Beginners Should Try The Forex to Make Some Money

by Johnathan Silverstone

Currency trading on the foreign exchange market is to buy and to sell currencies and to make a profit when your trade is in your favor. Many people lose money because they do Forex trading like they do gambling with the hope to make money. However, a few people are making a vast amount of dollars. Believe me, there is a great potential there to make a living. The second important point is that you do not have to be a big corporate to enter this market, common people like you, and I can do it.

You see, you can work 15 minutes a day to make some dollars. For example, this is not rare to make between 50 to 100 dollars in just a few hours in the morning. You wake up, you go on the internet, you make you place automatically your trades and then some minutes later if you want you can take some profits.

But first, let me tell you why the Forex marketplace is a good and a relatively safe place to start:

You can begin with $100, $200 or $300 without a problem. You see, with a small investment you can start to trade and to make a decent amount of money. If you do it right and with little experience or with the help of an automated Forex trading software, you can recoup your investment in less than 1 week or 2.

The Forex is 24/7. When a marketplace in the world closed, another is opening. It simply means that you do not have to wait for a certain period of time to trade, you have a large choice of opportunities to identify and to detect winners. So, take your time and start to make 1, 2 or 3 trades a day. You can trade on the weekend if you just want an additional income.

As you are trading currencies, you can get immediately cash without waiting that some conversion of your investments is being done. You can open your bank account and transfer your profit in a matter of seconds.

The other point I want to share with you is that the Forex market is a huge market. In fact, this is the biggest with trillion of dollars traded every single day. It means that you can take a very small share of this volume with very small risks and still make money.

The trend is more predictable than the stock market. It means you take less risk.

You can do it on your own and just pay a small commission. Nothing is "��hidden"�� like in the stock market if you do not know it. The commissions are made on your bids.

You can make a profit whenever the currency is going up or down. You just have to trade correctly in the right direction. There are some trends in the news that can explicitly tell you where the money is going in the next hours.

That leads me to the fact that you do not have to be an expert or an analyst to follow the news as you can do with the stock market. In the Forex market, you just follow the trends and some news. Your job is to follow a specific currency pair or two or three and then to gain some valuable experience in it.

You can trade online and it"��s very fast. You can buy and sell multiple times in a short period of time. On average, you can make a transaction every 1 second or 2. It means that you can easily see when you make a profit and to take a quick decision to take your cash or not.

From my experience, you have to master just 1 or 2 trends at the very beginning to make a profit and to observe the market. With 2 trends, you can start to make money. The only problem with 1 or 2 trends are that you will need more time during the day to identify the trend that will make you some money. Anyway, you can also have a look to some Forex robots that can greatly help you make money without any big efforts and time on your part. You can skip formal education.

Go get it,

Johnathan Silverstone is an online writer since some years now. He is specialized in finance and health. But that's not all, you can discover his latest websites focused on visa student credit card and instant approval credit cards or why not on low apr credit cards. See you in my next article.

Article Source: http://www.articlesnatch.com/Article/Beginners-Should-Try-The-Forex-to-Make-Some-Money/945089

Succeeding through Forex Education

by Dennis Moore

It is an absolute must to fully understand how you can stretch out the value of your every dollar by dabbling in the forex market. There are existing approaches and systematic methods which can help you ace it and this is through an unparalleled forex education. Remember that it it"��s always wise to rely on pre-existing methods which have already gotten the seal of approval from experiences forex investors.

Through having a thorough training, one potential investor could learn more about the ABC"��s of forex market such as charting, bids, leveraging, margins and even rollovers. It is highly recommended that charting should be the focal point since it is considered the most basic yet important factor in the world of forex trading.

More importantly, this kind of education will mold a beginner and enhance his trader"��s skills and knowledge of the internal works in this market. It will also give the beginners an opportunity to create their very own forex charts. By enrolling in this education, one can learn more about the trading software, market mechanics, how to close a trade, how to read the charts correctly and how to identify the most appropriate bidding time. Should you be interested in reading reviews concerning bidders and the like, you will ascertain that the successful ones have actually gone through forex education.

Before formally going through this kind of training, learn more about the types of forex training and then choose whichever appears to be most appealing to you. Knowing the changes may appear in just seconds, the training can help you learn more about these trainings and how to handle such immediate changes. These are the basic things that potential investors should learn about training before actually diving into this lucrative deal. Be trained and be ready!


At the end, I'd like to share cool website with more information on topics like MetaTrader Indicator and Expert Advisor. Visit for more details.

Article Source: http://www.articlesnatch.com/Article/Succeeding-through-Forex-Education------/963326

Learning Forex Trading - Useful Hints

Learning Forex Trading - Useful Hints

Learning Forex Trading - Useful Hints

By Hugh Shah

With increasing Forex Trading profits and expanding market that never sleeps round the clock, forex is the dream of many traders.

But it is not a child's play. You need to learn forex before you plunge into the scenario of forex or currency trading. To be a good part of the market you need to be an efficient player and that is only possible learning forex trading.

While you begin your lessons on this foreign currency exchange trading, keep in mind few useful tips discussed below. These hints will enable you to learn the trading more quickly and quite effectively.

1. Never ever forget to learn the basics properly. The basics need to be very strong for forex trading. The basics will only put you on the road to success. A good currency trading strategy is possible only with strong basics.

2. Instead of learning from tips and discussions, get yourself enrolled for a trading course on currency trading. The course is a systematic and more organized form to impart education on forex trading.

3. While learning forex trading you need to understand the terms and glossary of trading well. Also put emphasize on the forex trading charts. The Forex charts and indicators available help you to understand trends in the market, price action and trading volume and similar happenings in the market.

4. For taking quick decisions you also need to learn about few tools that help in currency trading efficiently. Learn about those tools and their proper utilization. However don't be too much dependent on the tools for forex trading, use your skills along with the suggestions of tools.

Keep in mind these useful tips while learning forex trading and see how quickly you become a professional trader.

We have an interactive and personal training package that has been created to teach you about trading various markets and using technical analysis to make informed decisions. We use state of the art technology that makes the learning experience fun and interesting. This is how the major financial institutions educate their traders and we think that you at home should not be at a disadvantage.

Once the training programme has been completed, the trader will start applying strategies that have been gained to the real financial markets. With the help of a mentor, they will be assisted in every way possible to make sure they are benefiting from the financial market volatility.

Savi Trading is a proprietary trading company that aims to help you develop your trading skills to the highest level and to become a professional trader. We want you to feel that the only difference between working from home and working at a large institution in the city is the daily 'rush hour' commute.

You can call us to find out more or even come to our trading floor. Our telephone number is 02079654630. We are based in the heart of the city of London 4 Broadgate, Liverpool Street EC2M 2QY. Or check our website http://www.savitrading.com.

Article Source: http://EzineArticles.com/?expert=Hugh_Shah


http://EzineArticles.com/?Learning-Forex-Trading---Useful-Hints&id=3762761

Tips On How to Start Forex Trading

1. You can make money with Forex Trading if you are fully equipped with the knowledge and skills required in Forex trading.

2. You can make money with Forex Trading if you are committed to online currency trading since online currency trading is considered the future of Forex trading

3. Before you start in Forex trading, it is necessary for you to set up your account with a Forex broker. Choose from the best of the available Forex brokers online. Research on those who require fees which fit your budget and most especially those who are very experienced and skillful in Forex trading.

Saturday, May 16, 2009

The worst phase of the crisis for the U.S. economy is likely to end. The United States is continuing to the end of 17 months longer recession.

Confirmation of this is the most recent statistics on consumer prices and industrial production, published on Friday, Reuters reported.

In April, consumer prices remained unchanged compared to the previous month, a decline in industrial production slowed down compared to March.

The data support the allegations that the largest economy in the world has reached the bottom and starts to stabilize.



Advertise HERE ! Advertise HERE ! - martinessko@yahoo.com

Sunday, May 17, 2009

Former Soviet republics out of the worst of the crisis

The chief economist of the European Bank for Reconstruction and Development Erik Berglof said today that former Soviet-bloc countries can hardly be expected to seriously revive the economy, but that these countries have managed to avoid the worst economic crisis AFP forward, cited by BGNES.

"This year a number of economies will shrink some - many, and the region as a whole. There are signs that the situation has stabilized, but the outlook is for slow recovery and worst-case scenarios are avoided, Berglof to indicate the session of the General Assembly EBRD in London.

He also noted that the West turned its back on eastern neighbors. Be withdrawn from the region capital, though it is less affected than other markets, the economist added.

Monday, May 18, 2009

Daily Technical Analysis 18.05.2009

EUR/USD




U.S. dollar maintained its appreciation against the single currency during the Asian session against the backdrop of speculation that the European Central Bank will take steps to lower the interest rate established in the euro under 1.0 percent in an attempt to boost the European economy. New movement in favor of the green will test targets in the area around the level of support at 1.3338 which for now seems stable enough to reduce a significant growth griynbeka. In support of this expectation is keeping the price under 14 period MA and lower values of the stochastic oscillator and the MACD. In the opposite option, enhancing the confidence of traders in a single currency will direct cost to test resistance at 1.3522.


USD/JPY




The currency pair is traded in U.S. dollar for the downward trend, if a new appreciation and move the price below support at 94.50, the path to the next key level around 93.66 will be opened. In support of the expectation for further appreciation of the yen is keeping the price has less than 7 and 14 period MA. Looking at the MACD indicator, however, filed for the formation of divergence that would have supported the green money and move towards resistance at 95.27 and 97.86.


GBP/USD



U.S. dollar appreciation marked the first Asian session of the current week, the price tested the lower limit of the upward trend which is in favor of the British pound. Passing trend line and a new rise in sterling will direct quotes in opposition to 1.5352, which in the case of a deal will enable the test in the area of the key level at 1.5475. In return option, however, hold the price in periods 7 and 14 MA and move into the lower limit of the upward channel will direct traffic to support 1.5067 and 1.4940 in the case of overcoming the first.


USD/CHF




Appreciation of the green money quotes lead to test the upper limit of the descendants of the green channel money and technical resistance level at 1.1238. In the case of maintenance and reversal of the daily traffic levels of technical support around 1.1132 and 1.0980 in the case of overcoming the first. In the opposite option, the zero crossing of the MACD line and the rising values of stochastic indicator made possible indications of rising U.S. dollar and hold the price above resistance at 1.1238 in order to key zone around 1.1423.

Wednesday, May 20, 2009

Daily Technical Analysis 20.05.2009

EUR/USD



Euro / dollar moves are still in ascending price channel as is currently just above the area for shopping. Volatility is high and the risk of delay in recovery of the economy may direct the market for dollars in order to quick profits. In this case break of trend line will direct the pair to 1.3417 support, in order to break that could support the euro appeared to be 1.3377. In continuing the upward trend will test the cross resistance of 1.3695 and 1.3732.


USD/JPY




Receive priority over the yen the dollar, after traders expressed greater confidence in the Japanese currency. Decreasing trend is maintained as a trade takes place in the upper price channel. Upon exit of this channel is likely to test resistance at 97.86 and would break the pair set to 99.56. If, however, speculation about slowing global economy continue, then the Japanese currency would be a confidence vote and it tested support levels of 94.46 and 93.55.



GBP/USD




British pound traded near the border of the key resistance at 1.5475. Today in if able to break it then rising channel in which the cross will be penetrated and is likely to test the next resistance which is at 1.5725 after it has seriously acknowledge the occupation of positions and long lasting adjustment for currency of the island. In the opposite scenario where the dollar jump, then pounds will receive support in the 1.5067 and the next will be in 1.4940




USD/CHF





The dollar was used to secure currency in today's session and to increase the Swiss franc, but the couple can not take a clear and Trade Directorate remains within narrow limits. Consolidation and movement retains most feasible option here is to increase the dollar as the support will be at 1.0980 and 1.0894. If you cap the channel is punctured, then I will expect test 1.1256. A breakthrough draws couples to the next resistance 1.1423.

Daily Technical Analysis 25.05.2009

Daily Technical Analysis 25.05.2009

EUR/USD



The currency pair euro / dollar retains trade within narrow limits in the vicinity of the upper trend line of rising price channel. Continuing the trend of appreciation of the single currency will direct adjustment to the break of key resistance 1.4101. In return option reverse direction and continue the signals from technical indicators MACD and Stochastic for reversing the trend would lead to a trade test in the lower limit of the upward channel, and would target the quotations in the area purchasing


USD/JPY




Japanese yen continued its appreciation against the U.S. currency, despite its temporary weakness in the stock Asian session after prices failed to keep below the psychological level of ¥ 95 for a dollar. Uncertainties about the economic situation in the U.S., will lead to a new wave of repatriation of funds and providing quotes to drop until at least the lower limit of the decreasing price channel .. MACD histogramata a 'bicha "divergence, and if it is confirmed by overcoming 95.15 will expect rise in quotations to a level of technical resistance at 97.89.


GBP/USD





British pound continued to test levels of resistance around 1.5900. Sustained break of this critical level will lead to continuous adjustment of the trend change. Save quotes below the upper limit of the rising price channel will undergo a pounds pressure and the correction will result in the 1.5278 area. In support of the downward adjustment are histogramata MACD and stochastic oscillator, which are "sword" configuration

USD/CHF




The currency pair continued its downward movement, are expected to maintain downward consolidation and reached 1.0850 area where you will be purchasing will be in order of decreasing upper price channel. Histogramata MACD and stochastic oscillator in "bicha" configuration, and show appreciation of the short green money.

Tuesday, May 26, 2009

Daily Technical Analysis 26.05.2009

EUR/USD





The currency pair euro / dollar retains trade within narrow limits despite sharp corrections with unclear direction in the Asian stock session. The price continues to trade at the upper limit of the rising price channel adjacent to the area for sale. If the trend of appreciation of the single currency is supported by maintaining stochastic oscillator, we may become witnesses to break the key resistance at 1.4060 followed by 1.4101. In turn option of purchasing a new wave of green money in order to gain quick adjustment would support 1.3722 and reaching the lower price limit rising price channel.


USD/JPY



The currency pair dollar / yen keeps trade in narrow range near the top line of the output price channel. Stochastic oscillator shows "O sword" in order to move the lower limit of the trend. If prices break key resistance 95.21 lasting correction will be directed in support of green money, but if the number of failed attempts do not lead to a correction we can expect the preservation and consolidation of support reached 93.79.

GBP/USD




The currency pair pound / dollar continues to make a test in which the limit of resistance is the upper half of the rising price channel. Break of 1.5900 key resistance situation would lead to permanent retention of the trend of appreciation of the pound. Unsuccessful attempt to break resistance and decreasing movement in the currency pair euro / dollar would change the direction of movement in favor of green money to support at least 1.5278. Histogramata MACD is in support of our expectation for a reduction in the price of sterling to form a downward divergence

USD/CHF





The currency pair continued its upward movement, our expectations are to maintain the trade in decreasing trend with a slight preponderance of dollars and reaching the upper limit of the channel. Stochastic oscillator and the MACD histogramata are in support of adjustment for the green money and reach resistance at the upper limit of the decreasing price channel.

# Table top display
# Table covers
# Trade show exhibits

Daily Technical Analysis 28.05.2009

EUR/USD




U.S. dollar continued to man in the Asian session, as we expect to maintain and test the downward movement of price in the area of support at 1.3722, which now appears stable enough to reduce a significant growth of green money. In support of the estimates appear to fall down values of stochastic indicator and MACD. In the opposite option, enhancing the confidence of traders in the green money will direct cost to resisting 1.3860 and 1.4050.

USD/JPY



U.S. dollar rise in price by almost one cent against the Japanese currency during the Asian session, as the expectation is directed to test resistance at 96.70, in the case of addressing, the path to the next key level to 97.80 will be opened. In the opposite option, move in the direction favorable to the yen will give support to the daily movement in 95.50.

GBP/USD






U.S. dollar appreciation against the register pound in Asian session, after the end of U.S. session yesterday, the currency pair recorded its highest value since November. New growth of sterling will aim at overcoming the top 1.6080 and the test area at levels around 1.6490. In the opposite option, a new appreciation of the U.S. dollar will direct the daily movement in support to 1.5775.

USD/CHF





The currency pair is trading near support at 1.0920, which in the case of endurance will allow for new growth of green money and will activate the double bottom formation with targets resistance at 1.0928 and 1.1057. In the opposite option, passing the price back below 1.0920 will direct the daily traffic to support 1.0805.

Will there be a new direction on the market?

Last week major currencies continued to circulate its consolidation range. Exception was the pair dollar / yen, which could be increased by over 500 points, reaching a maximum of three.
Economic situation in the euro brought successive negative data. This time it was unemployment, which at the end of last week was published, marking the biggest rise for the past two years. Specific data razminaha with the expectations of market participants, as demonstrated by the 8.2 percent unemployment in the expected level of 8.1% and 8.1% previously.
These data, combined with the continuing decline in inflation, supported the allegations that the meeting in this week's European Central Bank will reduce interest in the current level of 2%.
In addition this week the ECB decision on interest rates in the countries and will have the Canadian, English and Australian central banks. These meetings and the publication of inflation indicators for the euro and the U.S. emerge turbulent week for the currency markets. Week that it is possible to remove most currency pairs of narrow consolidation in which they are located and give direction to the movement in the future.

Tips for beginners in Foreks Market (Forex)

To make trading the financial markets in a successful effort to save flair market will get over time should have in mind some basic rules concerning Foreks trade:

The most important thing in trading the financial markets, and in countless endeavors is very course. As we already know trading is done twenty-four hours a day and you can make a myriad of transactions, if you do not have a plan and discipline to follow the vow of your bankruptcy. At first try the number of transactions you make to be minimal.
Basic principles Foreks trade:

- Never leave of emotions to dictate your decisions. Often deal with loss-making went into euphoria and follow a series of transactions that machim go out to the surface, but in almost all cases a series of errors.

- To take the right decision should be comfortable and confident in yourself. Never meet up, which is fluctuating and broadcast concern. If the day you come and do not feel good not Sit down in front of the computer.

- Always use stop orders to limit potential losses as to be sure in its decision. In the opening position is likely to disrupt the Internet or power and not able to close your position.

- No broker only to winning positions strive ultimately be profitable. Before opening the item determine what risk and what will be your eventual profit.

- Prior experience not to play with real money for happiness is now possible to participate under the same conditions in the Forex market, but with virtual money. Play demos of a few months and then open a real account.

- Do not trust others. It may take a person's decision into consideration, but the main players you do not leave others to you instead of confused as they are renowned.

These are basic things you need to know. Think, Learn ce from their mistakes and do not forget to be confident in yourself!

How does the currency market Forex: Mardzhin and Key Positions

To you good at one thing, you must be aware of the principle of its work, the same rule applies to foreign markets. One of the main principles of Forex market mardzhin trade. English comes from the margin trading, margin means the margin / izlishak / reserve money (bel. Translation). Mardzhin marketing idea is to enable ordinary people to be able to make bigger deals in the market, this is by using our forex broker - which "takes your money, the brokers set different mardzhin, but usually it is 1%.

Mardzhin of 1% means that you ensure that only 1 percent in the transaction, for example if you want to buy 10 000 need only $ 100. This makes the forex market so attractive to people seeking greater return on investment. Certainly major gains as the opposite is not excluded and people controlled by emotions rather than common sense is more likely.

Mardzhin trade is a modern bar, which allows the ordinary man to make a deal worth 100 edenitsi currency and ensure only 1.
Trading takes place on the holding of two positions - long and short.

Long position - When you buy a certain amount of currency in order to benefit from its potential to increase another.

Short position - When you expect the price of a currency to cut to another.

To make it more clear, here's an example:

In forex trading is done in the purchase and sale of one currency to another - there currency pairs, one of the most traded was USD / JPY

Let's say you choose to trade with USD / JPY and believe the dollar will rise against the yen, buying dollars and find a long position. If after a period of time the dollar has increased against the yen - you closing long position you have open by selling dollars, prior to which time you bought as the dollar rose against the yen now certain amount of dollars can buy more yen, where is the profit you.

And vice versa - if you are not considered well poevtinee dollars to yen when you close your position you need to do the opposite at the opening of its operation - to buy yen with dollars already own, with the amount of dollars you will buy fewer yen - from where comes your loss.

Example of a short position: If you think the dollar will not rise against the Japanese yen, you buy or sell dollars yen (same f) and opening a short position.

Therefore there are currency pairs and say foreks trade takes place under a purchase and selling of another currency.

Forex: REDUCING IMPACT OF INTEREST Swiss francs

Deteriorating economic situation in Switzerland, forcing the central bank to reduce interest rates in the country with 0.25 percent last week. Reduction of the interest was compounded by the direct intervention of the Bank's foreign exchange market. In so doing, the Swiss National Bank has taken measures against the continued strengthening of the Swiss franc, mainly against the euro and pounds.
These events led to the biggest daily rise in the currency pair euro / Swiss franc. This increase was more than 550 points. Swiss currency is depreciated over a strong pound and U.S. dollar. Pound / Swiss franc has increased by over 650 points. Was strongly influenced pair dollar / Swiss franc, which quotes an up to three new level crossing 1.1900 Swiss francs per dollar.
All this is conducive to the euro, which has managed to rise against the U.S. dollar and British pound.
Last week ECB President Jean-Claude Trichet made the remarks on the delay of the crisis in 2009 and expected recovery in 2010 It was another number of speeches in the style of senior persons from different countries on the global crisis.

Technical analysis GM 19.03.2009

Shares of GM began to rise and puncture the top line of the price channel. According to the rules of Thomas Unmark gape of the next resistance levels around $ 9 for a share. Still indicators Bolinger Bants and capable SAR signal Parabolik for sale. Area of resistance will be at levels determined by fibunachi of 161.8%.

Dollar benefit from the problems in Europe

Foreign exchange markets the dollar strengthened and gathered up to the euro and pounds.

Concerns about the budget of Germany, expressed in the statement of Finance Minister of the country and fall in the UK BVR squeezed position of the European currencies, and thus gave a predominance of green money.

DXY dollar index has increased from 84.105 to 85.138, with a week added 1.5 percent on their level.

On a weekly basis most traded pair EUR / USD has changed with 0.4 percent at the expense of the interconnected currency from 1.3520 dollars per unit, the euro traded in the U.S. Friday trading at the 1.3289 dollars.

Increased loss of gold, whose price last week fell by 3.5 percent. Last night, April futures become cheaper with 1.8% or $ 16.70 to $ 923.20.

The price of oil dropped by 3.6 percent or $ 1.96 to $ 52.38 per barrel. On a weekly basis, however, futures primary energy feedstock marked increase of 0.6 percent. Analysts engage recent movements in prices with the dollar strengthening, which pressed the market for goods denominated in U.S. currency.

Stock Exchange on Wall Street closed with reduced indices. After a series of upward movements, players cached investment and listen to speeches of bankers that month, which now goes, was among the very difficult. On a weekly basis but the exchange indexes recorded increases, the largest is under the DJIA, up to 6.8%.

DOW JONES INDUS. AVG decreased by 1.87% to 7 776 points.
S & P 500 INDEX lost 2.03 percent to 815 points.
NASDAQ COMPOSITE INDEX decreased to 2.63% to 1 545 points.

Meanwhile tirazhiraha information agencies of the central bank of South Korea, which adjusted its forecast for the country's GDP from 2.5% to 2.2%. Fourth largest economy in Asia is growing by double lower pace than in 2007 when growth was 5.1 percent. Data for the last quarter of 2008 show a decline in the economy by 3.4 percent, which is perceived as a signal that the country could fall into recession, affected by global financial crisis.

Dollar Still Under Pressure

The Federal Reserve, in an unprecedented action, cut interest rates to a historic low on Tuesday in the hopes of expanding their lending and encouraging other economic boosting activities to get the American economy out of the slump it’s in. Unfortunately, it did nothing to help the severely flagging American dollar, which is still low and feeling the pressure. The dollar is so low, in fact, that some analysts are speculating on how it could actually be used in trading. Sal Guartieri, the senior economist at BMO Capital had an interesting thought on the matter. “With the funds rate now below Japan’s overnight rate, the dollar could supplant the yen as the new carry-trade currency. This likely means further declines for the greenback and a possible reprieve for commodities and resource-based currencies like the [Canadian dollar],” he said.

The dollar index closed against a trade weighted basket of six currencies at 79.232 after dropping from 79.921 earlier in the day. The dollar fell against the yen from 87.68 to 88.55 but it didn’t hit the 13 year low of 88.10 that it saw the week before.

The dollar’s fall after the Fed’s decision on Tuesday sees the currency in a very fragile state. Economists feel that the pressure, however, is less from the rate cuts and more from the Federal Reserve trying to boost its balance sheet. The statement that was released from the Federal Open Market Committee announcing the decision to cut rates stated that the Central Bank would use “all available tools to promote the resumption of sustainable growth and to preserve price stability.”

Of course the question surrounding the dollar’s liquidity has also caused speculators to start worrying about an oversupply of the currency. Stephen Gallo, the head of market analyst at Schneider Foreign Exchange commented, “The world is awash with greenbacks; they’re coming out of the woodwork, they’re growing on trees, and the markets are concerned.” The rule of thumb has traditionally been the more paper currency in circulation the lower the value.

Marco Annunziata with UniCredit MIB feels that Fed’s rate cut is only going to weaken the dollar more in the short term, being particularly vulnerable against the Euro with the European Central Bank signaling a pause in their own rate cuts in January. He states, “I still believe the harsh macro reality (in the euro zone) will eventually force the ECB’s hand, but in the meanwhile its reluctance could push [the euro] toward $1.45 by January.”

Gold Up Over Oil

The euro rallied back against the dollar during overseas trading this morning and thanks to that bit of a push, gold and oil also rebounded. The tentative automaker bailout helped the euro push the two commodities and one currency higher. With it, Asian shares also saw a one month high as traders and analysts are hoping that governments worldwide take a cue from the United States and help their own ailing industries in an effort to increase consumer spending and fighting back against the worldwide recession.

Gold was up $2.245 from closing on Tuesday in New York, ending at $777.75 per ounce. Many investors had been selling gold to cover losses from equity sell-offs, sending bullion to a low of $680 an ounce in October, the lowest it had been in over a year. Referring to the intraday high gold saw on Monday, a Hong Kong dealer commented, “I guess the potential for the upside is there. Technically, gold should break the $780 resistance level to sustain the uptrend because we’ve also seen profit taking in Asia.”

While gold, oil and the euro rose, the White House and representatives of the Democratic Party got together to reach an agreement on a $15 billion automaker bailout. The agreement is still tentative and there will need to be a final vote on it in Congress before federal loans can be issued. The bailout is in an effort to preserve a few billion jobs in the United States instead of allowing the companies to file bankruptcy and lay off people who desperately need their jobs.

Gold, however, has been struggling to maintain its upward momentum ever since it hit a two-month high of $931 an ounce in October. Oil and other equities are weak and they are having an impact on the value of the bullion. The bullion was 25% below a lifetime high of $1,030.80 in March of 2008, a high that was boosted by fears of rising energy costs that spurred investors to buy.

Says Kazuhito Saito of Interes Capital Management in Tokyo, “There’s bargain hunting in Japan because OPEC will cut production next week. So we also see short-covering in the crude oil market.” Oil rebounded to $43 a barrel during the aforementioned bargain hunt after an overnight slump of 4% thanks to a lower forecast for U.S. energy demands and deepening global recession fears. OPEC has been watching oil prices slide since July where it peaked at over $100 per barrel. The oil distributing countries have already agreed to cutting out 2 million barrels per year of output in order to support prices and all of the member nations are leaning towards the agreement. They will meet on December 17, 2008 to decide.

Platinum also got a lift from the auto industry bailout plans as it is used in manufacturing catalytic convertors. It is trading at $811.50 – a far cry from March’s $2,290 – and according to a dealer in Hong Kong, “It seems the news supports platinum but we are also expecting global auto production to slow down as well because of the recession. The support is rather limited.”

Forex News Trader

Forex News Trader was developed to give traders the edge they need to learn how to trade based on economic news events from around the world. The same edge the institutions use to make hundreds of millions and even billions of dollars in profit each year.

Forex News Trading will provide you with the information you need to give you a true insider’s understanding of the Forex markets. You will feel confident in your trading, and never doubt your trades again.

Does this mean you will win every trade? No, of course not, but armed with the knowledge Forex News Trader will provide you, you will never be afraid to take that next trade - as the odds will now be tipped in your favor.

Each and every month there are a tremendous number of news releases for the Off Exchange Retail Foreign Currency Market (FOREX). Many of these events and announcements move the markets considerably. But how do you properly capitalize on these moves? Get it wrong and you could be wiped out. Get it right and you can be in a small group of trading elite, consistently pulling pips out of the market each and every week.

Trade Live on the News

Our Forex Trading goal is to provide our visitors with the best trading strategies available. We work exclusively with Forex brokers who specialize in news trading, and also include extensive reviews on the best in the business. Any relevant and helpful information related to Forex news trading can be found on this site.

There are many trading methods that exist to help you succeed as a trader, but there also many factors you need to consider before you execute your trades. Each news event moves differently. What we do is provide you with techniques and systems on how to trade these major news events. How can you maximize your gains and limit your loses? Not easily done, unless you truly know what you are doing.

Forex News Trader will teach you the moves you need to make. In volatile or fast moving markets, such as news trading events, it is imperative to be completely focused and on top of your game. You need to constantly learn new styles and techniques if you want to stay ahead.

Whether you profit, or end up like the other 95% of traders, depends on your ability, knowledge, patience, and how the market moves that day. With such a large world market there are numerous opportunities to pull profits on a consistent basis.

If you’ve spent thousands of dollars to learn strategies that do not work - you are not alone. In fact, in a recent poll of over 5,000 active traders, the majority have spent over $3,500 on education. Some people drop more money into Forex courses then into their own trading account. We offer insider strategies that will give you a huge edge to succeed in the Forex market.

The History of Forex Trading

Many centuries ago, the value of goods were expressed in terms of other goods. This sort of economics was based on the barter system between individuals. The obvious limitations of such a system encouraged establishing more generally accepted mediums of exchange. It was important that a common base of value could be established. In some economies, items such as teeth, feathers even stones served this purpose, but soon various metals, in particular gold and silver, established themselves as an accepted means of payment as well as a reliable storage of value.

Coins were initially minted from the preferred metal and in stable political regimes, the introduction of a paper form of governmental I.O.U. during the Middle Ages also gained acceptance. This type of I.O.U. was introduced more successfully through force than through persuasion and is now the basis of today’s modern currencies.

Before the first World war, most Central banks supported their currencies with convertibility to gold. Paper money could always be exchanged for gold. However, for this type of gold exchange, there was not necessarily a Centrals bank need for full coverage of the government's currency reserves. This did not occur very often, however when a group mindset fostered this disastrous notion of converting back to gold in mass, panic resulted in so-called "Run on banks " The combination of a greater supply of paper money without the gold to cover led to devastating inflation and resulting political instability.

In order to protect local national interests, increased foreign exchange controls were introduced to prevent market forces from punishing monetary irresponsibility.

Near the end of WWII, The Bretton Woods agreement was reached on the initiative of the USA in July 1944. The conference held in Bretton Woods, New Hampshire rejected John Maynard Keynes suggestion for a new world reserve currency in favor of a system built on the US Dollar. International institutions such as the IMF, The World Bank and GATT were created in the same period as the emerging victors of WWII searched for a way to avoid the destabilizing monetary crises leading to the war. The Bretton Woods agreement resulted in a system of fixed exchange rates that reinstated The Gold Standard partly, fixing the USD at $35.00 per ounce of Gold and fixing the other main currencies to the dollar, initially intended to be on a permanent basis.

The Bretton Woods system came under increasing pressure as national economies moved in different directions during the 1960’s. A number of realignments held the system alive for a long time but eventually Bretton Woods collapsed in the early 1970’s following president Nixon's suspension of the gold convertibility in August 1971. The dollar was not any longer suited as the sole international currency at a time when it was under severe pressure from increasing US budget and trade deficits.

The last few decades have seen foreign exchange trading develop into the worlds largest global market. Restrictions on capital flows have been removed in most countries, leaving the market forces free to adjust foreign exchange rates according to their perceived values.

In Europe, the idea of fixed exchange rates had by no means died. The European Economic Community introduced a new system of fixed exchange rates in 1979, the European Monetary System. This attempt to fix exchange rates met with near extinction in 1992-93, when built-up economic pressures forced devaluations of a number of weak European currencies. The quest continued in Europe for currency stability with the 1991 signing of The Maastricht treaty. This was to not only fix exchange rates but also actually replace many of them with the Euro in 2002.

Today, Europe has embraced the Euro in 12 participating countries. The physical introduction of the Euro on January 1, 2002 saw the old countries currencies made obsolete on July 1, 2002.

In Asia, the lack of sustainability of fixed foreign exchange rates has gained new relevance with the events in South East Asia in the latter part of 1997, where currency after currency was devalued against the US dollar, leaving other fixed exchange rates in particular in South America also looking very vulnerable.

While commercial companies have had to face a much more volatile currency environment in recent years, investors and financial institutions have discovered a new playground. The size of the FOREX market now dwarfs any other investment market.

It is estimated that more than USD 1,200 Billion are traded every day, that is the same amount as almost 40 times the daily USD volume on the American NASDAQ market.

The History of Forex Trading

Many centuries ago, the value of goods were expressed in terms of other goods. This sort of economics was based on the barter system between individuals. The obvious limitations of such a system encouraged establishing more generally accepted mediums of exchange. It was important that a common base of value could be established. In some economies, items such as teeth, feathers even stones served this purpose, but soon various metals, in particular gold and silver, established themselves as an accepted means of payment as well as a reliable storage of value.

Coins were initially minted from the preferred metal and in stable political regimes, the introduction of a paper form of governmental I.O.U. during the Middle Ages also gained acceptance. This type of I.O.U. was introduced more successfully through force than through persuasion and is now the basis of today’s modern currencies.

Before the first World war, most Central banks supported their currencies with convertibility to gold. Paper money could always be exchanged for gold. However, for this type of gold exchange, there was not necessarily a Centrals bank need for full coverage of the government's currency reserves. This did not occur very often, however when a group mindset fostered this disastrous notion of converting back to gold in mass, panic resulted in so-called "Run on banks " The combination of a greater supply of paper money without the gold to cover led to devastating inflation and resulting political instability.

In order to protect local national interests, increased foreign exchange controls were introduced to prevent market forces from punishing monetary irresponsibility.

Near the end of WWII, The Bretton Woods agreement was reached on the initiative of the USA in July 1944. The conference held in Bretton Woods, New Hampshire rejected John Maynard Keynes suggestion for a new world reserve currency in favor of a system built on the US Dollar. International institutions such as the IMF, The World Bank and GATT were created in the same period as the emerging victors of WWII searched for a way to avoid the destabilizing monetary crises leading to the war. The Bretton Woods agreement resulted in a system of fixed exchange rates that reinstated The Gold Standard partly, fixing the USD at $35.00 per ounce of Gold and fixing the other main currencies to the dollar, initially intended to be on a permanent basis.

The Bretton Woods system came under increasing pressure as national economies moved in different directions during the 1960’s. A number of realignments held the system alive for a long time but eventually Bretton Woods collapsed in the early 1970’s following president Nixon's suspension of the gold convertibility in August 1971. The dollar was not any longer suited as the sole international currency at a time when it was under severe pressure from increasing US budget and trade deficits.

The last few decades have seen foreign exchange trading develop into the worlds largest global market. Restrictions on capital flows have been removed in most countries, leaving the market forces free to adjust foreign exchange rates according to their perceived values.

In Europe, the idea of fixed exchange rates had by no means died. The European Economic Community introduced a new system of fixed exchange rates in 1979, the European Monetary System. This attempt to fix exchange rates met with near extinction in 1992-93, when built-up economic pressures forced devaluations of a number of weak European currencies. The quest continued in Europe for currency stability with the 1991 signing of The Maastricht treaty. This was to not only fix exchange rates but also actually replace many of them with the Euro in 2002.

Today, Europe has embraced the Euro in 12 participating countries. The physical introduction of the Euro on January 1, 2002 saw the old countries currencies made obsolete on July 1, 2002.

In Asia, the lack of sustainability of fixed foreign exchange rates has gained new relevance with the events in South East Asia in the latter part of 1997, where currency after currency was devalued against the US dollar, leaving other fixed exchange rates in particular in South America also looking very vulnerable.

While commercial companies have had to face a much more volatile currency environment in recent years, investors and financial institutions have discovered a new playground. The size of the FOREX market now dwarfs any other investment market.

It is estimated that more than USD 1,200 Billion are traded every day, that is the same amount as almost 40 times the daily USD volume on the American NASDAQ market.