to visit Egypt to see cotton samples before making buying decision or to even visit the country touristic locations, they will have to carry some Egyptian currencies with them so they can buy, take a ride, or have a meal. That is another use of currency converters.


Currency converters will help you get the worth of your money into another foreigner currency. Currency converters will use daily exchange rates to calculate the value of your money compared to the other currency.
Converting currency is usually done by banks and institutes who have access to exchange rates as possessions of different currencies. There are even some hotels that offer currency converting services but they might not be as accurate as banks and professional institutes.


With the use of internet, a new business of online currency converters developed where you can know the exact worth of any amount of currency you have and want to convert to another. Some people will want to use currency converter without the actual need to online convert money, just for fun or as sort of general knowledge.


Now you can know the whole worth of any trade deal before actually starting to negotiate with the dealers with hitting one button and using online currency converters. You will know an approximate amount of money that you need to travel with to not face any embarrassing situation.


There are lots of trusted websites all over the internet, you can search for online currency converters and there will be many websites offering this service.


It is very important for those who travel a lot or deal with traders overseas to use currency converters to be fully aware of what their transaction will cost.


There are also some currency converter calculators that can help you find the worth of your money. Unlike traditional calculators, currency converter calculators need to be updated regularly so that it can be relevant whenever you need it.


You should always be aware of currency converters before dealing in any currency other than yours. Posted by Forex Growth Bot .

Friday 27 January 2012

Forex Trading: Must know information?

Getting the necessary and the right information is one of the most important things in order to be successful.


It is so important that you get access to the right sort of information as it is a pillar stone of your success. When you look at a company, an army or even a government, all these organisations have one thing in common. They get the right information to make the right decision. Information is such an important part of our system.


This is also very true for the financial markets, especially the Forex market. Once you get the right information, it's important you analyse and study it, formulate an opinion on what you read and act upon it.


It is true that the Forex market has made a lot of people a lot of money, but it has also caused many to lose a lot of money aswell. Forex market is extremely difficult for the average investor. You can make a lot of money or lose a lot.


With the constant oscillation of currency value in this market, it vital that you obtain the right information, so you can make risk calculated decisions. The right and wrong information or late information can lead to either a road to success or a road to failure.


Even if you have the necessary skills and knowledge about the Forex market, that is not enough for you to become successful. You should consider whether or not the Forex market is for you. However, it is still a fact that one can make a lot of money in this market. People have been known to retire from trading the Forex market.


If you are going to join the Forex market or if you already have an active account, please before you start or make another trade make sure that you have access to the right kind of information. I would recommend that you hire a technical or fundamental analysts so if you do not know a thing about Forex charts and graphs. Also keep in contact with the news as this plays a crucial part aswell.


Posted by Forex Growth Bot .

Thursday 26 January 2012

Buying dinar carefully might prove beneficial in future

Different people have different modes of savings. While some prefer to buy mutual funds, bonds and fixed deposits, some prefer to make investments by buying foreign currencies. Buying dinar is becoming a very common mode of investment for many people. It is true that if you buy dinar now and look for returns in the near future, you might be disappointed.


Dinars do not have every high valuation in the international market now. This is mainly due to the dilapidated condition of the Iraq economy. The country has undergone many ups and downs in the recent past and its economy has still not recovered from the effects of the same. Therefore only if you are looking for long term investments and returns should you buy dinar. Buying dinar for quick returns will not help in any way.


Before you plan to buy dinar for dinar investment, there are several factors that you should be careful about. First and foremost is the place of buying dinar. The best source of purchasing dinars is through online. Do a thorough search on the internet and search for websites that deal with buying and selling of dinars. You will be presented with innumerable websites of this kind. However, all of them are not genuine and authentic and you have to look for the best website from where you can buy dinar without any fear of fraud or scam. Another important thing that is to be considered while buying dinar is that it cannot be bought directly. You have to take help from an online dinar dealer to be able to purchase dinars. For that, an authentic and reliable dinar dealer has to be sought who can offer the buyer the best rates and guide him accordingly in buying the foreign currency.


A little study about dinars also helps when you are planning to buy dinar for making a dinar investment. This will help you in understanding the genuineness and authenticity of the currency and help in buying dinar that is genuine. The study will let you know about the various anti-counterfeit features that are there in the various dinar notes, particularly in the high denomination notes. On delivery of the notes, you can check if the notes are authentic or not. In case there are any problems, you must get in touch with the online dealer at once and tell him about the problem. Posted by Forex Growth Bot .

Wednesday 25 January 2012

Get rid of the penny

Over the years I have made some very good investments and some poorly chosen ones.  Those that were poorly chosen were mostly small cost risky investments where my losses were not significant.


Our government doesn't seem to understand the difference between the word spending and the word investing.  Generally speaking, when you spend you do so to purchase some goods or services, or make an expenditure to create some lasting good.


Normally when we invest we expect a return of an amount greater than the investment.  Obviously the government doesn't follow in that expectation.  A recent program on 60 Minutes showed how the penny was made.  The tour guide said that they make several million pennies per day.  According to Wikipedia, as of 2010, it cost the U.S. Mint 1.79 cents to make a cent because of the cost of materials and production.  They do not, however, make any reference to how much it costs to maintain the presses, how much it costs for the worker's retirement program, health insurance, building heating and cooling or any other miscellaneous expenditures.  They also did not include the cost of packaging, handling and shipping.  The return on the 1.79 cent investment is 1 cent.


Now, I ask you, would you be willing to take a continuous loss of more than 55.8%?  According to the mint they produce several million per day.  For the sake of this discussion, let us say that several means 3.  3 million pennies cost $53700.00 to produce and the government gets $30,000.00 in return.  That is a loss of $23000.00 per day.  That is an $8,395,000 loss on an investment of $19,600,500.   If any major corporation did that, they would be bankrupt and probably draw a congressional investigation into their corporate practices.


I don't know about you, but I am a businessman and if I made those kind of investments I would have to close my business and go to work for someone else.


The most profitable coin the government makes is the Sacagawea dollar.  The government announced that they were going to quit producing them.  A dollar bill will last about 18 to 22 months (according to the US Treasury Department).   A dollar coin, on the other hand is expected to last an average of 30 years.


Do you think that there is a motive at play here?  Maybe there is a threat to some government jobs if something they make lasts more than 16 times as long as the other product.   We all need to become suspicious of any organization that looses money on purpose. Posted by Forex Growth Bot .

Tuesday 24 January 2012

Basics of Online Forex Trading

The exchange of currency is known as foreign exchange trading and basically it is called as Forex. It is not depend upon any type of currency. You can trade according to your requirement and daily basis. The most commonly used currencies are as follows: USD/JPY, EUR/USD, GBP/USD and many more.


Now a days the trained of forex trading is growing day by day. A survey says that the volume of Forex trading is exceeding over 4 trillion USD. The forex markets are available 24/5 as almost all the banks perform forex operations at any time. It is open in day as well as night. Now the trained of online forex Trading is stable as it is growing day by day. Lets take an example that will give the best idea to understand it. If you have American dollars and you are in need to buy some British Pound, then the process of exchanging the currency (depends upon market rate) is known as trading. It also applies for your selling purpose.


The main motto of Forex trading is to help in trade and obviously in earning lot of money. The method of forex is very simple if you have done the market research before going for the trade. The problem came in existence with those people who do not research and directly jump into market for trading. This is the main reason for losing the money and the majority of such type of people is very high. Before going for trading you need to know that how the Forex work. You need to find all the basic before getting start. The benefit for internet survey is, one can do online forex trading anytime and anywhere with the help of internet connection.


For online trading you simply need to sign up with a broker account. After you get your registration completed, you have to deposit of the margin amount. The margin amount is the amount for your start of trading. As we all know that it is a risky business that why we need to go with demo account so that we can be familiar with such type of activities and gives the best when going for real money. You can use your demo account in various ways. You can also practice and trade with your virtual money provided in your demo account. You need to keep all the records of your virtual trading account so that it can help you in making strategy. It will reduce your chances in loosing.


You can take help of brokers as they are familiar to know the market trends and can easily give you strategies which should be very useful. Sometimes the tools provided by the broker may be differ from one broker site to another site but there are various this which can be common on all the sites like news feeds analyses and many more. You need to concentrate on current happening which is the best part of Forex market. Posted by Forex Growth Bot .

Monday 23 January 2012

Exchanging EURUSD, Four Essential Pros and also the Disadvantage of Trading EURUSD

The Euro is the second most used currency behind the dollar.It is used by the 16 countries that comprise the Euro zone.Consequently we cannot undermine the fact that the EURUSD is the most traded currency pair and also the most important.It is so important that the movements of the EURUSD often give a direct indication of what is presently going on in the world of finance.It is great for those new to FOREX as it moves at a sluggish pace compared to the other majors.It moves in an opposite direction to the USDCHF but in the same direction with the GBPUSD.


Basic Features to Know when trading EURUSD


1. It typically has a Bid-Ask spread ranging from 1 to 3 pips.


2. Average daily range of the pair is 90-100 pips


3. The most advisable time of dealing the pair is throughout the Euro session i.e. between 8 GMT and 17 GMT.


Most Important Factors that affect the quote of the EURUSD pair.


1. When trading the EURUSD the most important factor you should know that affects the quote of the pair is the difference in interest rates between the FED and the ECB.


2. A strong dollar also makes the quote of the pair to fall.


3. Primary activities by the FED affect the USD therefore influence the pair directly.


Advantages of trading the EURUSD


1. The most significant reason and greatest pro of trading the EURUSD is because it has a very high liquidity.


2. Being a combination of the two most traded currencies in the USD and the EUR, the EURUSD is the most densely traded currency pair and who wouldn't want to go where everyone goes?


3. The conclusion from the reasons stated above imply the EURUSD has very small Bid-Ask spreads. Bottom fact: you can make a lot of money with the EURUSD but pay minimum commissions and spreads.


4. It moves in an opposite direction to the USDCHF but in the same direction with the GBPUSD.This implies actions of the other major pairs can be used as part of your technical analysis.


Con of trading EURUSD


It is difficult to imagine such a liquid pair with such tight spreads having a trading con.But yes! The EURUSD indeed has one. Volatility.The EURUSD is a very risky pair. Its volatility comes because it is affected by almost any international event in the world and at any given time it may make unwarranted moves.This high instability means the EURUSD is riskier in relation to other less volatile currencies.


Conclusion


The realization is if you have a good grasp of both your fundamental and technical analysis then the EURUSD is for you.If you have a deficiency in any one of this domains the EURUSD will frustrate you because of its riskiness and its tendency to range. Posted by Forex Growth Bot .

Sunday 22 January 2012

Technical Innovation in Forex Hosting Features

Many leading Hosting organizations providing Forex VPS and dedicated hosting services, today announced the availability of
Forex Virtual Private Server plans designed specifically for the speed and reliability demanded by Forex traders using
MetaTrader platforms (MT) and Expert Advisor (EA).


These Forex VPS plans include Dual Quad core machine, 64 GB RAM with Raid-5 array sets for HDD protection for the consumer.


These high-powered nodes are perfectly designed for today of tech-savvy Forex traders, who has access to these machines on
distance from their homes or offices, 24 hours a day, 365 days per year.


When executing a trade-either manually or via automated Expert Advisor (EA) programs-it is transmitted via the provider's
Tier 1 network, who has fast, direct and low-latency connections to places all over the world. FX-segment is an emerging
market with a predicted trading volume of up to $ 50 billion per day. They have partnered with optimum Forex Hosting and
Forex banks for trade with minimal latency (1-2 ms).
Some of the innovative features are:


• MT4 only no desktop, viruses, spyware and malware.


• Restart the VM 24 X 7 with automatic VPS monitoring system. 99.99% uptime.


• Automated install MT4 – broker selection from a drop-down menu.


• Automated installation-premium EA and updates-including an updated file set.


• Free simplified premium EA-Forex Auto Expert (FAE).


Forex Hosting is much faster, and way of it is more reliable.  Forex Hosting solution gives traders the flexibility,
security and reliability they actually need with a computer dedicated 100% time to their trading business which never shuts
down.  So if you are working into an automated trading or doing trading manually, you have the virtual private servers
available always for your purpose, even you can access it easily with a access security anywhere from any computer.
According to a forex, it is recommended that you should try out a Forex VPS if you want to look your trading business to the
next higher level. Then surely you will see an immediate difference in the trades you make, your entry and exit points will
get much sharper than previous. This can often be a difference of a winning trade and also bigger winning trade.


Dealing with efficient Forex Hosting Brokers is considered to be a wise move because this allows your funds to be
continuously profitable. When looking for the most excellent broker, you have to find that who has the ability to be
informative. This is considered to be the hallmark of a good quality broker. Try to find a Brokers Forex who is highly
educated in the field so you can start familiarizing yourself about the whole foreign exchange trading process through his
help. The broker should also be resourceful enough to ensure that both of you can start seeking for solutions at any time
you are bugged with confusion. He must also be capable of providing you with useful and essential information whenever you
need it.


Posted by Forex Growth Bot .

Saturday 21 January 2012

Forex brokers with low or no slippage

If you find yourself wondering what a forex slippage means, you are essentially infering to the disparity between the market price the moment you placed your order and also price that the order gained filled. This is constant feature of foreign currency exchange market and slippage is quite a problem and something you have to know about. While the Forex is a seriously liquid market and perhaps among the most fluid markets in the planet, it is also prone that will slippage. Now when talking related to other market, no stock, no future or no option contains a set price, but it as two rapidly changing prices which have been known as the bid and also ask price.


Slippage in forex occurs whenever you place some trade in foreign currency exchange market, but your current broker simply cannot fulfill any quote with they price tag you wanted. Read more about forex requotes. For instance should you wanted to order the EUR/USD on an ask of just one. 4567, but rather the amount filled within 1. 4569 you actually experienced a new slippage with 2 pips. This will almost certainly affect your gain 2 pips profit or drop. Now sometimes you will request a particular order located at 1. 4567 and you will then get any "re-quote" which means that your order would not go through while they can't deliver that price tag anymore. Generally they should offer typically the 1. 4569 and get in order for you to commence. This can certainly be frustrating, because you can aquire multiple requites before you get a powerful order by way of.


Do forex brokers with low slippage exist?


Things that you can do. First most software products have important things called "bounds" or possibly "ranges." Therefore you may well select what amount slippage you are prepared to accept. Such instances are usually not the case with reputable forex broker such as SunbirdFx. If you actually accept various 3 pips, therefore if you planned to buy in an ask of just one. 4500 although the quote would go to 1. 4503 you're entered to the trade located at that price because you allowed the theifs to slip an individual 3 pips. When you are unwilling for you to tolerate slippage you'll be able to set your bounds for you to 0 and you'll get the requote and can also decide that will proceed.


It is very important when deciding on a forex brokerage service, to make a firm decision your favorite trading tactic. What does a person mean by way of this? I find forex correlated questions asked everyday and the top part forex question should be "What forex trading software/bot/auto trader might most likely make me the best money? inch.


Curiously more than enough this concern generally hails from would-be currency trading traders who may have never exchanged before... newcomer traders!


This is certainly trading committing suicide, if you have got the perception that one could just plug-in a guru advisor/ea within MT4 (Metatrader contemplate) or even just MT5 (Metatrader 5) and even overnight you may be a currency trading millionaire. My information to these types of questions is definitely try manual foreign currency trading first.


Which Forex Broker offers the Lowest Slippage?


It's straightforward and there's no need to be your stock adviser, a fiscal whiz children or on a financial basis knowledgeable. SunbirdFx forex broker has proven time and time again that they offer the lowest forex slippage in the industry. Go and go with a forex brokerage service and operate manually for a little bit, just look at the charts while the currency exchange pairs charts have reached their smallest point, amenable a "buy" buy and sell, when your chart will increase up, a person's "buy" buy and sell will make profit. Once a chart is at the summit open a whole new forex trade to provide a "sell" and even yes, you may have guessed the idea, when your chart occurs, you might receive profit on the forex operate.


Don't fail to remember to close up your trades for those who have enough gain and a top point is needn't be greedy! Marketing and advertising to commerce multiple foreign currency lots along with make a small amount of income, than hold on for a huge profit trade which often can turn the additional way plus wipe one out. Posted by Forex Growth Bot .

Friday 20 January 2012

Money changing Tips When You Travel

Travelling to a foreign country can be a great experience even if it was originally for business; you will get to know new culture, see different people, eat different food, and change your overall mood. However, to get the best of this experience, you need to have basic knowledge about the financial atmosphere of the country you are visiting.


First of all search for the currency used there and this can be easily done online. It is recommended that you leave home with at least some of the foreign currency that is enough for taxi, meal, and any other thing you might like and want to buy in the way.  Online currency converters will use different exchange rates that are updated daily according to the current price of your and the foreign currency and then, they will tell you how much your money worth in terms of the foreign currency.


This might seem complicated, however, when you go to online currency converter all you will do is enter the amount of money you will have during the journey, select your currency, and select the other country currency. Once you submit all these information and press enter, the website will provide you with the value of your money. Just keep in mind that the currency converter will use exchange rate only without including any fees charged from the bank or the currency converting agency.


Hotels and large hyper malls might accept dollars from you but it is preferable to convert about $100 before leaving home. Once you reach the foreign country, you can head to the bank or agency to change the remaining amount of money with you. Some hotels and individuals can offer this service for you but the exchange rate won't be favorable, so do it only in case you are in a bad need of money.


ATM's that support MasterCard and Visa will allow you to withdraw different currencies but there may be different charges, so ask about the fees before leaving home. If you have 5 digits PIN, change it before travelling to 4 digits PIN only.


Whatever the method you will use for changing your money, don't walk around with big amounts of cash and always be careful when you withdraw money from ATM's. Thieves are everywhere and you don't want to ruin your trip with such bad experience. Take some foreign currency back home as a souvenir  and remember to have as much fun as you can even if it was a business trip.


Posted by Forex Growth Bot .

Thursday 19 January 2012

Buy Iraqi dinars with a hope of getting huge returns in future

There is no person in the world who would not be interested in making investments for the future and get grand returns from the same. There are plenty of investment plans open for people. The various insurance companies, the financial companies and even the banks are ready to assist the customers to make investments for their future. However, if you are the one who likes to think differently from others and is a little adventurous as well, you can choose various other kinds of investment plans for yourself. You can buy Iraqi currency for investment. However, if you buy Iraqi dinars now and expect quick returns, that might not be possible. But over the period good returns can be expected for sure.


If you plan to buy Iraqi currency for sure, then you must start preparing yourself for the same from quite in advance. A good amount of research and study should be done regarding this currency before any decision is made regarding purchasing the currency. You can refer to the various websites on the internet to find out more about Iraq currency and its various attributes.


Before you plan to buy Iraq dinars, be sure that the investment in the same can be for a really long period of time to get some substantial returns. In the present economic situation of Iraq the currency of the country has almost no valuation in the market. But experts believe that with the stability of the country's political situations, there will be economical and social stability as well. Therefore planning of the investment is really an important factor that should be kept in mind.


Another perturbing thing that you will face if you buy Iraqi currency is that you have to take the help of an online dinar dealer. You cannot buy the currency all by yourself. Now, the reliability and authenticity of the online dinar dealer is a big thing that has to be taken into consideration. There are many fraud dealers on the internet as well who can ruin your entire investment. But if you have a little know-how about the currency, it will be easier for you to be safe from such frauds.


Also try and know about the various anti-counterfeit features when you decide to buy Iraqi dinars. This is particularly applicable when you are planning to buy large denomination dinar notes like 10000 dinar notes or 25000 notes for investments. Posted by Forex Growth Bot .

Wednesday 18 January 2012

Information Regarding Buying Foreign Currency and Buy Iraq Money

Generally, people go for Buying Foreign Currency only when they have to go abroad. This is so because when you go to another place or country you will have to use the currency used by them for any transaction and in case some currency is left over you can convert it back to your country's currency when you return. But people do not understand that they can earn huge profits by exchanging foreign currency because there are changes in the value of foreign currencies.


But trading foreign currency is not easy because getting into the foreign exchange market and determining which foreign currencies to buy is quite tricky. First, you have to decide how much amount you want to invest and then predict about what are the trends in the market. Predicting trends for Buying Foreign Currency is a really difficult job if you do it yourself. It is advisable to take help from experts. However, due to several developments and advancements in technology there are software programs available in the market which can help you in analyzing and predicting trends and make everything very simple for you. With such software programs in your hand there is no need for expert advice.


It is a well known fact that people can earn huge amounts of profits by trading in currency. However, the most lucrative investment in the market today is investment in Iraqi Dinar because financial experts and financial analysts have opined that the value of Dinar will rise to a great extent in future. Therefore, if you buy Iraq money then you will be able to receive large sums of money. But before investing in Iraqi Dinar it is advisable to gather all relevant information regarding investing in Dinar. Although, investment in Dinar seems to a lucrative opportunity but there are certain risks involved which you must be aware of. Therefore, it is better to seek help from financial experts because they will be able to guide you properly.


Being a common man you may not know that the market is full of fake money and you can be cheated at any point of time. Thus, it is necessary to find a reputed and reliable Dinar dealer if you want to Buy Iraq Money but make sure he is trustworthy. In order to know that he is trustworthy you must check his certificates of authentication.


In this way you can involve in buying foreign currency and Buy Iraq Money to earn huge profits. Posted by Forex Growth Bot .

Tuesday 17 January 2012

Earn profits by trading 25000 Iraqi dinars in currency market

Earning some extra money apart from the money that you earn from your job feels great. This is the reason for the popularity of lotteries and casino games. But there are other fool proof ways of earning some extra money too, by investing in the currency market. Buying Iraqi dinars with the currency of some country and selling it off against the currency of some other country is a good profit earning way that has gained popularity with time.


The difference between the buying price with one currency and selling price with another currency is your profit. The ease and the safety of the whole process is what attract new as well as experienced traders to invest in Iraqi dinars.


A good way to earn some easy money indeed, nevertheless while dealing in the currency market, even with a safe currency option like Iraqi dinar, you need to be careful and know the tricks of the trade thoroughly. Especially when buying big currency notes like 25000 Iraqi dinar or 10000 Iraqi dinars, you need to be extra careful so as to avoid being taken for a ride by fraudsters. The best way to way to stay safe is through information. Before getting in to trading with big notes like 25000 dinar or 10000 dinar, start with smaller amounts and practice trading in currency markets.


Once you are well aware of the tricks of the trade, you can start trading with big amounts of 25000 Iraqi dinar. All this caution is for the reason that trading in currency market does not happen over the counter i.e. there is no physical exchange of money with any person. This whole process is carried out with the help of phones, faxes and emails, virtually. Hence the chances of getting tricked especially with amounts like 25000 dinar are high.


If you are an experienced trader in the currency market you should try your hands at trading 25000 Iraqi dinar at least once to understand the amount of profit you can earn. There is of course risk involved but with dinars, even 25000 dinar, the risk is well worth taking. Iraqi dinar in general is not a valuable currency but it has taken the currency market by storm due to its valuable contribution in trading. You too can take advantage of this valuable contribution to earn some profits by trading 25000 Iraqi dinar in the currency market. Posted by Forex Growth Bot .

Monday 16 January 2012

Currency Trading, How it works!

Life on Earth has always revolved around the exchange of goods and services between its inhabitants. The barter system that existed during pre-historic times has evolved over time into an intricate balance between demand and supply that is serviced by furnishing of currency. With each region or country having its own dominant currency, there has been a need for some common denomination; a middle-ground of agreement of sorts. It is the key to continuing with trade relations and other international supply chain demands. In-fact, without foreign exchange, the global economy would simply freeze. This is also true in the case of individuals. All those who embark on international travel, first have to purchase the international currency, by paying for it with their home currency.


In the past, only a few, select entities were authorized to deal in foreign currency or forex. These entities often included transnational business enterprises, banking and non-banking financial institutions like hedge funds (for example). Individuals were only permitted, if there were significantly well endowed in the wealth department and had considerable clout. However, technological advances, especially the rise in computing power and the increasing spread of the internet, have since revolutionized the scenario completely. People looking to participate in currency trading, merely have to log on to the web and they would have real-time information on forex at their fingertips. Thus, the purchase and sale of currencies can now be completed in just a few clicks of the mouse, without stepping out of one's home or office.


Daily fluctuations or variations in the currency values of the top five to eight currencies that are traded globally, do not vary beyond 1%. As a result, the online forex trading system operates on margins to generate its revenues. The forex market is also not bound by geographical boundaries and is characterized by rapid, simultaneous transactions. The availability of leverage and massive size of the market and the ease of making fast transactions has increased the popularity of the forex trading market over the regular equities and even the futures markets.


While the forex market is indeed open to all, one would still have to spend time and take the effort to understand the basics of operation. A great way to do this is by registering with a reputed online trading company in the UAE and learning how stuff works. ICM Dubai is a leading name that offers services for currency trading in the Middle East.


To know more about the various advantages that you could avail of at ICM Dubai, do visit: icmcapital.co.uk. Posted by Forex Growth Bot .

Sunday 15 January 2012

Take your first step in Indian stock market

If you are a green horn looking for some investment tips and advice, then good news for you is that genuinely good investment advice is available. Share market experts who seek to expand their base of customers are now offering stock investment advice to customers who wish to learn more about stocks and shares. Learning India stock market tricks and tips is not an uphill task. It just needs a bit of wisdom and foresightedness to make a good income from stock market. Almost all the stock investors, even those who are now running major stock firms started as minor investors and gradually grew to become major stock players. Not everyone can become a major stock player but almost anyone can earn a decent monthly income from indian share market.


A major bulk of Indian stock market trading is done at Bombay Stock Exchange (bseindia) and National Stock Exchange (nseindia). The top 50 national companies are listed in NSE and is also known as NIFTY 50. Companies found on Nseindia listings are on BSE listings too. The share prices of a company on both the exchanges are almost same. For example, if you want to check reliance share price on NSE and bseindia, you will find both of them to be almost same. Buying/Selling procedure on BSE and nse india is same. You can buy/sell stocks on the same day, or you can choose buy/sell at sometime later. What is intraday? Intraday refers to the practice of buying and selling the stocks on the same day. Interday trading refers to buying/selling with deliberation. Stock advisors offer investments services for both types of trading.


Intraday trading means that you seek to buy and sell a stock on the same day with a view of earning profit on the same day. If you are interested in Intraday trading you can subscribe to stock advisor's intraday services. Under this stock and shares service, you will get daily calls having specific inputs about which shares to buy. You can act on these calls, and buy the shares and then sell them before the closing. The inputs come with service level guarantees (SLGs) with an accuracy rate of 80 to 90%. Customers can make a profit of 2 to 5% n each call. Stock investment advisors also offer interday services. Under these stock and shares services customer can avail daily or weekly calls. (For example, you can get a call/message suggesting you to buy Reliance along with reliance share price.) There are jackpot calls that help customers get input about companies that can be major profit earners. Satisfied clients can take advantages of package deals under which they can subscribe for the share market services on quarterly, half yearly, and yearly basis.


Stock investment advisors offer quality information on their websites about different aspects of indian share market. This information is useful to anybody who wants to learn more about the stocks and shares. The section of FAQs has some of the frequently asked question (such as what is intraday, etc.) about the stocks. A glossary of terms is available to let the customers know about the technical terms. Some reputed websites also offer video tutorials. These tutorials are very informative and customers can learn a lot from them.


Posted by Forex Growth Bot .

Saturday 14 January 2012

3 Method to Trade with Volume

Volume is one of the most interesting trading indicators in Forex. It can be used to enhance the quality of your trades, and also to filter them from fakeouts. In this article you will learn how to use trading volume to your advantage when trading Forex.


The first method you can use volume is to confirm your trades. As a general rule of thumb, volume trend should match the trend of price. So, if price is trending up and volume is trending up as well it is a sign that the trend is strong and market confirms the trend. If, however, price trends up and the volume is not trending upwards (flat or down), it is a sign that the trend is in fact weak and prone to reverse. You should avoid trading trades like this.


The 2nd method you can use volume to trade is to predict breakouts. If you see price coming close to a strong support\resistance level and you see that the volume is rising towards the level, it may be a sign that price trend is strong and about to break through this level, so you can prepare with the appropriate buy\sell orders and capitalize on this move. This is a particularly profitable trading method in high-volatility trading pairs like GBP\JPY.


The 3rd method you can use volume is for predicting reversals. For example, if price is coming close to a strong support\resistance level and the volume is trending down, this is a sign that the trend is weak and price will reverse when it touches this level, so you can prepare and take early action when price touches this level, and not wait for confirmation. This is a method that should be used only by professional traders as it has some risk to it and you need to have a good marketing touch.


It is worth mentioning that all these trading methods are not restricted to Forex alone, but work on any stock and commodity. They will even work better, as the volume in Forex is not centralized like in stocks so it is much less accurate than, for example, volume at a certain stock which is handled only at one broker.


In conclusion, trading volume can be a very helpful addition to your trading arsenal and can highly improve your win rate and your general profitability. It is highly recommended that you learn to master the trading methods with volume, to ensure your long term survival and profitability in the markets. Posted by Forex Growth Bot .

Friday 13 January 2012

Currency Rates and the factors that influence them

The primary role of currency is to facilitate the exchange of goods and services between two entities. It is the medium that allows economies and regions to grow and prosper. Currencies are usually regulated by the native country to which they belong. The local government is the sole authority that is permitted to issue or restrict the use of currency. However, a particular currency is usually valid only for those transactions that are made within the geographical borders of its host country.


When the trade involves the purchase of goods and services from another country, payment is usually accepted only in the latter currency. This is where the term, currency exchange or foreign exchange originates.  Thus, international trade and in turn, the global economy, is heavily dependent, on foreign exchange (forex). For example, When North American manufacturers need to source their raw materials from China, they need to pay their Chinese suppliers in the local currency i.e Yuan.


Thus, if the said transaction is to be complete, an exchange of US Dollars for Chinese Yuan has to occur, somewhere during the purchase process. The Forex Rate is usually expressed in terms of one currency versus the other; i.e. USD/Yuan for example. Currency rates are always in pairs, thus, 1000 USD would be equivalent to 6348 Yuan approximately, as per the prevailing exchange rate.


One of the singular most influential elements that can affect any currency is the government of the country to which the currency belongs to. This is because a government usually tends to have a monopoly over the supply of currency, which in turn can dictate the economic outcome of a country. While over-regulation and high taxes will drive businesses away, a liberal stance usually welcomes investments that cause an economy to flourish.


Industrialization and trade are two other factors that can determine the health of a currency. It has been universally observed, that countries with a high export ratio tend to have currencies that are stronger than those whose countries have an import driven economy. A stable political climate too can have a direct bearing on the value of a currency, and those that are governed by self-styled political forces, usually have a weak currency. Also, if the debt of a nation starts to spiral out of control, the currency often gets devalued rapidly. If this is not corrected through various intervention procedures, things can get out of hand and the economy could even collapse.


The proliferation of the World Wide Web, has led to an explosion in the demand for foreign exchange. It is no longer the sole purview of governments and large multinational corporations. Forex trading has caught on in a big way and individuals and forex brokers alike are flocking to it in droves. A prime example of this phenomenon can be seen in the growing popularity of currency trading in the Middle East. There are many companies that offer currency trading services in the UAE.  ICM Dubai, the local arm of ICM UK, is a leading operator among the online trading companies in the UAE.


To learn more about how they can be your trusted partner in your wealth growth plans, do visit: icmcapital.co.uk. Posted by Forex Growth Bot .

Thursday 12 January 2012

Initiate yourself to the Indian Stock Market

India has registered a strong and consistent economic growth in last two years. Because of a sustained growth of economy, the per capita income has improved. People now have more disposable income in their hands. Many people choose to save their incomes in saving or fixed deposits. A better option will be to invest a part of the incomes in stock market that offers higher returns. Indian share market has an image of being a risky play field but with smart choices and playing within the safety margin, the risks factor can almost be brought down to zero. Experienced indian market stock brokers and advisors are now offering expert advice to help first time investors learn the tip and tricks of making profit in the stock market.


How can investors benefit from indian market stock advice? Trading on stock market becomes easy if you understand the basic principles that are involved behind the working of Indian share market. These principles will come almost intuitively to you if you practice enough. Stock advisors help you go through the starting phase so that you are initiated to the market. You will feel more confident about yourself as you start learning the tricks of the stock market slowly and steadily. (May be after a period of time you would like to go on independently.) Stock advisors offer two types of services – free and paid services. Frees services can be accessed through the stock advisor's website. These services include latest information about the stock market, performances of World stock market, some of key companies to look for, and general information about the share market india. What types of paid services are offered?


Paid services for Indian market stock exchanges include specific buy/sell advice about particular stocks. The advice comes with service level guarantees (SLGs) that ensure that investors who act on the advice can make a guaranteed profit up to the margin as specified in SLG. Some of these services include Nifty Futures Intraday, Nifty & Stock options, Stocks Intraday, Hot delivery calls, Jackpot calls, etc. Subscribers to the paid services get call daily/weekly stock investment calls. These calls have information about the companies whose share is expected to rise or fall.


Customers are also intimated through SMSs. Customer who have subscribed for the intraday services get daily calls. These calls come up with a higher accuracy margin. Stock market india jackpot calls are made in context of companies that can reap maximum dividends. These are basically weekly calls with a accuracy percentage of 90% and more. Customers can also subscribe for quarterly, six monthly and annual subscriptions. These subscriptions ensure that customers can get the services at regular basis at cheaper rates.


Stock advisors do not just provide buying/selling service but they also seek to educate an investor about the different aspects of share market india. These services are available free. Interested investors can go on the website and go through the FAQs and other information that is available for indian market. Some good sites also offer video tutorials that help investors learn better about the stock market. Posted by Forex Growth Bot .

Wednesday 11 January 2012

Benefits Of Trading The Forex Market

Forex is a short form of Foreign Exchange.This is a market to trade currencies.It is the most liquid market in the world which is open round the clock. This is one market which literally doesn't sleep.The benefits of trading Forex market are many. Forex trading is one of the easiest to begin with. You can start trading real time with as low as USD 100. You can start by trading small and start learning about Forex trading. One can also start trading with the aid of a simulator. However, simulator trading might not benefit in the long run. Forex trading allows you to trade multiple instruments which are basically currency pairs. Generally a Forex trade will consist of a standard currency pair in which you are buying one currency and selling (giving) another currency.


Options of currency pairs are innumerable. Another advantage of Forex trading is that the market is highly liquid. This allows the trader to actively believe in the current price. Unlike many other illiquid markets, the Forex market has participants ranging from large Fund houses, banks, Governments, Retail/Individual investors. Benefits also include availability of multiple platforms to trade. With large number of platforms for the trader, to choose from, the charges become competitive. Hence the transaction costs in the Forex market are reasonable. The software/platform comes with a range of charting tools which are user friendly. Most of the platforms come with a demo which helps the trader to test and helps avoid costly mistakes.


Forex market is a widely followed one. It is believed that the macroeconomic effects are first felt by the Forex market before any other asset class. Hence trading the forex market enhances the Macroeconomic understanding of the individual. Also the currency market serves as a diversification option for many investors. The investors are able to hold their wealth in multiple currencies. This is beneficial when the home currency weakens. The trader can then exchange the forex for his home currency and realize handsome returns. Another benefit of forex trades is that the duration of the trades can be very low and offer a trader to benefit from his decisions very quickly. However, the risk of a loss is also immediate. Technical Analysis is also very helpful in trading forex market. This is because many traders use various technical indicators like Moving Average, Pivot Chart, Fibonacci etc. These indicators work as a self-fulfilling prophecy. A trader can see the success of many technical indicators on the Forex market.


Large research is being done on the forex market. It is possible to obtain research reports at reasonable costs if a person is an active trader. Also, most of the import-export data which is published helps form a long-term view of a currency. The forex market is affected by a variety of fundamental factors, with the trade flows being the most obvious one which affects it. The economic news has a very quick impact on Forex market. It is possible to trade the Forex market with subscription to a faster real-time news service. Forex trading allows almost anyone to trade from anywhere on the planet and hence can be a good market to trade as a part-time profession as well. Posted by Forex Growth Bot .

Tuesday 10 January 2012

Forex Indicators, Oscillators

Although currency prices in the Forex market may be volatile, they generally repeat themselves in cycles, creating trends. The trends can be analyzed by traders using technical tools. Oscillators are considered leading indicators and typically turn before price reversals. They are primarily used in lateral price movement.


Forex Indicators- Oscillators


Oscillators are considered leading indicators and typically turn before price reversals. They are primarily used in lateral price movement. However, if we get into the market situation, where the instrument trends, the oscillator still gives us signals to sell or to buy, but most of them are false. The group of oscillators includes Stochastic, RSI, Momentum, Williams' Percent Range, Rate of Change, Commodity Channel Index and Bollinger Bands.


Relative Strength Index (RSI)


W. Wilder is the author of the popular RSI indicator and he introduced other popular indicators in business practices, such as Directional Movement Concept, True Range or Volatility Index and the Parabolic Stop and Reverse. RSI is included in all software products intended for technical analysis, and everyone, even the simplest charting tool on the Internet can provide it. Oscillators are derived from the underlying currency to provide signals regarding overbought and oversold conditions. Since the market fluctuates, prices tend to overshoot or overextend. The most common oscillators are described below.


Calculation of RSI indicator


Relative Strength Indicator is used to measure the strength or momentum of a currency pair. This indicator is calculated by comparing a currency pair's current performance against its past performance. To calculate a single indicator we need only one variable, and that is the period which we will use for the calculation. Period is again meant last lines on the chart. Period 14 will therefore use the 5 minute charts, RSI values will be calculated on the basis of the last 14 five-minute segments, period 14 in the daily chart will the RSI values calculate on the basis of the last two trading days. The formula for calculating the RSI indicator is as follows:


RSI = 100 - 100 / (1 + RS) RS = (average number of lines that conclude higher than the previous segment) / (average number of lines that entered below the last segment)


If we wanted to get the current value of the RSI with a period, say 14, then we would have to proceed as follows:


1. Count how many of the last 14 lines have the close value above the previous close lines. Then we have to divide this number by the number fourteen.


2. Count how many of the last 14 lines have the close value below the previous close lines. Then we have to divide this number by the number fourteen.


3. Divide the value from the bullet no. 1 by the value of value of the bullet no. 2, thus we will obtain the value of RS.


4. Count the current RSI as 100 - 100 / (1 + RS). As a result we obtain a value between 0-100.


How to Trade Forex with the RSI Indicator


There are many ways how to use a RSI indicator. The basic way of buying is when the RSI curve exceeds 20 upward or sell when the RSI curve exceeds 80 downwards (some traders use values between 30 and 70).


An RSI above 70 indicates an overbought condition, which in turn indicates a sell signal. An RSI below 30 represents an oversold condition, which implies a buy signal. Moreover, a sell signal is indicated when the market price is high and the RSI value begins declining. Conversely, a buy signal is indicated when market price is low and the RSI value begins to rise. Posted by Forex Growth Bot .

Monday 9 January 2012

The Basics Of Trading In Forex

Trading in forex is not for everybody. It has been known for those who are less disciplined to have lost massive amounts of wealth in the wrong decisions. If you are planning on trading in forex, here are some of the few things you need to keep in mind. In order to make a profit of such a volatile market you need to understand the markets really well. You must be able to recognize trends and this can only come from hands-on experience. You know you are able to recognize the market when the fund allocation that you put up is not excessive and is not too risky.


It means you are able to take the time out to study the market and understand it. Create timelines for yourself. When you know what you are trading in, build a timeline for yourself. Determine how long you want to spend studying the market. Then look into how much you want to allocate and the kind of risk you are willing to take and for how long. You should also look into your short term and long term goals with such trading.


Many people choose to go through a broker in order to break into the forex market. Choosing the right broker, especially for a new comer is very important. Having someone who is inexperienced will only result in losses for yourself. You should make sure that you and your broker are on the same page. The amount of research that you put in has to be vetted by him or supplemented too. Look at the kind of software he is using for trading. Look at the software reviews online and check on whether that is the right move or not. Look at other clients that he may have and speak to them on his efficacy.


There are varying levels of accounts that one can choose from in forex trading. Get one that is on par with your level of knowledge and expertise. When you begin trading start with small sums of money and then work your way up. You will find that there are a number of accounts and that you brokers may bombard you with choices. One rule of thumb that you can keep in mind is that lower the leverage, the better it is for you. Dealing with forex trading needs time and dedication. Do not expect to break even in the first 10 transactions. You will have to be really lucky for that.


Posted by Forex Growth Bot .

Sunday 8 January 2012

Dinar investment might have huge returns in future

The modes and methods of investment are changing all over the world gradually. Buying foreign currency is a great way of saving for the future and the process is adopted by large numbers of people. In this regard dinar investment has gained immense popularity. Though the rates of dinars are very low at this time, chances are high that their valuation will surely increase and improve over the years.


This is one of the reasons that are driving people to go for dinar investment for their secured futures. However, at the present state of affairs, without a large investment with dinars, the guarantees of returns are very low. There are also several other factors that have to be kept under consideration while buying foreign currency of any sort. It is important to know a little about the currency of the country that you are buying to avoid any kind of fraud.


If you want to know more about foreign currencies of different countries before making a plunge into buying foreign currency, the internet is the best source of all. There are innumerable websites that deal with foreign currency and you can gather any kind of information from the websites. It is also good if you know about the various denominations of notes that are available and the various anti-counterfeit features that are there on the notes.


These features help you in identifying real notes from false notes and buying foreign currency becomes safer. All these things must also be kept in mind if you are planning dinar investment for the future. High denomination dinar notes have high chances of being false and fake and you must check each note before buying them for dinar investment. The anti-counterfeit features are quite prominent and it is very easy to identify real dinar notes.

In most of the cases, where you are buying foreign currency online, you cannot buy the currency on your own. You have to make the deal through an online currency dealer. Even for buying dinars for dinar investment, one has to seek assistance from an online dealer. However, make sure that the online dealer is an authentic one, otherwise you might be completely cheated and you will only know about it much later. There are various parameters through which the genuineness of the dealer can be decided. Check all of them before making a final deal with the online dealer for buying foreign currency or for dinar investment. Posted by Forex Growth Bot .

Saturday 7 January 2012

Deal Safely When You Buy Iraqi Dinar Online and Buy Iraqi Currency

As we all know that internet is the best tool for getting all kinds of information as well as facilities of education and business online. Well, many transactions take place online these days. People invest their hard earned money on various investment instruments to have a secured future. Many of them are investing money to Buy Iraqi Dinar Online. Although investment in Dinar is quite lucrative but there are chances of getting trapped in any kind of loss. So whenever you Buy Iraqi Currency online you have to be really careful.


It is true that with internet it has become really easy to Buy Iraqi Dinar Online but as we all know that everything has its positive as well as negative effects. There may be some risks involved in buying Dinar online. Therefore, when you Buy Iraqi Currency online it is very important to find a reliable and trustworthy dealer who can help you in getting the best deals. However, finding an authentic online dealer is really difficult because with the increase in investment in Dinar many fake Dinar dealers have cropped up who are involved in fraudulent activities and cheat people. Therefore, you must beware of fraud dealers when you Buy Iraqi Dinar Online or Buy Iraqi Currency online.


When you enter the website to Buy Iraqi Dinar Online you will highly impressed with the promises and get prompted to make the purchase but it is advisable not to get attracted to it because of promises. In fact you must try to find out whether the promises made in the website are true or not. In order to choose a correct Dinar dealer before you Buy Iraqi Currency it is essential to consider the following points:


1) To Buy Iraqi Dinar Online, you must try to find out whether the dealer is registered with U.S. Treasury Department and Better Business Bureau. This will help you to know if the dealer is genuine or not.


2) To Buy Iraqi Currency you must gather information regarding the dealer's incorporation with online brokerage firm or Limited Liability Company. This will assure you that the dealer is legitimate and genuine.


3) You must know the time period since the dealer is into this trade.


4) What payment method is being followed by the dealer?


5) Last but not the least you must examine the shipping policies followed by the dealer from whom you wish to Buy Iraqi Dinar Online or Buy Iraqi Currency. Posted by Forex Growth Bot .

Friday 6 January 2012

An Insight Into Forex

The term forex is an acronym that stands for foreign exchange and connotes the trading of currencies of different countries in the international market. The forex market is an extremely volatile arena and a decentralized institution. It rose as a result of the breakdown of the gold standard (an important unit of exchange) in the early 1970s because of its inflexibility.


The Forex market is made up of a list of participants that are essentially banks (central / commercial banks), governments, MNCs (multinational corporations), institutional investors and hedge fund. Private individuals like the common man also feature in the list.The trade of currency involves the buying of the currency of one country and selling another at the same time- the currencies are trades against each other. So it is always traded in pairs. The idea of forex trading is somewhat similar to that of buying stocks, shares, debentures, etc. The main objective of doing forex trading, which goes without saying, is to make money through the process.


The market is flooded with several forex brokers to help you deal with the buying and selling of currencies. They get their share / commission for rendering services and earns through the bid-ask spread method – the broker keeps the difference in price (between the ask price and bid price) for the currency that gets traded as a part of his compensation. Some of the renowned brokers are pfgbest forex, Citifxpro, Avafx etc.


The exchange rate plays a pivotal role in forex trading. The exchange rate of a particular currency against that of others reflects the condition of the country's economy if placed on a table of comparison with the other countries' economies and where it stands. This also means that the value of the certain currency is a strong indication of what the global market thinks of the country's economy (the currency belongs to), today and later on.


The forex market is a market that never sleeps, it remains open and transactions take place 24 hours 365 days a year- only the market in a particular region closes and the other one opens, and some markets are open simultaneously allowing dynamic foreign exchange to take place. It is greatly monitored by the news and events taking place worldwide which in turn affect the appreciation and depreciation of currencies around the world.The most traded currency is the US dollar which is denoted by USD and the three most important regions of the forex market are Australasia, Europe and North America. Posted by Forex Growth Bot .

Thursday 5 January 2012

The Charm of Easy Forex Reviews

For an amateur investor or forex trading entrepreneur, it is easy to understand why the clamour for forex trading reviews has reached such a high peak. However, for enthusiasts who have been outside of this privy circle or are completely new to the idea of investing in the industry, the charm of easy forex reviews in helping get the best revenue generation extracted from the industry is lost upon.


But if you are a forex trading investor who is truly interested in getting the right kind of revenue generation and a steep career path in the industry, the impact that the best forex broker reviews have on the profession cannot be ignored.


For those of you who are interested in enjoying the indirect or direct fruits of these reviews, it is best to scan through the primary benefits (or the charm) of easy forex reviews like eToro reviews, as listed below!


• Easy forex reviews like eToro reviews and the ilk can get you a basic concept of how to go about the forex trading industry and how to lay down your cards on the table! With over hundreds of reviews and encompassing a vast array of subjects, these online best forex broker reviews actually offer the basic premise or platform on which you can lean your ladder to the top against!


• The reason even veteran traders refer to easy forex reviews online is because they offer an easy and almost free way to stay updated on the latest trends from the industry. So while others pay hundreds of dollars to stay updated from books that are as fresh as last year's forex trends are, you get to enjoy the latest briefs from the middle of the forex grounds, and that too without the use of software apps or other similar technological dependencies.


• Easy forex reviews are just that – easy for amateur traders or investors to read and exact information from. While other veteran traders may use jargon or unnecessarily compromise simplicity for being there for too long in the heart of the industry, eToro reviews can offer a basic insight into the forex trading world in the most layman of terms as possible! This is a winning aspect in all respects – the veteran trader instantly knows what is being talked about and can add a piece here and there for the amateurs to learn better from, while the reviewer himself can moderate comments to enrich the eToro review further. If you were sceptical about the real-time nature of these best forex broker reviews, you wouldn't be after reading this!


• The final advantage of these easy forex reviews from the best forex brokers in town is that they allow you to know which forex trading programs are profitable and which ones are actually a waste of time and investment.


If you are a veteran trader, you should start writing off forex trading reviews too. And if you are an amateur investor, reading some of the best forex broker reviews will certainly help get you to the top – without the shenanigans of losses and bankruptcy!


Posted by Forex Growth Bot .

Wednesday 4 January 2012

What you must Know About Binary Options Trading

Binary options trading is one of the newer money-making opportunities on the net. The amount of websites offering this service has gone up in number. If you're keen on investing your dollars in the trade, you must first learn as much as you possibly can about this.


History of the Trade


Most people assume that binary options was discovered just recently. It is possible to think that this is the case given that the concept has only been formalized in the last few decades. However, it has been around for a thousand years. For the purposes of this discussion, however, we are going to discuss the modern practice which has its roots in the 1970s.


In 1973, the Chicago Board of Exchange (CBOE) and the Options Clearing Corporation (OCC) formalized the practice. Both of these institutions offered a regulated platform for options trading. The manner in which options are traded today are based on the paramenters put in place by the CBOE and OCC.


What is Binary Options Trading?


Binary options trading is a business enterprise where investors predict the outcome of a certain asset within a selected timeframe. It's called "binary" seeing as there are just two possible outcomes to the trade: either the price rises or drops. Traders forecast whether an asset will increase or decreases value as opposed to buying the specific asset. If a trader is correct, they will make a percentage of the initial investment. Depending on the options broker, an inaccurate guess will lead to holding onto a small amount of the initial investment, or nothing.


It is advisable to find out if the trade is conducted in European or American style prior to venturing into the practice. Although the terms are most often region specific, they aren't tied to a certain market.  The American style of trade is a bit more likely to pay out than its counterpart.


What are the risks and advantages?


Like any other business enterprise, this form of trade has its benefits and drawbacks. Investors must be cautious of the risks they take when entering this business. Be sure to trade just the money that you can afford. The market fluctuates so do not forget that even though the likelihood is small, you may lose everything. Don't invest money you do not have or cash that is earmarked for other interests such as retirement or your child's education. Be careful about this.


Even though there are risks to the trade, there's also several positive aspects. One advantage of the trade is simplified practice. Generally, trades are executed in three mouse clicks. Fast results is one other advantage of this investment option. Depending on your contract, you could determine your revenue within hours or days. There are risks, yes; but if you work with the right options broker, trading can be easy and intuitive. The help of the right broker will even ensure that you never lose your entire investment. That is why it is essential that you find the most skilled one.


Posted by Forex Growth Bot .

Tuesday 3 January 2012

What Are Dollar to Euro Anticipated Rates in 2012

The downgrade of America's AA rating, the deepening debt crisis in Europe and a global deterioration on the economic and financial front, has led major economic and financial experts to look again in their outlook on dollar to euro anticipated rates in 2012. Most of them strongly believe that the governing monetary policy in the Euro Zone which tightened in April will continue in the light till late February, 2012, at least.

This is important whether you're a forex trader or planning a vacation to Europe. Without doubt, dollar is the reserve currency of the world. It took just a financial emergency to show just how significant a reserve currency is. The economic slowdown saw investors panicking and taking their money out of the risky investments and putting them in less risky commodities.

Investors were seen buying the euro. Europe had superior interest rates and a dependable central banking system. The European Central Bank, which is the equivalent of the Federal Reserve, is reluctant to turn to the printing press and inflate the euro. But when a law is no longer goes well with the policy of a government, it can make amendments. This was seen in a very recent example 750-billion euro bail out for Greece, where ECB bought Greek government bonds and printed Euros to foot the bill. However, this will lead to an unavoidable inflation in Euro. The reality is that the bailout has been an utter failure.

One should not make any mistakes here. The uncertainties ware bound to continue and Europe will have to go through more in the coming years. 10% of GDP budget cuts will certify a long and painful recession in Ireland, Portugal, Greece and Italy. This alone could leave negative impact on Euro. Driven by continue concerns in the Eurozone, a soft patch has developed for the euro in recent months.

So, what are dollar to euro anticipated rates in 2012? This is important for any investor and where he should put his money. If we look behind, we will see the Euro peaking in 2008 and then plummeting down massively. But market experts believe it won't be long to see the Euro reaching equivalence with the dollar. With tax raises and budget cuts, it is almost a certainty that the E interest rates would be low in Euro Zone. That clearly means that the U.S. interest rates will catch up with European rates, sooner or later.

However, the inventor would still favor dollar over the euro, as they would get higher returns on their currency deposits. Thanks to the fallout from Europe's debt crisis, your dollar can still be stretched along way, if you go for a vacation there. Short the euro to reap big rewards over the next years if you are in investor.

RBS have warned of further weakening in euro exchange rate in 2012. The euro will reach equality with the dollar, sooner than we think. We are sure you have a fairly good idea now of what are dollar to euro anticipated rates in 2012.


Posted by Forex Growth Bot .

Monday 2 January 2012

Which Currency Would an Independent Scotland use?

Which Currency Would an Independent Scotland use?

The Scotsman newspaper has launched an online opinion poll asking which currency an independent Scotland may use.

At time of going to press the results are just too close to call but there are valid arguments for each of the suggested currencies.

Should Scotland use the euro?

Would an independent Scotland use the euro or look to break ties with Europe and become a truly independent country.

Should Scotland use the pound?

Would Scotland, if it elects to become independent in a future referendum try and retain close trading relations with England, Wales and Northern Ireland.

Should Scotland use a newly created currency?

If Scotland dis have its own currency, what would it be called. Some may favour a Scots dollar. Perhaps the Alba would be another popular choice, if the people of an independent Scotland were allowed to decide this.

Jim Sillars, a former deputy leader of the SNP said on the subject "My view is that [Scotland] should have our own currency, after a transition period from sterling. We wouldn't have to necessarily wait that long after independence.

"We could build up a central bank that issued the Scottish currency, which could be called the dollar, so that we're being modern, like Australia for example.

"We've got another 40, 50 or 60 years of oil left, so the currency would be based around oil. It's tenable for countries like New Zealand and Norway to have their own currencies, so I don't see why it can't be for Scotland."

As a company based in Scotland, proud to serve the Scottish people with ethical debt advice, Trust Deed Scotland speak to thousands of people each year and at their head office based in Glasgow, a spokesman said "We believe that the decision should be made by the people themselves. Scotland is a real country and we deserve to be allowed the opportunity to make real contributions towards our own political and economic future. "

It is proposed by the Scottish National Party that a referendum will take place in order to allow Scottish residents to vote on total independence.

The spokesman for Trust Deed Scotland concluded "Whether Scotland becomes independent or not is incidental; we would just like to see the best possible deal for our people, one which we can all agree upon amicably as a democratic country.

Scotland has given the world so much in terms of culture, science and heritage. It would be fitting if we also showed ourselves to the world as a role model for an independent democracy too. "


Posted by Forex Growth Bot .

Sunday 1 January 2012

World Currencies and their role in Foreign Exchange Trade

Japan, Europe and North America currently play host to the foreign exchange trade that has revolutionized the way business in the modern world is conducted. Traditionally under the sole purview of banking institutions and large business houses, the spread of internet has put this power into the hands of individual investors and traders. This knowledge is especially used by those who trade in foreign exchange and they therefore monitor important factors such as the volume of currency that is being traded as well as its liquidity value.


Forex transactions are always conducted in pairs, where one currency is purchased as the other is sold. This is the reason; one will always find a forex quote to be expressed as a pair (for example, AUD/GBP). While it may not be wholly correct to categorically put particular currencies in a top list of sorts, there are still some currencies, whose trade over shadows the rest.


The most popular currency in the world, going by the volume of trade, is the US Dollar. Such is the dominance of the US Dollar in the foreign exchange market, that almost all currencies are measured up against the dollar. Many an economy has accepted the dollar as its main currency, and in-fact, this phenomenon is called the Dollarization Effect.
The official currency of the erstwhile euro zone, the Euro was envisioned as a single currency solution to the double-whammy effect of unstable exchange costs and oscillating exchange rates. Its stabilizing effect on international trade sans borders is the reason why the Euro is often considered to be the second most preferred currency in the world trade market.


The Japanese Yen is the spearhead of the Asian domestic market and leads the charge in the forex market against the well established American and European competition. With the Japanese economy being a heavily export oriented one, it is only natural for the currency to being in circulation as well. Low interest rates and the perception as a safe currency, has made the Yen a favourite among traders involved in currency trading or forex trading. This phenomenon is becoming increasingly commonplace, especially in more economically volatile times.


Appreciated more for its scenic beauty, chocolates and fine cheese, few realize that Switzerland is also a well known player in the foreign currency market. Despite its diminutive size, Switzerland does have a strong influence over forex trade. A strong economy and large reserves of gold bullion offers a strong backing to the domestic currency, and furthers its influence in the international market.  Canada too is another such player that has a strong export driven economy. With a firm grip over the global commodities trade, any advances and factors affecting global economic growth have a positive effect on its position in the international market.


Headquartered in London, the Dubai branch of ICM Capital has earned the sobriquet of being a leading online trading company in the UAE. With a simplified approach that's easy to understand, even for a layperson, ICM Dubai is one of the premier players that offers exclusive currency trading services in the UAE. These include services such as online stock trading, commodities trading, gold trading, etc.


Posted by Forex Growth Bot .