Forex Daily Analysis
Credit Fears pushes Stocks Down Fri 16 Nov 00:30:29 2007 The fed made the biggest temporary daily infusion to the banking system...
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Is the dollar downtrend will change due to the... Mon 05 Nov 11:06:28 2007 Also, this week will be very important to look closely at the...
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EUR/GBP - Euro Posts Biggest Weekly Gain Against Sterling! Mon 12 Nov 11:08:34 2007 The ECB left interest rates on hold at 4 percent last week...
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In-depth forex analysis
AUD/USD - Australia's dollar headed for a second weekly... Fri 16 Nov 11:19:09 2007 The Australian dollars is significantly weaker today due to softer economic data...
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USD/JPY Fri 16 Nov 00:31:38 2007 The RSI points down .
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Gold Slips on Lower Oil Fri 16 Nov 00:37:18 2007 The precious metal dropt on Thursday as traders took profit and crude...
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Finotec's mission is to provide an online Forex trading platform that allows clients to trade the Forex market easily and successfully. On top of dealing with forex trading, Finotec also specializes in stocks trading, crude oil and gold trading, as well as in futures and cfd trading. Our online trading platform is unique and traders wishing to buy and sell currencies, commodities, options and indices will find it very user-friendly. Whether the value of a currency pair goes up or down, traders may benefit from it. By using our online trading platform, clients also have access to real-time prices of stocks, indices, gold, silver and options.
Trading with Finotec is easy: clients can register to our platform in 3 easy steps, and within minutes, they have access to the largest financial market in the world - around $3 trillion in overall daily trade volume. Since Online Forex Trading practically never stops, the Finotec Forex Trading Platform is available any time of the day. It offers free technical analyses, charts (including Japanese candlesticks), graphs, indicators such as RSI and MA and an up-to-date economic calendar
Finotec provides clients with all the resources needed to increase your chances of making profit when trading Forex. Finotec is also one of the rare online trading platforms to offer options trading on the main currency pairs.
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Finotec Forex Analyses RSS
Credit Fears pushes Stocks Down
The fed made the biggest temporary daily infusion to the banking system in six years.
Dollar slips as expectations for interest rate cut
”the market expectation is to see the Euro/Dollar at 1.4800 until the end of the year”, said from Finotec dealing desk. The Dollar is trading around the levels of 1.4645 against the Euro, around the levels of 111.45 against the Yen...
The US Dollar Is under Selling Pressure
Investors are worries about the U.S. economy . Today, the U.S. government will release its October retail sales report."Publication of any number that will be lower than 0.2% will cause to a new selling flow",said from Finotec Team.
The pound fall to a two week low on stock...
The pound was down yesterday and traded at 2.0523$ a two-week low.
Risk aversion boosts yen to 18-mth high vs. dollar
At the moment the dollar is trading around the levels of 1.4600 against the Euro, around the levels of 110.55 against the Yen and around the levels of 2.0780 against the SterlingDo you want to become rich? We have nothing against it, and we'll be pleased to help you with that. For the information of those who do not know it yet, FOREX (FOReign EXchange market) is an international exchange market, where money is sold and bought freely. Speculations on the FOREX exchange market give the biggest profit of all legal types of transactions! xxx gallery
The level of profits depends only on your abilities! We give novices all the information necessary for starting work, and we also give them an opportunity to open a training (demo) trading account. Professionals are welcome to study our conditions and we hope they will attract your attention. xxx gallery
What are our advantages? First of all is the changeable trading leverage, from 1:25 to 1:200, ALL the positions are taken out to the market, we do not "move" quotes and we do not widen any spread at the moment the position is being opened/closed (More...)
17.11.2007 19:16
Rates
M1
M5
M15
M30
H1
H4
D1
EUR JPY CHF GBP
The light web-version of Internet broker PRO-FOREX.com's trading terminal allows you to work for 24 hours a day with four major currencies (EUR, JPY, GBP, CHF) against the US dollar on the spot, i.e. according to the current prices on the FOREX international exchange market. The program does not demand installation!
For trading with 40 currency pairs, and also gold and U.S. shares and indices you have to download and install the complete version of the trading terminal MetaTrader4. porn gallery 1
Transactions of purchase and sale are conducted with the help of PRO-CHARTS, special forex charts software designed by our company for our trading terminal. Quotes on this page are meant only for the survey of the situation on the market.
The program does not have to be installed, it is done directly in your browser, and it takes less than a minute to start it. You can work from any computer connected to the Internet. porn gallery 2
What can be better than good news with a nice cup of coffee? Only good news that will answer your expectations concerning the exchange and fund markets can give you more confidence for your trading on FOREX market.
We always give you only the latest news.
For the last few years, forex trading has been a good opportunity for many people to earn really big money. Innocent Teens Gallery
In our time, to work in a forex market you only need a computer, a small initial capital, and some time to watch the forex chart and see currency exchange rate changes. Teen Sex Porn Movies
Choosing your own forex trading strategy you can control a desirable level of your risks and profits. First of all you should try online forex trading, using our forex charts, on demo-account. It is free, but it could be useful to find a new way to earn money, or even to get a new occupation in your life. As an experienced online forex broker, we will be pleased to help you and answer any questions about this business. Just try, and every foreign exchange rate might become the symbol of your prosperity.
Trading Strategies
GBP/USD
Entry Level: 2.0425
Position: Buy
Stop-Loss: 2.0390
Target: 2.0500
all strategies >>
Real orders
Stats for 21:05 GMT
BUY SELL
EUR
JPY
GBP
CHF
ShortTerm Rates
Federal Funds 4.50%
Discount rate 5.50%
Repo rate 5.75%
Deposit rate 3.00%
Marginal lending 5.00%
Discount rate 0.75%
Overnight call 0.50%
Overnight rate 4.50%
Bank rate 4.75%
Cash rate 6.75%
Official cash 8.25%
complete list
Opened accounts stats
Real total: 665
Real today: 0
Demo total: 8658
Demo today: 0 When starting to trade on the forex market, you have to be aware of this market's specificity.
The Forex market allows a trader to make profit when buying or selling. There is no commission per trade, but a spread between the buying and selling price.
The below lines contain everything you should know about the forex market.
What is Forex (Foreign Exchange, FX) ?
ACM offers online forex trading services for traders wanting to make speculative transactions on the exchange rate between two currencies.
These rates may be influenced by world economic and political events, currency rate differentials, as well as many other factors including extreme weather conditions (hurricanes), acts of terror etc.
The Forex is the largest marketplace in the world with than 1.8 trillion dollars changing hands daily and so making it one of the most attractive and lucrative markets.
How does the Forex work?
The forex market allows you to buy and sell currencies against each other and speculate on the differences in exchange rates.
Making a transaction on the Forex Market is simple: the procedures are identical to that of any other market so switching to trading currencies is straightforward for most traders.
Buying/Selling - B/S
If you want to open a position (i.e.: place an order to sell – to make a profit if the exchange rate falls) you have to choose the amount (i.e.: 100.000 EURUSD) from the drop down menu on the platform and then click the mouse on the sell currency button: SELL (if you want to place an order to buy, you should act in reverse).
This will open a position in the market and you will receive an immediate notification of it on your trading station.
To close an open position, you have to do the opposite of the initial operation – in our case buy the 100.000 EURUSD back.
Different order types also exist to open or close a position under a certain condition.
How does the B/S system work?
As with any market, for each currency pair, there are 2 prices. The difference between them is called the spread.
The spread is measured in points or pips – lowest decimal figure in a currency rate.
For a EURUSD a pip equals 0.0001 (or 10 dollars on 100.000), for EURJPY a pip equals 0.01 (or 1000 yen on 100.000). More information on P/L calculation on the following page: profit and loss.
Forex currencies quotation system
Currencies are quoted in pairs, for example – EUR/USD or USD/JPY.
The first currency in the pair is called the base currency and the second is called the counter currency.
The base currency is the ‘basis’ for purchases and sales.
For example, if you buy EUR/USD, then you acquire Euros and sell Dollars. You do this if you expect the Euro to grow against the Dollar.
It is also possible for a currency pair to be quoted as USD/EUR, but this method is used extremely rarely.
Each transaction must have 2 sides – a buy and a sell (or a sell and a buy).
By this we mean that it is impossible to buy 100.000 EUR/USD and then exchange it for another currency pair (i.e.: EUR/JPY) without closing the first position.
Also please note that no physical currency delivery will be made. For these purposes banks and exchange companies, which specialize in low-rate currency conversions are available.
Forex market working hours
The Forex Market, based on ‘spot’ transactions, is unique in comparison with all other global markets.
This is because trading takes place 24 hours a day, 5 days a week (ACM platform works from Monday 00:00 to Friday 23:00 CET). Financial centers are open for work, and banks and other organizations exchange currencies in different parts of the world for different purposes.
Therefore, trading never stops apart from a short break during the weekend.
Early closings are possible depending on calendar arrangement such as, for example, Christmas or new year’s eve.
Forex trading margins
A margin deposit is not, as many traditional traders suggest, the payment in cash for purchasing market shares. A margin is in fact a guarantee or a trust deposit, providing protection from losses during a deal? It allows traders to open positions on amounts that greatly exceed their account limits and so increase their buying power. ACM offers a 1% margin (or 1:100 leverage), which means you can control 100 times your deposit in the real market.
If the funds in the account, in the course of trading, fall below the prescribed margin, your positions will be closed automatically without prior notice. Using this system, the client’s account cannot go overdrawn even under volatile, fast-changing market conditions.
The formula for calculating margins is as follows: (account balance + profit/loss) : open position = the margin
Rollover of positions (swap)
For the sake of transparency and unlike any other online broker we actually have a complete explanation of applied applies a cost of carry on behalf of the market or the customer on open positions held overnight. This overnight cost of carry is presented as a simple flat fee either paid or charged on a customer's account. This process makes for extremely simple statements and greatly increased executional transparency since we do not modify the original price of the position entered into by the customer.
You can find a more detailed explanation on the following page: overnight positions.
How to start trading forex ?
Open a live account if you feel ready to trade in the real market
OR
Open a demo account on one or both of our trading platforms and choose which suits you best
Define how long you can trade for.
Define the currency pair you feel most comfortable with.
Choose the tradable amount.
Before opening a position, you have to consider how much profit you wish to make or how much loss you are eventually prepared to take. Depending on this analysis, place stop and/or limit orders.
Open your position or place an entry order.
Follow significant news events and technical indicators which you can consult inside your trading station or from third party sources (find out more about different types of analysis on the following pages:
Technical vs fundamental analysis.
Forex technical indicators.
Forex fundamental analysis.
Also please consult the following pages for more information or contact customer support.
Learn more about foreign exchange
Foreign exchange glossary.
Spreads and margin requirements.
Execution methodology.
Trading examples.
Forex order types.
Phone trading terminology.
Trading with a strategy.
Platform
Advanced forex trading software
Charting
Powerful technical tools & analytics
Research
Expert forex market analysis
• Why trade currencies? »
• Learn how to trade forex with an online course »
• Attend a forex workshop in your area »
• Open a forex practice account and test your skill »
• Sign up for one of our free online webinars »
FOREX.com is a division of GAIN Capital Group, a dedicated partner to professional FX traders and fund managers worldwide. Institutional services include IB programs, white label solutions, and asset management. Individual forex traders can take advantage of the market expertise and financial strength of GAIN Capital Group and access an institutional FX trading platform, FOREXTrader, along with our powerful real-time forex charts, professional forex market research, and suite of advanced forex trading tools. For traders new to the currency trading, FOREX.com offers forex training programs, forex minis, and information about trading the foreign currency market.
Do you see the profit potential in trading currencies, but learning to trade just seems too daunting? Have you watched with excitement the recent crashing of the value of the USD, but simply don’t know how to get started trading?
While it is simple to begin trading Forex online, maintaining profitability in the long term is no easy task. You have probably heard that 90% of Forex traders lose their money in the long term. If indeed this is true, it is the result of a couple of different factors.
Overtrading: Each trade costs you a couple of pips—Consider your trades well before you make them. Each faulty trade, even if exited quickly, drains equity.
Bad money management: One bad trade can wipe out a year of patient, smart trading. Manage your risk using stop loss orders, so that you never risk too high a percentage of your equity on any one single trade.
Lack of knowledge: If you have never traded Forex before, educate yourself! Successful traders are not born that way. The difference between success and failure in the Forex market depends in no small part on the knowledge and education of a trader. For the beginning trader, a proper education is essential before investing in the Foreign Exchange. Find a program you are comfortable with, and begin practicing on a demo account.
Trading on the foreign exchange offers unparalleled opportunities for profit, but it is also extremely risky. Make sure you know what you are getting into before you start trading, and start trading only when you are comfortable in your knowledge and ability.
Nov
13Carry Trading
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The carry trade is a popular online Forex strategy which takes advantage of the different interest rates between two currencies. If one currency has a relatively low interest rate it can be sold against a currency with a high interest rate and the trader may pocket the interest rate differential. Speculators are guaranteed rollover interest deposits in their account at the end of each trading day. This can provide a significant boost to trader’s profit. If, for instance, an investor buys the NZD against the JPY, which have interest rates of 7.25 and .25 respectively, the trader can make a profit of 7% provided the market doesn’t move.
However, even when exploiting interest rate differentials, there are still significant risks to a trader. Obviously, the market can still move against the trader’s position, though the rollover interest adjustments do help mitigate potential losses. Considering that most carryover traders use exceptionally high leverages to exploit interest rate differentials, even a small move against a position can lead to very high losses.
Nov
11Forex Scalping
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Forex scalping is a trading strategy in which the trader makes dozens or even hundreds of trades daily, looking to capture a few pips per trade. Generally, scalpers stay in trades for less than a minute, bolting as soon as their position captures a few pips.
Brokers do not look kindly upon scalpers, as many times scalpers will exit a position before the dealing desk has time to deal your order. This means that the brokerage has to eat the position—a successful scalper will consistently earn money—money that comes directly from the brokerage’s pocket.
To avoid this conflict of interest between scalpers and the brokerages, scalpers often trade with electronic communication network (ECN) brokerages, which circumvent the dealing desk allowing online traders to trade directly with one another. ECN brokerages usually have less liquidity than traditional dealing desk brokerages and charge a per trade commission, but their pip spreads are narrower.
To be a successful online Forex scalper, traders must follow strict risk management rules. Because the scalper grabs only a couple of pips at a time, one big loss can wipe out dozens and dozens of careful, meticulous trading. Traders should be sure to use stop loss orders, ensuring that the profit/loss margin on each trade is very small.
Nov
7History of the Foreign Exchange
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Until the mid-seventies, major industrial economies were governed by the Bretton Woods agreement of 1944. The Bretton Woods agreement—which was named after the location of the international conference establishing this new monetary order—obliged participating international economies to peg their currencies to the dollar, which itself remained within a 1% standard deviation from the prevailing gold rate.
The architects of the Bretton Woods agreement hoped to prevent countries from artificially devaluating currencies, in order to make goods more attractive in the international marketplace, which led, in part, to a disastrous shrinking of the world economy in the 30s.
The system they established lasted for the next three decades. Shrinking confidence in the dollar, however, lead to a new international monetary system of floating rates, meaning that regular market forces, rather than governmental intervention, would determine the value of currencies. It was from this new system that the modern Forex market arose.
In a floating exchange rate system, market demand determines the relative value of currencies. Such a system is thought of as self-correcting, as any inefficiency is hammered out in the market. If, for instance, global demand for a particular currency falls, goods will become cheaper, and thus the value will begin to rise with the newly created demand.
In a floating exchange system, traders can exploit inefficiencies before the market corrects itself. These traders are called arbitrageurs, and they are able to utilize online brokers to execute their trades. If you are interested in beginning to trade in the Foreign Exchange, please visit our broker’s page to find a broker suitable for you.
Nov
6Why trade on the Foreign Exchange?
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There are tons of reasons!
-The high level of liquidity ensures instantaneous order executions in most market conditions.
-24 hour trading! The major Foreign Exchange centers are located in New York, London, and Hong Kong. The end of one trading day is the beginning of another. Traders are able to trade at any convenient time, no matter where their location. Furthermore, traders can always react quickly to any market altering news.
-Because of the immense size of the market, no single actor can substantially impact the market. Even multibillion dollar transactions are a relatively small percentage of the overall market, and can alter prices only slightly, and in the short term.
-Investors can trade on very high leverage, controlling large positions with relatively small amounts of money. Of course, while a movement in the trader’s favor results in large earnings relative to investment, movement against the position can result in the investment being wiped out. Using high leverages can be both risky and rewarding.
- Unlike, for instance, the stock market, in which traders must be familiar with hundreds of stocks, a online Forex trader need only be familiar with a few currencies.
-Whether a given currency is rising or falling, investors have the same profit potential. The Foreign Exchange is truly always a bull market.
Experience the online Forex market for yourself! Give one of our reviewed brokers a test drive. Sign up for a demo account, and gain instant access to the world’s largest market.
