Forex toolbar can be downloaded at:
www.fx-bar.com
This is the FX-BAR FREE Forex toolbar tutorial. Once you download the toolbar you will be able to:
Get various Forex news headlines and live Forex quotes automatically!
Get instant access to the TOP Forex trading sites in these categories:
Forex brokers - Find your Forex broker. Open demo and live Forex trading accounts.
Forex signal - Find the Forex trading software and signals that work best for you.
Forex education - Learn Forex from the best! Get Forex training or take a Forex trading course.
Forex forums - Join the top Forex forums out there. Get useful Forex trading tips.
Forex blogs - Read what an experienced Forex trader has to say about Forex.
Forex charts - access free and professional Forex charts.
Forex TV - Watch The latest Forex news and Forex commentary.
Chat with other Forex traders who have the toolbar installed!
Search from anywhere on the web.
Get notified when you receive new e-mails to your POP3, Yahoo!, Gmail, or Hotmail accounts.
The toolbar is completly safe to download. You can download it at: www.fx-bar.com
Enjoy the toolbar!
Read More....
Forex Toolbar - The FX-BAR Forex Toolbar Tutorial
Monday, November 19, 2007
Posted by
forex trading
at
7:32 PM
0
comments
Labels: course, demonstration, download, Forex, Forex Toolbar, FX-BAR Forex, Lesson, software, tools, Training, Tutorial, Video
Bid and Ask or Buy and Sell
There are always two numbers given after the currency pair, the first always has a smaller numerical value then the second. This can once again be shown using the same example (EUR/USD 1.2660 1.2663). The first number is known as the "Bid" or "Sell" and the second number is known as the "Ask", the "Offer" or "Buy".
The smaller number or the Bid (Sell) (1.2660) represents that price where one can sell the major currency and buy the secondary currency; sell the EUR and buy the USD. The second price the Ask (BUY) (1.2663) represents the price where one can buy the major currency and sell the secondary; buy the EUR and sell the USD.
In the trading window below the trader is able to buy the EUR against the USD at 1.2847 or sell the EUR and buy the USD at 1.2844. The trader is also able to buy the USD against the JPY at 117.60 and sell the USD and buy the JPY at 117.57.
Read More....
Currency Pairs
Currency Pairs: Each currency is recognized by a three letter code. For example EUR (is the EURO and refers to the European currency), USD (is the United States Dollar). The worlds leading currencies (often referred to as the majors) are the EUR, USD, JPY (Japanese Yen), GBP (the British Pound or Sterling), CHF (the Swiss franc), AUD (the Australian Dollar) and the CAD (the Canadian Dollar).
Currencies are traded in pairs and are displayed as such. There is always the three letter currency code a slash and another three letter currency code. The first currency displayed refers to the "base", "leading" or "primary currency"; the second currency refers to the "secondary currency".
For instance when looking at the EUR/USD the EUR is the leading currency and the USD is the secondary currency. The "currency pair" or "currency cross" is then followed by a number; this is typically a five digit number with a decimal point after the first, for instance 1.2660.
The number represents the ratio of one currency against the other, and can be read as "the amount of the secondary currency needed in order to have one unit of the major currency". In the example just given, EUR/USD 1.2660, one would require 1 Dollar and 26.6 cents to exchange for 1 Euro.
Read More....
Who Trades in the FX Market?
Foreign exchange traders can be separated into two groups, hedgers and speculators.
Hedgers: Governments, companies (exporters and importers) and some investors have foreign exchange exposure. Adverse movements between their local or domestic currency and the foreign currency of the group they are either doing business with (for the exchange of goods and services) or investing in will affect their bottom line. This is the core of all foreign exchange trading; however it only makes up approximately 5% of the actual market.
Speculators: These groups which range from banks, funds, corporations and individuals – create artificial rate exposure in order to profit from the variations or movements in the price.we trade off-exchange forex transactions.
Read More....
Posted by
forex trading
at
7:14 PM
0
comments
Labels: Forex, FX Market, Hedgers, Lesson, speculators, Trader, trading, Tutorial
Basic Concepts
The term Foreign Exchange means the transferring of one currency into another simultaneously. Since currencies are traded in pairs, to profit from an exchange rate move you need to buy the currency that you expect will strengthen and sell the other. For example if you believed that the Euro (EUR) was going to appreciate against the dollar (USD) you would buy the EUR/USD; or in other words buy the EUR and sell the USD. Alternatively, if you believed that the EUR was going to depreciate against the USD then you would sell the EUR/USD; or sell the EUR and buy the USD.
As can be seen there is no need to wait for a bullish market to profit, for at any given moment, one currency will be strengthening against another. The FX market is therefore constantly producing opportunities to invest.
Read More....
The FX Market
The Foreign Exchange market which is often referred to as the "Forex" or "FX markets" is the largest, most liquid, most transparent financial market in the world. Daily average turnover has now exceeded 2 trillion USD. All the U.S. equity markets combined do not reach 3% of the total volume traded on the FX market.
Unlike other financial markets, where for the most part you can only profit in rising markets, in the FX market whenever one enters into a position he is long (bought) one currency and short (sold) another currency simultaneously which means as opposed to other cyclical financial markets in the FX markets there are endless opportunities.
Read More....
Make Money Online with eBay, Yahoo!, and Google
Thursday, November 15, 2007
Ebook Make Money Online with eBay, Yahoo!, and Google:
Groundbreaking strategies for reaching millions of customers online and boosting traffic, sales, and profits
This full-color, seminar-in-a-book presents a proven plan for maximizing your online profits by leveraging the top three services: eBay, Yahoo! and Google. You’ll learn to: expand an existing eBay business to reach millions of targeted buyers; Open a Yahoo! store to build a thriving direct-to-customer business; and send more customers to their online retail business with improved search engine placement and targeted adword buys using Google. How to Make Money Online with eBay,Yahoo!, and Google explains how to use cross-merchandising and integration strategies to promote sales and manage inventory across multiple sales channels.
Download Ebook Make Money Online with eBay, Yahoo!, and Google
Read More....
52 Simple Ways to Manage Your Money
Simple Ways to Manage Your Money
Take the fear out of managing your money!
Finally, a book that reveals easy-to-use methods for evalutating and controlling your finances! Make financial control painless. Through a better understanding of your feelings and attitudes toward money, you can gain financial freedom. Learn how your feelings about money can prevent you from reaching your goals.
Each two-part chapter describes an investment or common financial problem. After providing tips and techniques for success, the book invites you to explore whatever is preventing you from moving ahead.
Chapters include tips on how to raise your consciousness about money, goal setting and budgeting, and guidance when selecting a financial advisor or buying life insurance. 52 Simple Ways to Manage Your Money is a practical, systematic workbook that motivates readers to take steps necessary to ensure a sound financial future.
You've worked hard for your money. It's time to let your money work hard for you.
Download Ebook 52 Simple Ways to Manage Your Money
Read More....
Make more money
1001 ways to make more money:
Ebook about how to make more money
A treasure trove of tips on how to increase your income as a speaker–and keep your clients coming back for more
“This extraordinary book contains wonderful insights, ideas and strategies that you can apply immediately to be more successful as a speaker, trainer or consultant, than you ever thought possible.”
–Brian Tracy, Speaker, Author of Goals!
“A must-read! Lilly Walters and the world of paid professional speaking–two names that go hand in hand. When you want ideas you can use today to increase your income in this industry, Lily is the one to ask!”
–Mark Victor Hansen, Co-creator, #1 New York Times bestselling series, Chicken Soup for the Soul, Co-author, The One-Minute Millionaire
“Lily has done it again! Another great tool to help anyone in the “experts industry” access the market and profit from it.”
–Jack Canfield, Co- creator and co- author, Chicken Soup for the Soul
1,001 Ways to Make More Money as a Speaker, Consultant, or Trainer draws upon bestselling author Lilly Walters’ lifetime of experience as a top speaker and consultant. She also combed through a recent survey of more than 7,000 speakers, consultants and trainers who were asked to describe their revenue-generating strategies. The result is a priceless compendium of sure-fire incomegenerating tips, tricks, strategies, and techniques that no speaker, consultant, trainer, or seminar leader will want to be without.
* More than 1,300 proven strategies to help speakers, trainers, and consultants to grow their incomes in any economic climate
* Includes the best practices of thousands of successful speakers, trainers, and consultants
* A quick-reference format featuring simple bulleted sentences categorized by topic
Book Info
Text provides a collection of income-generating tips, tricks, and techniques that no speaker, consultant, trainer, or seminar leader will want to be without. Softcover. DLC: Business consultants–Fees.
Download Ebook 1001 ways to make more money
Read More....
Ebook Profitable Patterns for Stock Trading
Wednesday, November 14, 2007
Ebook Profitable Patterns for Stock Trading:
Larry is a trading mentor and a thirty year veteran of the Chicago Mercantile Exchange. He supervised Drexel-Burnham-Lambert’s Commodity Department in Los Angeles. Larry traded on and off the floor and trained over 200 traders. He is currently a contract trader for a large hedge fund. Larry seeks to distill and share his thirty years of market experience. His contribution is to teach others the "art and science" of trading. He is the author of six books on trading, and he periodically gives seminars on his pattern recognition style of trading.
Over the past 20 years the use and misuse of the Fibonacci Summation series has proliferated to the point that commentators on the nation's TV business channels are now resident experts. I lay no claim to being an expert. I have, however, studied the subject of Fibonacci numbers extensively, especially how it relates to trading. I have always taken the pragmatic position that if I could not use what I was studying to help in trading, then I was not interested in pursuing it any further.
If this material can stimulate your interest in the subject, then introducing you to the subject will have been worthwhile... The pattern recognition methodology illustrated in the text will be of interest to anyone that has ever traded using technical charts. I can say with confidence that there are very few who have researched patterns to the extent I have. Some of the references date back to the early 1900s. Each of these patterns is based on ratio and proportion. A technical ! chart is nothing more than a road map with a price and time axis.
These patterns repeat with a great deal of regularity. Some of my best students have been airline pilots. They seem to approach trading like they approach flying, following a flight plan. The similarities to trading are numerous. Finally, one of my goals in writing this book is to expose you to the subject of ancient geometry. Fibonacci numbers are an integral part of the numbers that make up the subject of their origin in the cosmos. I will not spend a significant amount of time relating my experiences in astro-harmonics research. The subject is too vast for me to consider here. More importantly, it is not necessary for profitable trading.
Download Ebook Profitable Patterns for Stock Trading
Read More....
Technical Briefing Intensive Forex Training
Monday, November 12, 2007
Video Technical Briefing Intensive Forex Training
Very informative video. I am inspired by all the experienced traders sharing information online via Youtube. Myself and my brother are traders and software developers and you can check out our Free forex trading videos searching here on youtube for forex flows for some of our free tutorials
span class="fullpost">
Read More....
Ebook A Complete Guide to Trading
Download Ebook A Complete Guide to Trading:
Come Into My Trading Room educates the novice and fortifies the professional through expert advice and proven trading methodologies. This comprehensive trading guide provides a complete introduction to the essentials of successful trading; a fresh look at the three M's, including a proven, step-by-step money management strategy; and an in-depth look at organizing your trading time. Come Into My Trading Room reviews the basics of trading stocks, futures, and options as well as crucial psychological tactics for discipline and organization with the goal of turning anyone into a complete and successful trader.
Download Ebook A Complete Guide to Trading
Read More....
Business Inventories
Sunday, October 28, 2007
Angka persediaan barang yang telah diproduksi namun belum terjual. Merupakan salah satu komponen dalam perhitungan GDP dan dapat memberikan petunjuk penting mengenai arah perekonomian di masa yang akan datang.
Read More....
All Industries Index
Indeks ini menunjukkan pergerakan harga untuk kombinasi harga yang telah di-adjust (disesuaikan) terlebih dahulu dari semua indeks perindustrian.
Read More....
How To Choose The Right Forex Trading System For You
When it comes to trading systems that you can use to trade on the Forex market you have plenty of options but it’s very important to choose the right Forex trading system for you.
Some may find fundamental factors easier to take while others will do better with technical indicators. Everyone is different and which system isn’t important – what is important is matching individual to system. So how do you find the right system?
Well it starts with you understanding the methods of analysis that are used when you are trading on the Forex currency market. When you know what the tools are and how to use them you can analyze what is best for you.
Some of the most popular technical analysis tools include pivot points, Fibonacci retraces, chart patterns, candlestick patterns, trade balances, interest rates, and GDP which stands for gross domestic product.
You will need to determine the profitability of the Forex trading system you are considering choosing. Use a real time demo to determine how profitable a trading system is. This lets you begin to understand what the system’s capabilities are and it also let’s you become familiar with the trading platform.
Next you need to have a look at the expectancy which tells you what type of profits you expect to make over a period of time. You calculate expectancy using this simple formula:
(Probability of winning × average win) – (Probability of losing × average loss) = the average profit per trade. If this number is a negative number you need to look at a different Forex trading system. Of course the higher the number the better the profits you can expect.
You should also examine the opportunity factor which is just how often you can expect to trade using the trading system. You multiply your expectancy figure with the opportunity factor and it tells you how much you can expect to profit during a specific time period. The more opportunity the more profit you can expect to put in your pocket.
Now that you know how to choose the right Forex trading system for you to reap the most profitability.
Read More....
Choosing Forex Trading Software
If you plan to start trading with Forex online you will need the right software system to give you the ability to collect information on market prices and make Forex trades quickly and easily. There are two types of Forex software available. One is web based while the other is client based.
The Forex market is a high paced fast moving market and to make good trades you need good information and with the right software and a high speed internet connection everything you need is only mouse click away. You just need to decide on which software is best for you.
Client based Forex trading software is downloaded and then installed on your computer. The biggest draw back to a client based system is that you can only access it from the computer on which it is installed. You also need to be concerned with the security on your system.
Web based software lets you login in with an internet connection and you can use any computer anywhere. Web based software tends to less vulnerable to viruses and hackers because of the high security implemented.
Whether you use web based or client based it needs to provide you with real time quotes and the means to quickly buy and sell on the market. If you choose client based software it pays to pay the fee that ensures you software updates because there are regular changes.
Brokers house your client information on two servers in two different locations for security and safety of your data. So for example if a server has a power failure the data is automatically transferred to the other server and you won’t even realize there was an interruption. Brokers also back up their server using an ongoing system so nothing is ever lost.
You may have found your calling with Forex. There is plenty of money to be made on the currency market. The first step is taking a little risk, the next step is choosing the right Forex trading software, and finally you’ll reap the rewards in profits.
Read More....
Tips For Global Forex Trading
You’ve decided to become a trader on the Forex market but since you’ve never played on the currency market you aren’t sure where to start. Not to worry – we’ve got some great tips for global Forex trading,
Forex is the foreign exchange market where currencies are bought and sold. It began back in the 1970’s with the introduction of free exchange rates and floating currencies. Thanks to the internet more and more people are able to reap the profits of the currency market with global Forex trading.
This is a market that trades as over US$1 trillion a day. It trades more than any other market. There are some distinct differences in the currency market compared to the stock market. Money moves much faster so no single investor has the ability to actually affect market price and trades are able to open and close within seconds which is not possible on the stock market.
To start your global Forex trading you need to open a Forex account. Just fill in the application and the sign the margin agreement which let’s the broker intervene at any time. That makes sense since it’s the broker’s money that just makes sense.
You need to choose a trading strategy that works for you. Different strategies work for different traders to don’t try to makes something work, instead find the right trading strategy for you.
It’s important to understand that trends move prices so a smart investor will make trends their friend and even go so far as to examine historical trends.
The top five currency pairs are USD/Yen, Euro/Yen, Swiss franc/USD, Pound USD/ and the Euro/USD. Make sure you know and understand them.
Examine the charts at 1 hour, 4 hour, and daily. This will give you the daily trends and plenty of opportunity to trade. Sure you can trade every 15 minutes if you like but that’s not really practical.
Now that you’ve got all your global Forex trading tips you’re ready to see some profits.
Read More....
Strategi Trading Valas 100% Profit
Sebelumnya, kalau boleh saya mengajak anda berangan – angan, bayangkan jika di waktu mendatang di segala penjuru kota di negeri tercinta ini tersedia “mesin – mesin ATM” (atau apapun istilahnya) yang menyediakan informasi tentang Forex Rates baik informasi runing harga,chart ataupun yang lainnya. Dimesin itu kita bisa ber-trading valas, mulai dari deposit,open posisi,close sampai ke withdrawal. Alasan saya mempunyai harapan seperti itu :
1.
Trading Valas itu bukan judi.
2.
Trading Valas adalah bisnis yang sangat populer. FOREX TRADING merupakan pasar terbesar di dunia diukur berdasarkan nilai total transaksi.
3.
Ditengah keterpurukan ekonomi, menyempitnya lapangan kerja, mulai jenuhnya bisnis MLM, kebutuhan hidup yang semakin meningkat, Trading Valas hadir sebagai bidang usaha mandiri yang sangat menggiurkan. Trading Valas bisa dilakukan siapa saja, kapan saja dan dimana saja.
4.
Trading Valas bisa dijadikan bisnis dimasa pensiun, ketika usia kita sudah tidak produktif.
Ok, kita lanjutkan perjalanan kita… Melanjutkan strategi saya yang lalu, Sell di pair EUR/USD, USD/JPY, EUR/JPY ketika sudah jenuh diatas (lebih baik memiih Sell diatas daripada Buy dibawah).
Strategi berikut ini memang lebih sedikit “rumit”. Kita sudah mulai On-line menjelang Open Market Amerika sekitar jam 19.20, wait and see dengan “pertempuran” Eropa dan US. Disaat “pertempuran” itu kita harus berjiwa investasi seperti macan tutul. Macan tutul jika sedang mengendus calon mangsanya pasti akan hati – hati sekali. Meskipun larinya lebih kencang dari mangsanya tetapi ia akan menerkam mangsanya hanya jika sudah benar – benar dekat atau 99,99% kena. Strategi ini kita akan melakukan open posisi SELL EUR/JPY. Diantara jam 19.30 – 23.00 kita perhatikan chart ketiga pair (EUR/USD, USD/JPY & EUR/JPY). Perhatikan pergerakan chart EUR/USD dan USD/JPY, jika keduanya berada diatas (keduanya mendekati high hari itu) sudah pasti EUR/JPY akan diatas juga bahkan break high. Nah saat itulah waktu yang paling ideal untuk open posisi Sell. Anda juga tidak perlu menggunakan stop loss. Pergerakan selanjutnya jika salah satu pair EUR/USD atau USD/JPY turun maka EUR/JPY sudah pasti ikut turun, kemudian pergerakan selanjutnya jika keduanya (EUR/USD & USD/JPY)turun, maka EUR/JPY sudah pasti terjun bebas dan menambah pundi – pundi profit pip kita.
Read More....
Posted by
forex trading
at
2:19 AM
0
comments
Important Forex Trading Terms
Wednesday, October 3, 2007
Spread
The spread is the difference between the price that you can sell currency at ( Bid) and the price you can buy currency at ( Ask). The spread on majors is usually 3 pips under normal market conditions. For more information on the trading conditions at Saxo Bank, go to the Account Summary on your Client Station and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.
Pips
A pip is the smallest unit by which a cross price quote changes. When trading forex you will often hear that there is a 3-pip spread when you trade the majors. This spread is revealed when you compare the bid and the ask price, for example EURUSD is quoted at a bid price of 0.9875 and an ask price of 0.9878. The difference is USD 0.0003, which is equal to 3 “pips”.
On a contract or position, the value of a pip can easily be calculated. You know that the EURUSD is quoted with four decimals, so all you have to do is cancel out the four zeros on the amount you trade and you will have the va value of one pip. Thus, on a EURUSD 100,000 contract, one pip is USD 10. On a USDJPY 100,000 contract, one pip is equal to 1000 yen, because USDJPY is quoted with only two decimals.
Read More....
Why trade Forex ?
24 hour trading
One of the major advantages of trading forex is the opportunity to trade 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT). This gives you a unique opportunity to react instantly to breaking news that is affecting the markets.
Superior liquidity
The forex market is so liquid that there are always buyers and sellers to trade with. The liquidity of this market, especially that of the major currencies, helps ensure price stability and narrow spreads. The liquidity comes mainly from banks that provide liquidity to investors, companies, institutions and other currency market players.No commissions
The fact that forex is often traded without commissions makes it very attractive as an investment opportunity for investors who want to deal on a frequent basis.
Trading the “majors” is also cheaper than trading other cross because of the high level of liquidity. For more information on the trading conditions of Saxo Bank, go to the Account Summary on your SaxoTrader and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.100:1 Leverage
Leverage (gearing) enables you to hold a position worth up to 100 times more than your margin deposit. For example, a USD 10,000 deposit can command positions of up to USD 1,000,000 through leverage. You can leverage the first USD 25,000 of your investment up to 100 times and additional collateral up to 50 times.Profit potential in falling markets
Since the market is constantly moving, there are always trading opportunities, whether a currency is strengthening or weakening in relation to another currency. When you trade currencies, they literally work against each other. If the EURUSD declines, for example, it is because the U.S. dollar gets stronger against the Euro and vice versa. So, if you think the EURUSD will decline (that is, that the Euro will weaken versus the dollar), you would sell EUR now and then later you buy Euro back at a lower price and take your profits. The opposite trading scenario would occur if the EURUSD appreciates.
Read More....