Thursday, May 7, 2009

mix function forex

EUR/USD Euro / US Dollar "Euro"

USD/JPY US Dollar / Japanese Yen "Dollar Yen"

GBP/USD British Pound / US Dollar "Cable"

USD/CAD US Dollar / Canadian Dollar "Dollar Canada"

AUD/USD Australian Dollar/US Dollar "Aussie Dollar"

USD/CHF US Dollar / Swiss Franc "Swissy"

EUR/JPY Euro / Japanese Yen "Euro Yen"

The listed currency pairs above look like a fraction. The numerator (top of the fraction or "left" of the / however you want to SEE it) is called the base currency. The denominator (bottom of the fraction or "right" of the /however you want to SEE it) is called the counter currency. When you place an order to buy the EUR/USD, for instance, you are actually buying the EUR and selling the USD. If you were to sell the pair, you would be selling the EUR and buying the USD. So if you buy or sell a currency PAIR, you are buying/selling the base currency. You are always doing the opposite of what you did with to base currency with the counter currency.

If this seems confusing then you’re in luck. You can always get by with just thinking of the entire pair as one item. Then you are just buying or selling that one item. Thinking like this will still enable you to place trades. You only need to be aware of the base/counter concept for Fundamental Analysis issues.

So why is it important to know about the base/counter currency? The base/counter currency concept illustrates what is actually taking place in a Forex transaction. Some of you reading this, know that short-selling was restricted in the stock market *(Short-selling is where you sell a stock/currency/option/commodity first and then try to buy it back at a lower price later). But in the FOREX you are always buying one currency (base) and selling another (counter). If you sell the pair you are simply flipping which one you buy and which one you sell. The transaction is essentially the same. This allows you to short-sell with no restrictions.

You want to be able to short-sell with no restrictions so you can make money when the market drops as well as when it rises. The problem with traditional stock market trading is that the market has to go up for you to make money. With FOREX trading you can make money in all directions.

Placing a trade in the foreign exchange market is simple. What you need is to open a trading account with a reliable broker. You can start trading almost immediately after the account is up. Beginners are advisable to observe the traders' rules and read more books and articles from experienced traders before getting their hand wet.

Now, we have an bird-eye view of what Forex trading is. Next, we will move on to the introduction of forex market. What you need to prepare before you trade.
Learning Forex Trading
Learning Forex TradingThis article is for the traders who want to make some bucks from forex trading. Before you learn more about forex trading, out of 10 traders 7 persons keep losing money in this market; and the rest work freely from their house and earn millions. Rest 30% might be those with insider news, or those with forex trading skills and knowledge. It is true; the foreign exchange market is full of crocodiles, in seconds you might lose your hard-earned money. Through forex trading want to make money, you have to build the network with so-called an insider that seems to be waste of time and energy. So, learn forex trading or do not ever think of it. If you are eager to step into this big trading game, it is better learn forex trading, before you step into it. It is true; foreign exchange, so called forex market is not for beginners. Before you start with it, you need to brush up your skills. How to Learn Forex TradingUsing the internet to find right resources to learn forex trading you are doing the right thing. Before you learn forex trading stick to these following points.1) Basics about FX are quotes and what makes the market move2) Find a simple way to develop a forex trading strategy with money management3) With the help of forex trading simulator test your trading strategy4) Start trading with a mini FX account and feel about winning and loosing real money. 5) Before you increase your trading size, try to trade four individual weeks in a row making money.It has been, demonstrated that most of the people fail in this trading game. Because, the two driving emotions of trading, Fear & Greed are not controlled by them. In statistical probabilities, a common set that we generally refer is “50/50” propositions. Flipping a coin is a classical example of 50/50 proposition. There is only 50% chance it will be either heads or tails. Same thing happens when you enter forex market. The winning and loosing factor might be 50/50 when you trade. However, sometimes the profit and loss ratio changes according to the movements of the market.Why trade Forex instead of stocks?Reason of trading in forex instead of stocks, is that forex opens 24 hours a day. In forex market, there are no restrictions if trading through a short sell position. You get an equal prospective in a rising and falling market. In forex market, trading is done in pairs; traders always get a chance to make huge money anytime, on every rise and fall of currency of one single country. Perhaps the list of advantages in Forex trading has the answer.Continue Forex Trading for 24 hour a day You do not need to wait until the opening of the market. One can always response to world news and movements immediately. Because forex market never sleeps. If want to be a winner in this market, you need to brush your skills. Forex market starts every Sunday 5:00 pm in New York, followed by Sydney, Tokyo, Singapore, Hong Kong, and London. As compared to other equity market, you can respond much faster to the market trend. With the flexibility of trading time in forex market, you can learn forex trading. During the free time, you can work on your trades. This means that before going as a full time trader in FX trading you can start small and can work as a part time trader. Flexibility in market and trading time helps you to learn forex trading efficiently. High Leverage MarginTrade margin offered by brokers is of 50, 100, 150, or even 200 to 1 of trade margin. Through, leverage provided forex traders find themselves controlling a huge sum of money with little cash outlay. For example, a $1,000 in a 150:1 Forex account will give you the purchase power of $150,000 in the currency market. Some times more leverage can give you more losses. If you do not learn forex trading properly, leverage or margins provided cannot work. Leverage is powerful moneymaking tool. While it is not a powerful money making tool for everyone. Leverage is a essential tool in forex market, it is merely loading up on risk as many people assume. The daily average percentage move of a major currency is less than 1%, where as in stocks it can easily have 10% price move per day.

Forex Tradind online
The bottom line with any forex trading system is, does it work and will it give you monetary success? Finding the best forex trading system is usually the best way for a trader to learn how to use the Forex and achieve monetary success. If you only rely on experience and instinct, you may not likely succeed in forex trading. Therefore with an education in forex trading, you will be better equipped to handle the demands and the stress that comes along with the trade. While many of the systems on the market that claim to teach an effective forex trading system are very complicated, the best forex system should be commendably simple. It should be simple enough to both understand and use yet effective enough to produce results that would keep even the more experienced forex trader motivated. Hence, it should not be viewed as a system for beginners only.The developers of the 5EMA Forex System explain that there are many advantages to trading in the forex market. Although there are many things to learn at first, with perseverance, forex trading can be rewarding to many. The forex trading market is the most volatile in the world and therefore can be a big risk. Some of the features of the 5EMA Forex System that make it enticing are usability, flexibility and versatility. We will discuss each of the features briefly to show you why this forex trading system is the ultimate forex trading system. Why can you say that this accurate forex trading system has usability? As stated earlier, anyone can learn to gain maximum benefits or profits from forex trading, as long you are in the right frame-of-mind, and you learn to trust the best forex system trading tactics and techniques. This forex day trading system is easy to implement, as the complete user guide is worded with no technical jargon, and you can readily understand what is being relayed to you. The included software with templates is also user-friendly, and you will be able to easily manage with these as your forex trading tools. Also, this day forex signal system trading method is said to be flexible because it was developed and designed for the swing-trader or the day-trader. It is safe to say that this forex trading system is versatile, because aside from catering to different types of forex traders, the system can also work well for persons who do not have the time to monitor trends all day. The 5EMA Forex System can also view long term signals to help the forex trader decide ahead, and to allow him to keep his normal job, while still being a forex trader in his part time. With this forex trading system you can: know the classification of forex trading markets, find out who the big players are in this game, and how significant their moves can be, plus understand what the main concepts of the forex market are. Also, in sections of the trading system guide, you will learn the important prerequisites that you need to have before jumping in and starting to trade. You will also learn what types of methods and analytical tools that are used by professional forex traders, and how to apply these skills on your own.Finally, this forex trading system is explained in detail, including, the rules of trading, screenshots and graphs of sample trends and how to interpret them. You will learn the terms commonly used by forex traders, as well as the main rules of forex trading. These are some of the reasons why this is one of the best forex trading systems online. And as the experienced forex traders have stressed, keeping the rules in mind will not only help you with your trading, but will allow you to reap maximum benefits in the long run.

GFT Expands Global Research Team
ADA, Mich. 23 February, 2009 – David Morrison, a 20-year veteran in financial trading is the newest addition to GFT’s global research team, and the first GFT analyst to provide broader analysis on financial markets for its traders throughout the UK, Europe and Australia.Morrison will deliver research for GFT’s derivatives products, including financial spread bets (for residents of the UK) and CFD’s – one of fastest-growing trading instruments in Europe and Australia.He has published articles covering broad economic outlook topics, as well as articles on particular trading strategies for traders using fundamental and technical analysis to trade the markets.Morrison’s previous experience includes managing trading desks, dealing on his own account and implementing successful risk-management strategies.Before joining GFT, Morrison worked for Man Financial (now MF Global), where he started a spread betting desk that became profitable after 18 months. He also traded on LIFFE and for City Index.“David’s experience will give us the opportunity to offer analysis for customers trading the broad range of markets that CFD’s and spread bets offer, which we haven’t had in the past,” said Kathy Lien, director of currency research at GFT. “I look forward to having him on our research team.”Based out of GFT’s London office, Morrison will provide regular market analysis on spread bets and CFD’s and provide education on the trading instruments GFT offers. He will also help create a focused market research and commentary site.“I’m truly thrilled at the opportunity to develop a research portal that will promote our offerings to a wider audience, while also offering advanced research and market commentary to help traders get a better understanding of how the markets work,” Morrison said. “This is a great time for GFT to build on its tremendous growth and success.”Morrison’s extensive market knowledge combined with his personal trading experience will help GFT produce the essential information and analysis for traders.About GFTGFT provides service, support and award-winning trading technology through its DealBook® suite of trading platforms, which are designed for trading online spread bets, spot foreign exchange and contracts for differences.GFT launched its online spot forex trading services in 1997, becoming a pioneer in the online trading industry. Today, GFT is the brand name of several divisions and subsidiaries throughout the world. GFT’s world headquarters is based in Ada, Mich., with additional U.S. offices located in Chicago and New York and global offices in London, Tokyo, Sydney, Singapore and Dubai.

IBFXU Course Index
The off-exchange retail foreign currency market ("forex") describes the purchase of a particular currency from an individual or institution and the simultaneous sale of another currency at the equivalent value or current exchange rate. Essentially, the process of exchanging one currency for another is a trade based on the current rates of the two currencies involved. * 1010 - Intro to Forex * 1011 - Forex Prices * 1012 - Forex vs. Equities * 1013 - Forex vs. Futures * 1014 - Understanding Currency Pairs * 1015 - Understanding Margin * 1020 - Contract Sizes & Margin Call * 1030 - Majors, Cross & PipsTechnical Analysis“Technical analysis” is an industry term that more often than not sounds much more complicated than the actual process is. Really, it ought to be referred to as “price analysis”, as this would be a more accurate description. Through the use of charted data traders around the world analyze their market of choice. The objective: attempt to determine future price movement. The means: understanding price movement patterns of the past. * 1010 - Intro to Technical Analysis * 1015 - Basic Concepts * 1020 - Pattern Recognition * 1030 - Support & Resistance * 1040 - Moving Averages * 1050 - Trading with 2 Moving Averages * 1060 - MACDFundamental AnalysisFundamental analysis is the study of the core underlying elements that influence the economy of a particular currency. This method of study attempts to predict price action and market trends by analyzing economic indicators, government policy and societal factors. Imagine financial markets as a large clock, the gears inside this clock that move the hands, or drive the clock would be these "fundamentals". * 1010 - Intro to Fundamental Analysis * 1015 - Central Banks * 1020 - Economic Indicators by Currency or Region * 1022 - Major US Fundamental Indicators * 1023 - (US) Gross Domestic Product * 1024 - (US) Indicators List * 1025 - (US) The Employment Situation * 1026 - (US) Industrial Production & Capacity Utilization * 1027 - (US) Institute for Supply Management Indicies * 1028 - (US) Manufacturers Shipments, Inventories & Orders * 1029 - (US) Manufacturing & Trade, Inventory Sales * 1030 - (US) New Residential Construction * 1031 - (US) Consumer Confidence & Sentiment Indicies * 1032 - (US) Advance Monthly Sales for Retail Trade & Food Services * 1033 - (US) Personal Income Outlays * 1034 - (US) Consumer & Producer Price Indicies * 1035 - Economics of the USD cont. * 1036 - Economics of the GBP * 1037 - Economics of the JPY * 1038 - Economics of the EUR * 1039 - Economics of the CHF * 1040 - Economics of the NZD * 1041 - Economics of the AUD * 1042 - Economics of the CADTrading StrategiesLearning your own style, or in other words trading method(s) that work for you, is an essential part of Forex trading. There is no correct approach that everyone should learn. However, every trader needs to assess how much risk they can comfortably handle. It is the single most important investment issue for a Forex trader to consider. * 1001 - Learning Your Risk Tolerance * 1002 - Diversification * 1003 - Pivot Points Background * 1004 - Ideas on Trading the News * 1005 - How to Trade Breakouts * 1010 - The Foundations of Gann Theory * 1011 - What is the Elliot Wave TheoryMT4 PlatformMT4 PLATFORM * 7010 - Beginner Charts * 7015 - Beginner Market Watch Window * 7020 - Terminal Window * 7025 - Beginner Toolbars * 7030 - Chart Background Colors * 7035 - Advanced Templates * 7040 - Advanced Market Watch Window * 7045 - How to Delete Demos * 7050 - Advanced Toolbars * 7055 - Advanced Line Studies * 7060 - Advanced Arrows * 7065 - Advanced Auto Scroll * 7070 - Advanced Chart Shift * 7075 - Advanced Window ArrangementProgrammingThis is not intended to be a full fledge introduction to programming, but we will cover a lot useful information that you will need for the more specific classes. Please make sure you spend more time trying to understand and follow the logic than try to get the right answer. The truth is, in programming, there is not just one right solution. * 1010 - Intro to Programming * 1020 - Intro to MT4 Programming * 1030 - Writing Basic MT4 IndicatorsTaxesTaxation of forex is confusing and uncertain in the tax code and that makes tax filings difficult for forex traders. The tax-problem is that some types of forex are treated as IRC 1256 contracts with lower 60/40 tax treatment and other types of forex are treated as IRC 988 foreign currency transactions with ordinary gain or loss treatment. Plus IRC 1256 and IRC 988 are dueling and conflicting tax code sections. * 1010 - How Forex is Taxed * 1020 - Special Tax RulesMarket AnalysisMA Video Archive | Market Analysis with Todd Crosland * Video ArchiveGuest CoursesCourses written by guests.

Our Forex Advantages
FX direct S.A. offers the following advantages to its customers:FAVOURABLE TRADE TERMS# Minimum deposit from 10 USD.# Spread from 2 pip.# Leverage: from 1:20 to 1:400.# Spread from 0 pip (Institutional customers).# No commission in all transactions.# Narrow spreads for 25 currency pairs, gold and silver.# Automated dealings.# Direct access to "Interbank".SPECIAL MARGIN TERMS# Leverage from 1:400 to 2000,00 USD.# Leverage from 1:200 to 20.000,00 USD.# Leverage from 1:100 to 100.000,00 USD.# Leverage from 1:33 to 1000.000,00 USD.# Leverage from 1:20 from 1000.000,00 USD.BEST TERMS# An opportunity to carry out transactions 24 hours per day through Internet, or via telephone from 11 p.m. on Sunday, till 11 p.m. on Friday (GMT).# Our customers can have trading accounts in USD, EUR, CHF.# Multilingual and responsive team of the company.# Mobile trade which provides customers with an access to prices, schedules, and information about the account from a mobile phone and allows the customers to carry out transactions with the help of a palmtop computer.# We provide the best technologies and infrastructure available nowadays.# We comply with the highest international security standards and legal norms.# We provide a fully automated online system of customer management base.# We provide trading platforms with experienced traders.# We set new standards in brokerage services.

No comments:

Post a Comment