Forex Exchange Rate



             


Wednesday, April 22, 2009

The forex market exposed, wait until you see what's inside


" If You Want To watch as a millionaire forex trader legally exploits the foreign currency market, and reveal his proprietary techniques to help make you millions trading forex, then finish reading this now!" Dear Friend, Forex traders are raking in big profits with low risk high yield, investment strategies that exist only in the foreign currency market. Especially those who have a trained eye that can see excessive profit points that explode when done correctly. The forex market has created many millionaires who understand the exceptional leverage that is provided by trading currency. To be exact a 100:1 leverage ratio, this means you can leverage your money 1x100 so $100 leverages $10,000 and $10,000 leverages $100,000. This extraordinary benefit of the currency market allows you to realize windfall profits in a short period of time and can quickly make you a lot I mean a whole lot of money. Big Businesses, banks, and wealthy investors have been making billions for years from foreign currency exchange, and now the little guy with a few hundred bucks has the same opportunity to profit from this supercharged money making forex machine.

My friend the forex boom is just beginning and I have a secret weapon that neither the newbie nor professional forex fanatics possess. Let me put this in perspective for you, lets say you could have been friends with Warren Buffet before he became a billionaire and he was willing to show you all his techniques and insight into the markets. Would you have listened? I hope you answered yes, because every investor that got involved with Warren Buffet before he became a household name has since become super multi millionaires. Now you have a similar opportunity, but there is one problem (a good problem) the leverage that is available to you through the forex market will speed up the amount of time it takes to make substantial gains that made those select few multi millionaires.

There is a little known multi millionaire forex trading champion that I discovered online who has been dumping his number crunching brain power and secret proprietary forex strategies which have made millions for everyone to see. You would not believe some of the simple yet powerful techniques this forex fiend was revealing. I mean I was floored at the sight of some the stuff this guy was showing me because I knew it meant the difference between making millions of dollars, or still trying to figure out what a pip was (forex jargon). I had to put this in writing so everyone could A. (know about the forex market) and B. (get access to this forex fortune teller). The forex market has opened up new doors for everyday Joe Schmoes such as myself and will continue to grow and give new opportunities to those who want to discover a new way to wealth. The fact of the matter is when you combine a market like foreign currencies and a Warren Buffet like forex genius that equals profits, period.

Here are the keys to the vault. Will you unlock the Door? http://www.forex4checks.com . There is more there than you expect!

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Saturday, November 1, 2008

How to Trade FOREX Using Automated Signals


It wasn't until recently that the average investor could participate in the foreign exchange market. Over 1.5 trillion dollars are traded on a daily basis in the FOREX market, which makes it very attractive for any investor. The truth is only 95% of FOREX traders ever see a dime when it comes to FOREX trading. Most of the money is absorbed by large investors and central banks.

Whether you are new to the FOREX market or are an established FOREX trader, traders are always in search of new trading techniques and systems. There is always a lot of different opinions when it comes to trading systems offering entry and exit points. A lot of them do not work, but yet at the same time a lot of them do.

Automated FOREX trading happens for a few reasons. One, not everyone is in front of there computer 24 hours a day and able trade at the most critical times. Secondly, anyone new to FOREX who finds it difficult to study the foreign exchange markets may be looking for a way to automate the process so that they do not have to figure out the FOREX market for themselves.

Typically FOREX signals providers send their signals via e-mail, SMS, or through a charting software program. Once the signal is received, if the account is a managed one, the signal will automatically execute the trade, if not a phone call to the trading desk or a click of the mouse from a trading platform will also execute the trade.

What to look for in a proven FOREX trading system.

When searching for a reliable FOREX signals provider, the very first thing to check for is a proven track record of success. If there is no hard data showing their trading success, then there probably isn't much money to be made and there signals aren't worth the money anyhow. A phone number to call for support or to ask questions is always good too. Having a phone number listed shows credibility in the trading system and that they are willing to share with you real results and their experiences.

There are many reliable FOREX trading systems available. Finding the right one can be a challenging task. Make sure there is plenty of support as well as a proven track record. There is nothing more discouraging than using a trading system that does not produce results.

Tim Rohrer is an established Forex trader. To learn more about a reliable Forex trading system, visit http://www.forex-investing.us

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Friday, October 17, 2008

FOREX: Foreign Currency Exchange Market at your Fingertips

Dear Friend,

Have you ever heard of FOREX? FOREX stands for Foreign Currency Exchange Market. This is a fascinating new way of making money in the trading market. With FOREX you can learn powerful techniques that will let you turn $200 to $3,000. You will learn to focus on what trades are the good ones and the most profitable. FOREX is an amazing tool to learn to use. Not only will you profit big, you will also have more confidence when deciding what to trade or not to trade. The beauty of FOREX is that it's not only for expert traders, but also for beginners. As a beginner, FOREX teaches the basic terminology used, concepts, and knowledge that will allow you to join the FOREX trading market. FOREX literally points you in the right direction of where to start your trading. It's as if you're being held by your hand and being taken to where the money is. FOREX is great, because if you sign up you'll receive a FREE ebook with training materials that will teach you everything about trading FOREX and how to get started. This is a great course that will really teach you step-by-step in how to make intelligent trades in the trading market. One of the best features about FOREX is it doesn't cost thousands of dollars like most competitors and you'll probably end up making much more money with FOREX than these competitors. FOREX is also beneficial for expert traders. So for you experts out there, you'll just fall in love with this from the start. You already know the basics and now you'll become perfectionist in basically making money. Who wouldn't love this talent? FOREX is a great tool that basically let's you know when the major market moves will happen and in what direction. It's as if you're waiting for someone to give you the go ahead of trading and knowing that it will be profitable. This is just too good to be true. Well with FOREX it's just that good! Learning these precision techniques will surely help you in achieving HUGE PROFITS. There are always risks with trading. However, with FOREX the techniques that you will learn will teach you to trade with the smallest risk possible (between 10 to 20 pips). The purpose of FOREX is for you to be amazingly profitable. Like mentioned above, this is not only for experts but for beginners as well. This new powerful tool is feasible that even a child can learn. You'll see dramatic changes in your income and feel more confident in knowing when and how to trade. You'll enjoy this new way of living! Just think, you wake up start your day and do a little trade here and there and then that's it! You basically did your work for the day and then you're free to enjoy the rest of your carefree day. This type of lifestyle is waiting for you! Just remember FOREX is the place to be.

Best of Success! Thanks, Stephanie

This is one of the many remarkable trading techniques taught at: Http://www.4exonline.com You'll learn precision techniques that will make huge profits

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Friday, March 21, 2008

Forex Training

FOREX TRAINING

How would you like to work from your own bedroom, and make more money in one day than most people make in a month?

We all know that it's out there, but just how do you go about getting our hands on it? Well Here it is.

The Forex Spot Market

Trading FOREX is like picking money up off the floor. NOT trading FOREX is like leaving it there for someone else to pick up

Think about it. Few investors have ever been inside a corporate boardroom. But everyone in the world uses currency in their daily lives. And with international trade skyrocketing, it only makes sense that so much money flows through the currency markets each day. In fact, billions of dollars flow through these markets every few minutes. But despite vast profit-making opportunitites, many individuals are still wary of currency investing. You see, a whole lot of would-be traders suffer from the misconception that the currency market is more volatile than other types of investments. Join us and learn from the real world. World of Investing Get the real facts.

So here you get the Basics? and much much more. Here's a good nuts-and-bolts kind of guide that will give you the knowledge you need to start making serious money without a lot of rookie mistakes,

Here you will

1. Know the rules 2. Learn the rules 3. Take ownership of the rules 4. Live by the rules. 5. Make money at home 6. Start your own inhome business

Immediate Leverage

Learn how to trade with 100 to 1 up to 400 to 1 in other words you will be able to use 1000 to control 100,000.

Learn before investing your hard earn money, using a demo account with live information, In a live market

Finally a real opportunity!!! No people to sponsor, No MLM, Here are a few reasons why I love My very own Home base business...

You can start a business today with no prior experience, no years of college education,

You can start with as little as $300 and make ridiculous profit!

You can work for a few hours and make money while you sleep!

You can make money in your underwear sitting at the kitchen table!

You can be eccentric and have plenty of money to do whatever you want!If you are ready to dramatically increase your profit opportunities, then we invite you to join us on your quest for extraordinary profits with limited predefined risk in the FX spot market

http://www.internetprofitmentor.com/

Charmaine Freeland, Current Forex Spot Trader, Fromer 8 years of Stock and Option, and Futures Trader

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Tuesday, March 18, 2008

Spot forex Trading: Little Known Wealth Building Secret Of The Rich and Famous

If you search on the internet you'll find millions of investment programs such as real estate, stock trading, bond trading, mutual funds, CDs, auction programs and various internet programs.

I have not done many internet income opportunities or programs or affiliate programs because I had been lucky to discover a very easy way to make money through spot forex trading, (Foreign currency trading) safely on the internet.

Perhaps you know about only stock trading or bond trading which are common, but not spot forex trading.

Spot forex trading is the most profitable and attractive internet income opportunity because you can do it from home or office and from any country in the world.

In spot forex trading, you don't need to do any marketing or selling or internet promotion to succeed.

In spot forex trading, you don't need to spend thousands of dollars to do any internet promotion.

In spot forex trading, you don't need any stocks or warehousing.

In spot forex trading , all that you've to do is open an account with one of the brokers with as little as $300 or $2000. (http://www.maychic.com/maysearch)

Then follow simple instructions to buy and sell the currencies.

When the price of the currency is low, you buy.

In a few seconds or minutes, the price will go up, and you sell it and make a profit.

By so doing , in a day, you can easily make $500-$1000 by just buying, selling and trading these foreign currencies for about 3 or 4 hrs!

And get this:

You don't even have to be stuck sitting behind your computer buying and selling these foreign currencies.

You can enter all your buy trades and specify the sell prices you desire and then log off.

Whenever the values of these foreign currencies rise and your selling prices reach, the currencies will be automatically sold for you and you make money!

You can do spot forex trading and at the same time keep your day job, because in spot forex trading, there is no work to do.

In the future when you have made hundreds of thousands of dollars, you may then quit your job and just keep doing currency spot forex trading forever and go on permanent vacation!

To understand the beauty of forex trading Picture this:

In the morning, you get up from sleep at 6 am.

You go to your bathroom and have your shower.

At 7am, you hurry and eat your breakfast.

At 7.20 am, you login into your spot forex trading account on the internet and spend 10 minutes to buy about 3 or 4 different currencies, [for example British Pound, Euro, CHF (Swiss Currency) and Yen (Japanese currency).]

You can specify the price at which you wish to sell each currency.

Then you can log off.

By 9 am, you're at work in your office or business place.

You do your job as usual and by 5 pm, you're finished and heading home.

When you get back home around 6.30 pm, you login into your spot forex trading account to see how much money you've made.

Holy Molly, there in your account it says you have made $750!

"Is this for real?", you wonder...

Yes, it is. (Your eyes are not deceiving you...)

$750 in a day for just clicking your mouse twice and doing no work?

(Whereas at your job, you work 8 hrs, but make only probably $150..)

This is how easy it is to make money from spot forex trading. (http://www.maychic.com/maysearch)

But before you use real money to open a live spot forex trading account, you have to open a free trial (demo) forex trading account and practice first, to understand how it works and to acquire the right skills.

This free demo (trial) spot forex trading account (forex simulation trading) will help you to reduce a lot of risks that can lead to loss.

In spot forex trading, you can choose how much money to invest, how much money to make and when to make it.

You can make money daily, 365 days all year from spot forex trading.

Your computer can be transformed into an "ATM" machine that cranks out cash for you daily (without large investment or hassles) from spot forex trading.

In spot forex trading, you can choose what type of risk you can manage, when to invest and when not to invest.

In spot forex trading, you're the boss. You may do as you please.

When spot forex trading is compared to other investment programs such as stock trading, bond trading, mutual funds, real estate and regular business, it is evident that spot forex trading is the fastest and greatest way to make money in the world.

Spot forex trading is a 2.5 trillion dollars daily business and it is larger than all the stock trading in the world combined.

These are some of the reasons why I believe that forex trading is the fastest and best way to create fantastic wealth.

Perhaps from reading this article you'll now come to know why spot forex trading is the secret behind the greatest wealth on earth and why it has been kept hidden from the average people of the world and therefore little known to the masses.

May these spot forex trading insights open your eyes to the possibility of infinite wealth and success that can be yours from spot forex trading.

Please feel free to print or publish this article anywhere and read and also send to your friends and well wishers and please preserve the author's resource box below.

Warmly,

Ikey Benney

Use MaySearch Engine to search for online investing opportunities, financial information, shortcut to internet riches programs, products and services. Please click on the link : online investing opportunities (http://www.maychic.com/maysearch)

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Monday, March 17, 2008

Getting Started into Forex Trading

Forex, also known simply as the "FX," is the commonly accepted abbreviation for the over-the-counter foreign exchange market. The forex market is the largest financial market on earth. Forex exists on a 24-hour-a-day global network that spans corporate, banking, and individual interests. There is no central trading floor. Currency is traded around the world and around the clock, with fluctuations responding to speculation on the latest news as it happens. The currency volume on forex is huge, with a daily turnover of in excess of $200 trillion. Most of the world's forex trading is done via the internet

The forex was traditionally a playground for the monolithic international banks and substantial corporations. Times have changed, however, and it's now possible for the small investor to enter the speculative waters of currency trading. Forex trading has become a bit of a craze of late, especially since it is something available to anyone who owns a computer. And anyone who is willing to put in some training time can profit from forex trading. The forex market finds traders from all around the globe monitoring currency fluctuations, not unlike the way a day trader may monitor a stock's fluctuation on the Dow Jones.

The lion's share of forex trades involve the major currencies: the Australian Dollar, British Pound, Canadian Dollar, Euro, Japanese Yen, Swiss Franc, and US Dollar. In forex trading, a trader will pair two types of currency. Currencies are bought and sold simultaneously, for example the US Dollar and the British Pound. As it requires more of one currency to purchase another, that currency loses value. Not unlike stock trading, forex traders try to accumulate currency when it weakens in hopes of selling it when it goes up in value. Forex trading is not unlike the buy low, sell high approach found in stock trading.

The way a trader on the forex market exchange goes about acquiring currency is by giving a bid/ask quote, saying he is willing to buy, for example 1.6 marks per dollar and sell them at 1.625 per dollar. One must be a market trader to have access to this process. So most people who are forex trading on line buy the currency through a bank, where they'll pay a commission, then have to figure the commission paid to the bank into the calculation of their spread, or profit margin, when they sell it.

Forex trading is not an easy path to riches. And some people have lost considerable money in miscalculating the market. With its increased popularity, on some days the forex market exchange can see more than one trillion dollars exchanged. Packages for teaching a new forex trader how to invest in the market can range in price.

Last but not least, trading successfully is no easy task. It is a process and could take years to achieve the desired results. There are a few things though every trader should take in consideration that could accelerate the process: having a trading system, using money management, education, being aware of psychological issues, discipline to follow your trading system and your trading plan, and others.

Anybody interested in some more information about forex trading should check out high-quality course like Peter Bain at Forex Mentor. His course provide clear guidelines about when to enter a trade, what to expect in terms of market movement, when to exit a trade, how much loss can be accepted in case the deal moves against the trader, and some secret techniques that can be easily implemented. Following his simple guidelines can help you become a successful forex trader. Learn to make daily profits in the forex market. You would not believe how straightforward and helpful it is to a Forex beginner. For more information, please take a look at http://nofieiman.com/go/peter-bain/

Nofie Iman (http://nofieiman.com) is a full-time investor. He has been researching investment strategies since 1998 and make his own living from stock investment and forex trading

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Thursday, March 13, 2008

A Day in the Life of a Forex Trader

Are you looking into breaking into the field of professional foreign exchange trading? Or are you already a forex trader doing it regularly? Either way, this article may be of interest to you. The forex trader is a different breed of human being. They utilize the markets to earn a living everyday. We have a look into the insight of a day in the life of a forex trader.

Any professional forex trader has the potential to make massive returns from their initial investment or on the nastier side any trader can make massive losses. It is not a game of chance, trading is a skill of emotional control and sound decision making. Traders have an understanding of market mechanics and their behaviour as a response of economic trends.

Traders makes their living from taking advantage of price differences between the buy and sell price of currency pairs and more importantly they make their money by following the market trend. If you yourself have studies forex charts you may notice how the price fluctuates - there are only three directions the price can do: rise, fall or stay the same. Currency prices only stay the same if the currency value is not floated and fixed to a certain value. Traders make their money on the difference on price so the trader can either buy long and hope the currency rises or sell short as the currency drops in price and still makes a profit.

The advanced forex trader waits for a new trade or rather waits for the right time to open a new trade by looking for the right indicators and signs to signal an entry into the foreign exchange market. There are two things that the forex trader can do at home to watch out for an entry signal: look at charts or wait for news. Traders watch for the right trending signals to enter a trade. And the primary rule for the trader is that 'the trend is your friend.' Stick to the trend and you won't get hurt. Secondly, traders also watch the news. They must know what economic data is coming out on which days and what that data means to the future of the economy of the respective countries. If they don't keep track of these facts and economic data and indicators they may find that some currencies are especially volatile during these news announcement events and see the market jump. The forex trader must be ready for these economic announcements to ensure they can anticipate the increased market activity.

Once the forex trader has successfully entered into a trade, a trade that is going well the trader then simply rides the trend to completion, implementing a trailing stop to lock in profits as the price trends the way the trader wanted the trend to go. But if the trade goes sour, the forex traders needs to exit the trade with grace. The trader must cut their losses to succeed in the business of foreign exchange trading.

Hopefully this has given you an overview of what a professional forex trader does to make a living from simply taking advantage over the price difference. The technique is to enter a trade correctly using trend analysis or a news announcement and then follow the rules of "riding the trend" or the "trend is your friend" with "cutting your losses quickly."

This article "A Day in the Life of a Forex Trader" can be found in our Foreign Exchange (FX) Markets category.

George Polizogopoulos is a staff writer for MyShareTrading.com, an information hub for traders: forex, shares, derivatives, CFD's. MyShareTrading.com also provides free blogs for traders who wish to share their market experiences.

You may republish this article on the condition that it is not edited and all html links to our website is kept intact. MyShareTrading.com ? 2006

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Saturday, March 1, 2008

Choosing the Right Forex Broker

If you've already made the decision to go ahead and start trading forex, the first step you need to take is to choose the right forex broker. Currency brokers vary more than the U.S. Investment houses, so you really need to do your homework before making a decision. This is very important because your broker is almost like your business partner. They need to not only treat you fairly, but also execute when called upon. Here are some of the most important aspects to consider when picking your broker:

Low Spreads. Always look for a broker that offers low spreads (which are measured in pips). The spread is the difference between how much you can buy or sell a currency at a specific point in time. It's very similar to the bid and ask prices in the stock market. Since you don't pay a commission to a forex broker, they make their income through the spread. You don't get anything in return for paying the spread, so you'll save money on each trade if you pick a broker with low spreads.

Amount of Leverage Offered. Leverage is essential to making big money in forex. When you're making a profitable trade, the amount of "increase" in what you're holding amounts to just fractions of a penny per unit. So if you're not investing tens or hundreds of thousands of dollars, your total gain is minimal. To make a stock market comparison, assume that you buy $5,000 worth of a stock for $20. A few hours pass, and you sell it for $20 1/8. Total gain? A barely noticeable $31.25. Now lets say you were able to borrow your brokers money, and buy $500,000 worth of the same stock. Your gain would now be $3,125, which is much more substantial. An equity broker would never give you that much margin, but you can find some forex brokers who will offer as much as 100:1, which means that you can borrow up to 100 times the amount of your own capital invested. Obviously, this can be risky because you can lose money as well. Do your homework on how margin and margin calls work before using it, but understand that it is the fastest way to big money.

Reputation of the Firm. All forex brokers should be registered with the Futures Commission Merchant and the Commodity Futures Trading Commission. You should verify that your potential forex broker is in fact registered before giving them any money. Also, because of the massive amount of capital required in the foreign currency market, brokers are usually owned or operated by large banking institutions. Verify their financial stability to ensure the safety of your investments.

Account Types Available. Small investors should look for brokers that offer mini accounts. A mini account usually offers a high amount of leverage (otherwise it would take decades of successful trading to grow $300 into anything significant). Every broker should have standard accounts which need $2000 to start the account with and offers more leverage options. The third type of account is a premium account, which will offer access to more powerful tools, services, and research. The amount of capital needed for a premium account will vary based on institution.

Quality of Tools and Research. Just as in online stock trading accounts, the quality and availability of tools and research will vary greatly between brokers. Most will have real time charts, news, & data, along with technical analysis tools. Some will have expert analysts writing articles and reports. You can look these analysts up on Google to see how credible they are. Also look for technical trading tools, economic indicators, and good customer support. I suggest starting a demo account at several brokers to get a feel for their platforms and see what type of system is most comfortable to you.

Choosing a forex broker is a very important decision, so take your time and do your due diligence. If you end up with a good one, you'll have everything you need to succeed and will be able to focus solely on trading the forex.

This article is just a small piece of the free Forex Trading Course at forexgameplan.com. Go learn about this incredible market and sign up today while the 30 day course is still free

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Friday, November 30, 2007

Forex Brokers

 Most FOREX traders use a broker to handle their transactions. What exactly is a broker? Strictly speaking, a broker is an individual or a company that buys and sells orders according the investor's decisions. Brokers earn money by charging a commission or a fee for their services.

A FOREX broker needs to be associated with a large financial institution such as a bank in order to provide the funds necessary for margin trading. In the United States a broker should be registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) as protection against fraud and abusive trade practices.

Before trading FOREX you need to set up an account with a FOREX broker. You may feel overwhelmed by the number of brokers who offer their services online. Deciding on a broker requires a little bit of research on your part, but the time spent will give you insight into the services that are available and fees charged by various brokers.

The best advertising is word-of-mouth advertising, and this is just as valid in FOREX trading as it is for any other type of business. Talk to friends and associates to see who they are dealing with and find if they have any complaints or difficulties in dealing with a particular broker.

You could try selecting a few online brokers and contact their Internet help desks to see how quickly they respond to enquiries and whether or not they answer questions to your satisfaction. Keep in mind, however, that pre-sales service may be better than after sales service. This can be true for any online business, not just FOREX brokers.

Customer satisfaction and safety are just part of the story. You want to find a broker who executes orders quickly and with minimum slippage. All online brokers should offer automatic execution and have clear policies regarding slippage. They should be able to tell you how much slippage can be expected in both normal and fast-moving markets.

Next you want to know the fees involved. What is the spread? Is spread fixed or variable according to the type of account? Are mini accounts subject to wider spreads? Are there any other charges? Smaller spreads mean more profit for the trader, but there may be a trade-off between spread and service. Look at the overall picture before deciding to go with a particular broker.

Margin accounts are the lifeblood of FOREX trading, so be sure you understand the broker's margin terms before setting up an account. You need to know the margin requirements and how margin is calculated. Does margin change according to the currency traded? Is it the same every day of the week? Some brokers may offer different margins for mini and standard accounts.

Trading software is very important for the online FOREX trader. Get a feel for the options that are available by trying out a demo account at a few online brokers. Above all, you are looking for reliability and the ability to perform well in fast-moving markets. The software should offer automatic trading and may have special features such as trailing stops and trading from the chart. Some features may only be available at an extra cost, so be sure you understand what your trading needs are and how much the broker charges to provide them.

Other information to find out about includes the broker's policy regarding minimum account balances, interest payments on account balances, which currencies can be traded and whether or not non-standard sized lots can be traded. You should also find out whether clients' funds are insured and the extent of that insurance.
This article provided courtesy of http://www.about-forex.net
 Simon Harris -
http://www.about-forex.net
 

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