Australian Dollar Stubbornly Higher

Posted by on September 30, 2010 under forex trading | Be the First to Comment

Australian Dollar Stubbornly Higher
Daily Bars Prepared by Jamie Saettele My preferred AUDUSD count suggests that the ending diagonal from 8070 is a 5th wave within a 5 wave advance from the 2008 low. With price testing the upper diagonal line, expectations are for a top and reversal. Also, wave 5 would equal wave 1 (in %) at 9660. Equality among these waves is common. It is possible too that the rally extends much higher to test …

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Sphinx Forex Video Review for April 12, 2010

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Get forex trading signals with http learn to trade forex and get forex trading strategies from Sphinx Forex Trading Group. Trade Forex Course, Live Forex News Forex Trading made Simple & Profitable

Cambio Forex Euro Dollaro Usa - So, What Does FOREX Trade Mean?

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Cambio Forex Euro Dollaro Usa

FOREX Contract Size
FOREX currencies are traded in a standard contract lot size of 100,000 units (ex: 100,000 US dollars) of the base currency. A unit equals one (1) or single unit of currency (ex: 1 unit = 1 US Dollar). Cambio Forex Euro Dollaro Usa

FOREX Trade Pairs
All FOREX trades are made up of a foreign currency pair, for example the EUR/USD pair.

Let’s assume we’re trading the Eurodollar and the US Dollar FOREX pair (EUR/USD). The first currency in the pair (EUR/USD) is called the base currency, which is the Euro in this case. The second currency is called the quoted currency (EUR/USD). In this example it’s the US Dollar.

FOREX Pair Price/Quotes
All FOREX currency pairs have a corresponding price/quote. So, when trading or viewing a price quote of a FOREX pair, using our example, you would see this:

- EUR/USD 1.2526/2528 - - often shown as EUR/USD 1.2526/28 - - with the latter price showing only the last 2 digits.

(These price/quote numbers are for example use only, and do not reflect actual or current pricing)

The Bid/Ask
The price/quote of our FOREX pair example - EUR/USD 1.2526/28 - is referred to as the bid/ask. In currency trading, think of a forex pair as a single unit, even though it has two currencies. You can either buy the pair or sell the pair. So, in our example here, if selling the EUR/USD pair, you would sell (1) EUR unit, and this would equal to simultaneously buying or receiving 1.2526 US Dollars. Cambio Forex Euro Dollaro Usa

PIP’s (aka: Price interest Point) are another very important and unique part of a FOREX trade. In the FOREX market, currency pair quotes/prices are quoted out to the fourth decimal point.

Different currencies don’t all go out to 4 digits. The Japanese Yen for example only goes out two decimal points like this - 123.17 - the “7″ being the PIP.

In this example (EUR/USD = 1.2526/1.2528 - the PIP in each price/quote is the last digit (6 & 8) in the price/quote number. The difference between the two prices/quotes is called the PIP spread, and in our example it is a 2 PIP (= 0.0002) spread. This spread is how the FOREX brokerage firm handling your trade makes money. They buy slightly lower than the ask or selling price, and profit off the difference.

This can be confusing at first. But the more you learn about FOREX trading, the clearer this will become. Just stick with it, and eventually the fog will lift on better understanding the simultaneous buying/selling of a currency pair, calculating PIP’s and trade profits, the bid/ask, etc. Cambio Forex Euro Dollaro Usa

( The Forex Signals ) - Prof’s Guiding You - The Forex Signals

Posted by on September 29, 2010 under Forex Course | Be the First to Comment Go Direct http ( The Forex Signals ) - Trading Signals - The Forex Signals The Forex Signals is made up of two Forex Trading Experts; Tom Strignano, a former Chief Bank Dealer with 25 years banking experience and Vladimir Ribakov, a world class & street-smart…

FOREX Trading Review Video 08 JAN 10 EUR/USD +224 pips (NON FARM PAYROLLS)

Posted by on under forex trading | 6 Comments to Read EUR long trade based on the Non Farm news candle showing strong upward momentum: -4H strong support zone off a rising support channel. - Price has found strong support off the 61.8 retracement level on the daily chart.. - 5M chart indicating more upward momentum.

Zulutrade Settings & Review - Automated Forex Trading Made Easy!!

Posted by on under forex trading | 3 Comments to Read An inside view on how Zulutrade works in the members area, plus recommended settings. Follow my forex currency trading adventure by visiting

Best Forex Trading Strategy - The Best Way to Make a Triple Digit Income in 15 Minutes a Day

Posted by on September 28, 2010 under forex trading | Be the First to Comment

Best Forex Trading Strategy

If you are looking for a Forex trading strategy which can make you big profits in around 15 minutes per day then, the strategy we will look at here is for you. Even better news is this trading method is very simple to understand and can be learned quickly, so lets take a look at it.

If you want to make money in currency trading, you should focus on the big trends which last for many weeks or even months and if you do, you will spend less effort on your Forex trading strategy and make bigger profits.

If you want to get in on all the big trends when the odds are on your side, there is a simple Forex trading strategy which will catch them all and its a breakout trading strategy. If a currency is bullish it will start by breaking through overhead chart resistance and continue doing so, as the trend evolves and develops. Best Forex Trading Strategy

You can look at a chart and see this is true in ANY currency pair, so if you buy breaks of valid resistance levels, not only will you have the odds on your side, you will make a lot of money. Obviously, not every breakout follows through in the direction of the break, so you need to decide the best breakouts to trade. The criteria for getting in on breakouts I use is - look for six or more tests before the break and check at least two of the tests, are spaced apart by at least six weeks.

The more times a level has been tested and the further apart the tests are in terms of time, the higher the odds of the breakout being a good one.

Another point to keep in mind is if you have a breakout to the upside and the news and other traders are bearish, the better the breakout is likely to be. If you think about it this is logical - the majority of traders lose money, so being in the minority is good.

Breakout trading can be learned by anyone and all you need to do is to look at chart resistance and use a few confirming indicators, to check price momentum is on your side and your all set for big gains with this Forex trading strategy.

Many traders think the way to make money is to buy “low and sell high” but to buy a low, you need to predict where it might be and that’s doomed to failure. Breakout trading allows you to buy the move when its been confirmed with no guessing and is the method the professional traders use. So if you want to make money in Forex “buy high and sell higher” and you will make a great income in just 30 minutes a day or less. Best Forex Trading Strategy

Basics Currency Trading - The Secrets They Don’t want You to Know!

Posted by on under Forex Course | 6 Comments to Read Learn about Basics Currency Trading, Currency Trading Platform, Automated Forex System Trading and Fx Pips with this FREE, Internet Forex Trading Video course which shows the Basics of Currency Trading Education. Follow me as I explode the myths about making…

Forex Mechanical System Trading - Currency System For Forex Trading

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Forex Mechanical System Trading

Do you want to was reading a investigate of the money system for Forex trading called Forex Powerband Dominator? This manual trading method is for traders who are looking to discover from a proficient trader on how to make dollars based on what i read in money trading consistently, without having to rely on black box automated software. Forex Mechanical System Trading

The profitable mechanical system is explained step by step in its trading manual.

1. What Can You Expect to Receive As a Member of the Forex Powerband Dominator System?

You will first want to check out the downloadable PDF manual that explains the rationale behind the method. This is especially essential for beginner traders who have never made much money trading Forex. There are text and diagrams which help to make understanding the concepts much easier. Inside the membership area, Dean Saunders also goes on to explain the mechanics of his system through 6 video modules along with live trade examples. Forex Mechanical System Trading

2. What Is The Winning Percentage of Forex Powerband Dominator and Which Currency Pairs Does It Work On?

On a long term average, this Powerband trading method has proven to be able to make about 75 to 80% returns per annum. It is capable of short term scalping and longer term trading as well, and can make money from every currency pair on every time frame if used correctly. Ever since first getting my hands on this system a few weeks ago, I have been putting it to work on a new live trading account that has yielded me about 4 winning trades for every 5 that I make. Forex Mechanical System Trading

3. Using the Step By Step Cheat Sheets As You Begin Trading

Members of the website will get access to a set of cheat sheets that summarize all the steps illustrated in the guide in a few, easy-to-read pages. They can be placed right next to your trading screen and help you along as you attempt to make money using its methods.
 Living an average life? Always want to have financial freedom? Check out Forex Mechanical System Trading Program. It’ll change your Life Forever!

August 21

Posted by on September 27, 2010 under Forex Course | Be the First to Comment

make 1920 dollar in one day, today is sell at 1.2050 target at 1.2015